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