44900 20th St E. Lancaster, CA 93535

Mar 18

$1,050,000 Sales Price

LAND

436,316
Sq Ft

The Rockwell Group of Fred Leeds Asset Group, as the exclusive listing agent is pleased to present the opportunity to acquire 44900 20th St E. in Lancaster, CA 93535.

The 436,316 sf property is approximately 10 Acres of land zoned for Mixed-Use and is situated on three, adjacent parcels on the North East of 20th Street E and Lancaster Blvd with 250' of frontage on Lancaster Blvd and over 930' on 20th Street E.

Designated as MU-N (Mixed Use - Neighborhood), conceptual plans entails 164 residential units spanning 2 to 3 stories at ground level, alongside 10,000 square feet allocated for commercial or retail purposes. Positioned as an infill development, it sits adjacent to Richmond American Homes-Seasons at 20th Street to the north, KB Homes-Sonora to the east, and Discovery School (K-8) within a block to the west, with houses of worship and established commercial establishments in close proximity. The burgeoning aerospace sector has spurred a notable demand for both rental and for-sale housing options in the area.