21905 Powhatan Road
Apple Valley, CA 92308
- – beds
- – baths
- – sqft
- ~5 acre lot
- 1972 build
- – on site
Presenting a unique chance to acquire a multifamily property at 21905 Powhatan Rd, Apple Valley, CA, featuring 13 existing units with significant expansion potential. This strategically located property boasts additional land zoned under the recently approved Village Specific Plan, allowing for the development of up to 92 units, while retaining its grandfathered multifamily zoning status. Key Features: - Current Units: 13 well-maintained multifamily units, providing immediate rental income. - Development Potential: Additional land available for the construction of up to 92 units, offering a lucrative opportunity for expansion. - Zoning Advantages: Recently transitioned to the Village Specific Plan, yet the property benefits from grandfathered multifamily zoning, ensuring a seamless development process. - Infrastructure Ready: City water and sewer lines are already plumbed to the property, simplifying the construction of new units and reducing upfront development costs. - Prime Location: Situated in the growing community of Apple Valley, this property is conveniently located next to a park and community center, near shopping, schools, and recreational facilities, making it attractive to prospective tenants. This property represents an exceptional investment opportunity in a thriving market. Whether you're looking to expand your real estate portfolio or embark on a new development project, 21905 Powhatan Rd offers the perfect blend of immediate income and long-term growth potential.
Last checked:
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Last updated Oct 16, 2024
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MLS# CV24208870 —
The Building
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Year Built:1972
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Year Built Source:Other
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New Construction:No
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Building Area Total:7774.00
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Building Area Units:Square Feet
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Total Number Of Units:13
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# of Buildings:7
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Stories Total:1
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Entry Level:1
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Common Walls:1 Common Wall, End Unit, No One Above, No One Below
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# of Separate Gas Meters:13
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# of Separate Water Meters:2
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# of Separate Electric Meters:13
Interior
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Levels:One
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Entry Location:Front gate
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Laundry:Common Area
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Laundry:1
Location
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Directions:Powhatan Rd & Manhasset Rd
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Latitude:34.49596000
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Longitude:-117.18530000
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Lot Features:16-20 Units/Acre, Level with Street, Lot Over 40000 Sqft, Rectangular Lot, Level, Value In Land
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Lot Size Area:4.7570
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Lot Size Acres:4.7570
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Lot Size SqFt:207214.92
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:97.12
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Tax Tract:NA
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Tax Lot:NA
The Listing
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Special Listing Conditions:Standard
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Parcel Number:3087351060000
Utilities
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Utilities:Sewer Connected, Water Connected
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Curbs
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking Spaces:27.00
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Uncovered Spaces:7.00
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Carport Spaces:20.00
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 |
|---|---|---|---|---|
|
10/8/24
Oct 8, 2024
|
Listed / Active | CRMLS_CA | $2,600,000 |
