21940 Neuralia RD new

California City,CA 93505

$ 26500

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25056563

HOA Y/N No

Lot Size 9,583 Sqft

Property 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

Location

State CA

County Kern

Area Cac - California City

Zoning RM1/RM2

Interior

Fireplace No

Exterior

Community Features Biking

Utilities Available Electricity Available,Water Available,Sewer Not Available,Water Not Available

View Y/N Yes

View Desert

Building

Lot Description Back Yard,Desert Back,Desert Front,Front Yard,Rectangular Lot,Value In Land,Yard

Sewer None

Water None

New Construction No

Others

Senior Community No

Tax ID 21326304001

Acceptable Financing Cash,Conventional,1031 Exchange

Listing Terms Cash,Conventional,1031 Exchange

Special Listing Condition Standard

View More
Favorite Go Tour