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Listed by: Jung Lyu (213) 880-4675 DRE #02018698 | Jung Lyu, Broker (213) 880-4675
$895,000
Monthly Est:$4,455
-- Bed
-- Bath
2.28acres lot
0 Primrose Ave, Hesperia, CA 92345
$895,000
$4,455/moEst:
Get Pre-Approved
Land
Built in -
$-- HOA
2.28 acres lot
$392,544/acre
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.
- Houzeo last checked: 4 hours ago
- Listing updated: June 8, 2026 at 5:58 pm
- Source: California Regional MLS-CA | MLS#: TR26084871
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
2.28 acres lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
TR26084871
MLS Status
Active
Days on Market
172
Cumulative Days on Market
49
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Utilities & Energy
Water Source
Public
Other Features
Community Features
Valley
Lot Features
Thirty Six To Forty Units Acre
Price History
| Date | Event | Price |
|---|---|---|
04/20/2026 Source: | Listed for Sale | $945,000 -5.03% $0/sqft |
04/20/2026 Source: | Price Increased | $995,000 +11.17% $0/sqft |
04/20/2026 Source: | Price Increased | $895,000 +842.11% $0/sqft |
03/25/2025 Source: | Sold | $95,000 +5.56% $0/sqft |
03/17/2025 Source: | Contingent (Active Under Contract) | $90,000 +12.50% $0/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 02:30PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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