Avenue I And 15th St E,Lancaster, CA 93535
Lancaster, CA 93535
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. * 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.
Details
| MLS # | 26003268 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Days On Site | 134 |
| Listing Provided By | Coldwell Banker-A Hartwig Co. | Ron Halcrow |
Features
| Acreage | 8.69 |
|---|
Interior
| Laundry Features | Laundry Room |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Lancaster |
| Zip Code | 93535 |
| Area | Los Angeles |
| Listing VS Median (in 93535) | |
Price: $700,000 low | high Med: $349,500 On site: 134 low | high Med: 33.5 | |
Market Activity 93535
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Lancaster |
| Zip Code | 93535 |
| Area | Los Angeles |
| Listing VS Median (in 93535) | |
Price: $700,000 low | high Med: $349,500 On site: 134 low | high Med: 33.5 | |
