$1,000,000

Estimated payment $5,628/month

Total Views 95
2.5 Acres
$400,000 Price per Acre
108,900 Sq Ft Lot

About This Lot

We are pleased to present a rare opportunity to acquire the Taylor Apartments development RTI land spanning two parcels, fully approved for the construction of a 70-unit multifamily community in the rapidly growing High Desert submarket of Hesperia, California. Strategically located within a Medium Density Residential (MDR) zone, the project is designed to meet the growing demand for large-format, family-oriented rental housing. The approved site plan features 14 new structures totaling 92,984 square feet, including eight (8) eightplex buildings, three (3) duplexes, two (2) garage structures with 22 enclosed bays, and a recreational building. All 70 units are three-bedroom, two-bath layouts with 64 units at 1,000 square feet and six (6) larger units at 1,294 square feet. The plan includes 160 on-site parking spaces, steel carports, and 48,120 square feet of landscaped open space. With flat topography, existing utility access, and street frontage along C Avenue, the property offers immediate development viability with reduced execution risk. Silverwood Master-Planned Community Just minutes from the project site, the Silverwood Master-Planned Community is set to deliver a transformative impact on the region. Spanning 9,366 acres, Silverwood will feature 15,663 new homes, 700,000 square feet of commercial/retail space, and nearly 4,900 acres of parks and open space. Backed by nationally recognized developers including DMB Development, Lennar, KB Home, Woodside Homes, and Pulte Homes, Silverwood represents over $7 billion in total investment, with $1.6 billion allocated toward critical infrastructure upgrades such as road expansions (including Ranchero Road), water/sewer improvements, and regional utility enhancements. These improvements will dramatically enhance connectivity, livability, and services in the immediate area. Amazon Middle Mile Facility. In addition, Amazon's recent $162 million investment in Hesperia for the development of a 2.5 million-square-foot logistics facility just minutes from the site marks a major catalyst for regional job growth and economic expansion. The project is expected to create over thousands of full-time jobs and employ up to 1,000 construction workers during buildout, positioning Hesperia as a rising logistics and employment hub in the Inland Empire. As Amazon's first West Coast Middle Mile facility, the development is set to drive significant demand for housing, retail, and workforce rentals, while also boosting land values, attracting additional commercial investment, and enhancing the long-term appeal of the High Desert for multifamily development. Conclusion As thousands of new households migrate to Hesperia over the coming years, Taylor Apartments stands to directly benefit from the heightened demand for quality rental housing particularly among renters not yet ready for homeownership. The project's entitlement status, family-sized unit mix, and proximity to a generational master-planned community position it as a compelling opportunity for developers or investors seeking value creation, long-term yield, and strong market fundamentals in one of Southern California's fastest-growing corridors.

Listing Agent

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 08/07/2025

Co-Listing Agent

Glen Scher

Marcus & Millichap License #01962976

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,830

Lot Details

  • 2.5 Acre Lot
  • Property is zoned MDR

Listing and Financial Details

  • Assessor Parcel Number 0410-242-03-0000

Property Details

Property Type

Land

Est. Annual Taxes

$1,830

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 2.5000
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per S Q F T: 1041.67

Exterior Features

  • View: No

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 0410-242-03-0000
  • Lot Size Area: 108900

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,830 $161,750 $61,353 $100,397
2024 $1,830 $158,578 $60,150 $98,428
2023 $1,810 $155,469 $58,971 $96,498
2022 $1,769 $152,421 $57,815 $94,606
2021 $1,737 $149,432 $56,681 $92,751
2020 $1,717 $147,900 $56,100 $91,800
2019 $1,546 $131,325 $64,731 $66,594
2018 $1,815 $153,130 $95,789 $57,341
2017 $1,784 $150,128 $93,911 $56,217
2016 $1,746 $147,185 $92,070 $55,115
2015 $1,724 $144,974 $90,687 $54,287
2014 $1,701 $142,135 $88,911 $53,224
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 For Sale $1,000,000 0.0% --
05/14/2024 05/14/24 Rented $1,300 -7.1% --
05/06/2024 05/06/24 Under Contract -- -- --
04/12/2024 04/12/24 For Rent $1,400 0.0% --
02/21/2019 02/21/19 Sold $145,000 -25.6% $151 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $195,000 -- $203 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $145,000 Equity Title
Gift Deed -- First American Title Ins Co
Source: Public Records

Source: The MLS

MLS Number: 25575547

The MLS

APN: 0410-242-03