$700,000

Residential Development Opportunity | 8.69 Acres | Density Upside for approximately 100 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,… Read More re-entitlement, and potential tract development with a stated maximum yield of up to 133 residential dwelling units, subject to applicable approvals. 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) are designated LRR 36.6 UDP, allowing for up to 36.6 dwelling units per acre under a supportive Lancaster Urban Development Plan. 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 LRR36.6UDP & 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. Read Less

Listing courtesy of Coldwell Banker-A Hartwig Co., Ron Halcrow.

Listing Snapshot

Days Online

157

Last Updated

Sep 27, 2026

Lot Size

8.69 Acres

MLS Number

26003268

Additional Details

Laundry

Laundry Room

Lot

8.69 acres, Topography: Level

Taxes

Parcel Number: 3149-001-049, Zoning: LRR36.6UDP, MDR & UR

Utilities

Water Source: Public, Fire Hydrant

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