21940 Neuralia RD
California City, CA 93505
0.22 acres | #SR25056563
Description
Premium Multi-Family Development Opportunity California City, California
Property Details
Parcel Number: 213-263-04
Location: California City, CA
Lot Size: 0.22 acres
Zoning: RM-1 (Multiple Family
Residential District - High Density)
Utilities: Active electrical and water
hookups on site
Development Specifications
Minimum Living Space per Unit: 850 sq
ft
Minimum Lot Area Required: 4,356 sq ft
Minimum Lot Width: 60 feet
Minimum Lot Length: 100 feet
Maximum Lot Coverage: 50% of total
land area
Zoning Benefits
Approved for multi-family residential
development
Located in high-density residential
district
Ideal for apartment or townhome
development
Multiple unit potential (subject to
minimum unit size requirements)
Excellent opportunity for residential
investment
Existing utility infrastructure reduces
development costs
California City Growth Projections
(2025-2035)
1. Population Growth: Projected 15.3%
increase over the next decade, driving
housing demand in the region
2. Property Value Appreciation:
Expected annual appreciation rate of
5.8% for multi-family properties,
outpacing state average
3. Infrastructure Development: $180
million planned investment in city
infrastructure improvements, including
roads and utilities
4. Employment Growth: Anticipated
12% increase in local job market, with
major employers expanding operations
5. Rental Market: Projected 25%
increase in rental rates over the next
decade due to growing housing
demand
Investment Highlights
Strategic location in growing
community
Zoned for immediate multi-family
development
Strong rental market potential
Excellent property value appreciation
forecast
Development-ready with clear zoning
guidelines
Existing utility connections reduce
development timeline and costs
Development Potential
Based on current zoning regulations
and lot specifications, this property
presents an excellent opportunity for
multi-family residential multi-family residential development.
The RM-1 zoning allows for multiple
units while maintaining quality living
standards through minimum unit size
requirements. With existing utility
connections, the property offers
immediate development potential with
reduced infrastructure costs.
Property Features
Ready-to-develop land with utility
connections
High-density residential zoning already
in place
Compliant with all RM-1 district
requirements
Established neighborhood location
Property Details
- Lot DescriptionBackYard, DesertBack, DesertFront, FrontYard, RectangularLot, ValueInLand, Yard
- Utility FeaturesElectricityAvailable, WaterAvailable, SewerNotAvailable, WaterNotAvailable
- MLS #SR25056563
- MLS #SR25056563
- Property TypePurchase
- Original List Price$26,500
- ViewDesert
- Cost19500
- Acres0.22
- CountyKern
- Property SubtypeLand
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Denzel Jennings (#SR150561373)
Listing Office: Keller Williams Realty Antelope Valley (#FF7000628)
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