The Mogharebi Group | Multifamily Investment Advisory

Property Summary

Price	$1,260,000
Price Per Unit
Rentable SF
Lot Size Acres	5.24

Investment Highlights

Entitled 84 Unit Site, 21 Fourplexes
Strong Multifamily Fundamentals
Strong City Support, Street Access, Utilities to Site
Recent Nearby Development Projects
Commutable to Over 2.83 Million Jobs

Property Description

THE MOGHAREBI GROUP is pleased to present the opportunity to acquire 5.25 acres of developable land in Hesperia, CA. The 84-unit site has received conditional approval. Buyer must complete a list of conditions to move to the construction phase.

Santa Fe Avenue East
Hesperia, CA 92345

The site is located on the east side of Santa Fe Avenue between Sultana Street and Muscatel Street. The city of Hesperia is on board with multifamily housing development and is very business-friendly. The site is situated convenient to several recent retail developments and is commutable to over 2.83 million jobs within a 90-minute drive time.