$945,000

0 Primrose Avenue, Hesperia, CA 92345

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon2.28acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Prime development opportunity – 36-unit apartment project with civil plans approved and building permits in final plan check. Rare chance to acquire a nearly shovel-ready multifamily site with significant progress completed, allowing a developer to bypass much of the typical 12–18 month entitlement and approval process. Project includes approved plans for a 36-unit apartment complex with 81 parking spaces (approx. 2.25 spaces per unit), along with completed architectural, structural, and engineering work. Civil drawings have been approved, and building permits are in the final stages of review and nearing issuance, substantially reducing development timeline, risk, and carrying costs. Utilities and infrastructure approvals are in place, positioning the project for a streamlined path to construction. Ideal for developers seeking a high-upside opportunity with major pre-development milestones already achieved in a market where entitlement timelines and uncertainty can delay projects. This offering provides immediate value with the ability to close and move toward construction in the near term. Perfect for investors, builders, or developers looking to capitalize on a near-ready multifamily development. Buyer to verify all plans, permits, zoning, and development details with the city.

Listing Status:
Active
Date Added:
April 20, 2026
Data Last Updated:
May 21, 2026 at 1:18PM
Listing Office:
Jung Lyu, Broker : 213-880-4675
Listing Agent:
Jung Lyu : 2138804675
MLS ID:
TR26084871
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRM
  • County: San Bernardino
  • Zoning: MDR3057131330000
  • View: None
  • Water: Public
  • Source: CRMLS_CRM

This listing courtesy of Jung Lyu , Jung Lyu, Broker

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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