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West Avenue N
Palmdale, CA 93551
Asking Price
$825K
Asset Type
Residential Land
Class
Class B
What's Special
Buy & Hold or build custom homes! <p><strong style="color: rgba(0, 0, 0, 1)">Rare opportunity to purchase two contiguous parcels totaling 85.92 acres in Leona Valley, surrounded by custom homes and open hillside views. The offering includes a 6.18-acre parcel with approximately 150 feet of frontage on Northside Drive, zoned LCA11* (Residential Vacant Land), and an adjoining 79.74-acre parcel extending into the hills, zoned LCA22* (Desert/Barren Land). Both parcels are required to be sold together as one transaction. Ideal for la
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NOI
$80,000
Cap Rate
9.70%
DSCR
1.63
Strong
Cash-on-Cash
12.53%
Monthly Payment
$4,081.65
Annual Cash Flow
$31,020.202
