Avenue I And 15th St E, Lancaster, CA 93535
Local realty services provided by:CENTURY 21 Doug Anderson
Avenue I And 15th St E,Lancaster, CA 93535
$700,000
- 8.69 Acres
- Lots / Land
- Active
Listed by: ron halcrow
Office: coldwell banker-a hartwig co.
MLS#:26003268
Source:GAVAR
Price summary
- Price:$700,000
About this home
Residential Development Opportunity | 8.69 Acres | Density Upside for approximately 90 residential units
Four contiguous, multi-residential-zoned parcels totaling 8.69 acres, with frontage along 15th Street East, Avenue I, and Kettering Street in Lancaster, California, are offered at a discounted bundled price. The property presents a compelling opportunity for residential development, re-entitlement, and potential tract development with a stated maximum yield of up to 92 residential dwelling units.
The overall site benefits from a split General Plan designation that provides flexibility in product type, lot configuration, and overall development yield. Approximately 1.92 acres (Assessor Parcel Numbers: 3147-001-049 & 3147-001-050) and an additional 2.26 acres (Assessor Parcel Number: 3147-001-044) are designated Medium Density Residential (MDR), permitting up to 15 dwelling units per acre, while approximately 4.51 acres (Assessor Parcel Number: 3147-001-043) are designated Urban Residential (UR), allowing for up to 6.5 dwelling units per acre.
This is a strategic opportunity for builders, developers, and investors seeking residential land with multiple density designations, frontage, and upside potential.
Note: Although it has expired, a previously approved Tentative Tract Map (TTM) for 38 R-7000 single-family lots, originally approved in 2005, establishes a strong entitlement baseline. After it expired, the City upgraded the front 6.5 acres to higher densities, including a zoning change from UR to MDR. The TTM still provides significant carry-forward value, including prior engineering studies, site planning, and a detailed record of municipal conditions of approval. 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....
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Home facts
- Listing ID #:26003268
- Added:190 day(s) ago
- Updated:October 31, 2026 at 12:44 PM
Structure and exterior
- Lot area:8.69 Acres
Utilities
- Water:Fire Hydrant, Public
Finances and disclosures
- Price:$700,000
Features and amenities
- Laundry features:Laundry Room
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