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31871313
31871471

15 E Ave I, Lancaster, CA 93535

Coldwell Banker Commercial Hartwig Realty
Listed by Coldwell Banker Commercial Hartwig Realty
$700,000
41 days on market
Updated 41 days ago

15th St E & Ave I

Details
APN 3147001049,3147001050,3147001044,3147001043
Property Type Land
Sub Type Residential, Lots/Land
Acreage 8.690
Zoning 50%: MDR / 50%: R-7000

Land | 8.69 acres

Marketing description

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: 6.615 du/ac) and 4.51 acres of Urban Residential (UR: 2.16.5 du/ac), allowing flexibility in product type, lot configuration, and overall yield.

A previously approved Tentative Tract Map (TTM) for 38 single-family R-7000 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.

Key Entitlement & Development Considerations:

CEQA Strategy: Existing technical studies and prior approvals may enable a streamlined environmental pathway (e.g., an addendum or focused update), subject to jurisdictional review.

Re-Entitlement Efficiency: Documented City conditions and prior review cycles provide clarity on agency expectations, reducing iteration risk during resubmittal.

Engineering & Off-Site Improvements: Preliminary grading, drainage, and circulation work already identified; prior conditions outline likely frontage, access, and infrastructure obligations.

Utilities: Prior tract design informs utility alignments and connection points, aiding early-stage capacity and cost assessments.

Density Optimization: MDR designation supports a higher unit yield than the prior 38-lot plan, allowing refinement of lot mix, product type, and affordability integration.

Phasing Flexibility: Parcel configuration and linear frontage create optionality for phased map filings and staged construction.

Investment highlights

8.69-Acre Residential Development Site – Entitlement Leverage with Density Upside

  • 50% zoned for MDR; 50% zoned for R-7000
  • Established Planning & Entitlement Advantages
  • Known Development Standards
  • Utility & Infrastructure Context Identified
  • Streamlined Environmental Pathway
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Listing Contacts

Coldwell Banker Commercial Hartwig Realty
Listed by Coldwell Banker Commercial Hartwig Realty

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