15 E Ave I , Lancaster, CA 93535
$700,000
Est. Payment: $3,522.29/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 107
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Entitlement-Positioned Residential Development – 8.69 Acres with Density Upside --- Four contiguous parcels totaling 8.69 acres with frontage along 15th St E from Avenue I to Kettering Street. The site offers a compelling opportunity for re-entitlement and tract development, supported by a split General Plan designation: approximately 4.18 acres of Medium Density Residential (MDR: 6.6–15 du/ac) and 4.51 acres of Urban Residential (UR: 2.1–6.5 du/ac)—allowing flexibility in product type, lot configuration, and overall yield. A previously approved Tentative Tract Map (TTM) for 38 single-family lots establishes a strong entitlement baseline. While the map has expired following the City’s upgrade to higher-density MDR zoning, it provides significant carry-forward value, including prior engineering studies, site planning, and a detailed record of municipal conditions of approval. This groundwork can materially reduce entitlement risk, inform updated yield scenarios, and accelerate the resubmittal process. Planning & Entitlement Advantages: • CEQA Positioning: Prior approvals and studies may support streamlined environmental review, with the potential for addendum or focused analysis rather than a full EIR, subject to City determination. • Known Development Standards: Existing conditions of approval offer clarity on grading, drainage, circulation, and off-site improvement requirements—reducing uncertainty during entitlement. • Utility & Infrastructure Context: Prior tract work provides insight into utility access points, capacity considerations, and likely off-site improvement obligations. • Improved Density Potential: Updated MDR zoning creates an opportunity to increase unit count beyond the prior 38-lot configuration while integrating required affordable housing components. • Phasing Potential: Parcel configuration and frontage may allow for phased development and flexible absorption strategies. Well-suited for builders and developers seeking a project with prior agency alignment, documented site constraints, and the ability to leverage existing due diligence to shorten entitlement timelines and move more efficiently toward final map approval and construction.

Highlights

Listed by Ronald Halcrow , 661-373-3221 Coldwell Banker Hartwig , 661-948-8424. CRMLS/Multi-Regional MLS mls logo

Property Type

Vacant Land

Lot/Acreage
8.69

County

Los Angeles

Area

LAC - Lancaster

Listing ID

SR26088166

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Other:Public

Exterior Features

Lot:11-15 Units/Acre,2-5 Units/Acre,6-10 Units/Acre,Corner Lot,Level,Rectangular Lot,Street Level,No Land Lease
Zoning:MDR & R-7000
Sewer:Public Sewer
Principal Interest
$3,522
Taxes
$446

Home Price

$700,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$140,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,522.29

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,522.29 $446.25 $0.00 $3,968.54
Yearly $42,267.47 $5,355.00 $0.00 $47,622.47
Total $1,268,024.16 $160,650.00 $0.00 $1,428,674.16

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Lancaster, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-09T00:36:01.000Z

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