15580 1st Street

Description

Large Residential Lot, 10.4 Acres (APN: 0478-061-07) GPS: 34.539294, -117.300481 This lot is located in Victorville, CA. Victorville is located at the southwestern edge of the Mojave Desert, 81 miles northeast of Los Angeles, 148 miles north of San Diego and 188 miles southwest of Las Vegas. The city has zoned the property as Single Family Residential (R-1). This zoning district is intended to protect established neighborhoods of single-family dwellings and to provide space for suitable locations for additional developments of this kind, with appropriate community facilities. The city allows up to five dwelling units per gross residential acre (7,200 sq ft lots). Utilities are in the street ready for your use. Victorville, CA is an attractive option for property buyers for many reasons, including its designation as a CDFI Opportunity Zone, which offers unique tax benefits. Located in the High Desert region of San Bernardino County, Victorville has a prime location along Interstate 15, making it a convenient hub for commuters to cities like Los Angeles and Las Vegas. The city's affordable housing market and growing economy"bolstered by new developments, shopping centers, and local businesses"make it appealing for both first-time buyers and investors. The CDFI Opportunity Zone designation adds an extra incentive by providing significant tax benefits, such as deferring or reducing capital gains taxes, making Victorville a smart choice for long-term investment. Buyers can not only benefit from tax savings but also contribute to the revitalization of underserved areas, which can boost property values over time. The development of the Brightline high-speed train, connecting Southern California to Las Vegas, is set to be a major boost for the area. With a planned station in the Victor Valley, this modern transportation link will drastically reduce travel time between the two destinations, making it a convenient choice for both commuters and tourists. The train is expected to bring increased economic activity to the area, attract new businesses, and raise property values. While the boundary lines on the map offer a glimpse, they are only approximate. A Buyer should verify boundaries, zoning and utilities, ensuring every aspect aligns with their vision for the property.