0 Tokay Street
Victorville, CA 92395
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- – on site
Shovel-Ready 8-Unit Apartment Complex – Prime Investment Opportunity! Plans and drawings are under the supplements tab. Skip the wait and start building immediately with this fully approved 8-unit apartment complex! All plans approved and in place, saving you up to two years of work and ensuring a hassle-free development process. Located in a high-demand area, this project is designed to maximize rental income and deliver strong returns. Each unit is projected to rent for $2,200 per month, generating a value at a 6% cap rate of $3,500,000—a perfect formula for long-term success. Don’t miss this rare shovel-ready opportunity to secure a high-performing asset. Act now—opportunities like this won’t last! ?? Contact us today for details! This is your chance to hit the ground running. and secure this shovel-ready opportunity!
Last checked:
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Last updated Feb 22, 2025
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MLS# IV25036206 —
The Building
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New Construction:No
Location
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Directions:15 Frwy to Bear Valley rd go east to Balsam rd go left
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Latitude:34.47180900
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Longitude:-117.32910900
The Property
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Property Type:Land
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Zoning:cg
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Lot Features:6-10 Units/Acre, Rectangular Lot, Level
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Lot Size Area:25200.0000
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Lot Size Acres:0.5785
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Lot Size SqFt:25200.00
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Lot Size Source:Assessor
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View:1
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View:Mountain(s)
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Fencing:None
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Current Use Comments:Vacant Land: 8 unit apartment complex project has been approved (see supplements)
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Current Use:Unimproved
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Possible Use:8 unit apartment complex is approved by the officials
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Possible Use:Multi-Family
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Road Frontage:County Road
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Road Surface Type:Paved
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Additional Parcels:No
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Usable Land Percent:100
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:100.35
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Tax Tract:5189
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Tax Lot:45
The Listing
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Special Listing Conditions:Standard
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Parcel Number:3093491100000
Utilities
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Utilities:Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
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Sewer:Public Sewer, Sewer Applied for Permit
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Water Source:Public
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Water Well:No
The Community
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Features:Foothills
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Inclusions:Plans
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Association:No
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Senior Community:No
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Assessments:Unknown
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/19/25
Feb 19, 2025
|
Listed / Active | CRMLS_CA | $975,000 |
