0 Tokay, Victorville, CA 92395
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
0 Tokay,Victorville, CA 92395
$399,000
- 0.58 Acres
- Lots / Land
- Active
Listed by: barry goodrich
Office: keller williams realty
MLS#:IV26222937
Source:MLSListings
Price summary
- Price:$399,000
About this home
**Rare Multifamily Development Opportunity – Fully Approved 8-Unit Apartment Project!** A rare opportunity for developers and investors to secure a vacant lot with plans and approvals already in place for an 8-unit apartment complex. One of this property's most significant advantages is its unique sewer elevation positioning, reportedly making this the last remaining opportunity in the area to develop a multifamily building of this type. This distinctive infrastructure advantage makes the property an especially compelling opportunity for those looking to capitalize on limited multifamily development potential. Save valuable time and move closer to construction with plans and drawings already completed and approvals in place, potentially eliminating up to two years of planning and approval work. The proposed project offers the potential for eight rental units, each projected to command approximately $2,200 per month, representing a combined potential rental income of $17,600 per month at full occupancy. Opportunities to acquire a development site with this level of preparation and potential are increasingly difficult to find. Whether you're an experienced investor or a developer looking for your next project, this property offers a unique opportunity to move forward with...
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Home facts
- Listing ID #:IV26222937
- Added:3 day(s) ago
- Updated:October 22, 2026 at 04:26 PM
Structure and exterior
- Lot area:0.58 Acres
Utilities
- Water:District - Public
Finances and disclosures
- Price:$399,000
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