For Sale

Listed by Max Lee

Source: Combined LA Westside Multiple Listing Service, Inc #26719065

Avenue K8, Lancaster, CA, 93536

$200,000

358412 sq. ft.

Land

30+ days on the market

What's around Avenue K8

About this property

358,412 Sq. Ft. of LOT. Prime Residential Development Opportunity in Quartz Hill / Lancaster. Exceptional opportunity to acquire a corner development parcel located at the SE corner of 60th St W & Ave K-8 in the highly desirable Quartz Hill area of Lancaster. Positioned within a rapidly expanding residential corridor surrounded by communities developed by national builders such as Richmond American and KB Homes, this site offers strong potential for residential subdivision development. Based on zoning and surrounding development patterns, the property presents the potential to accommodate approximately 20 to 40 single-family homes (buyer to verify with City of Lancaster/Quartz Hill), making it an attractive opportunity for builders seeking scalable entry into the Antelope Valley market. The site benefits from proximity to existing infrastructure, utilities, schools, parks, and retail amenities, along with convenient access to State Highway 14, providing connectivity to Los Angeles and surrounding employment centers. Strong housing demand, combined with relative affordability compared to Los Angeles, continues to drive growth in the Lancaster submarket. Ideal for builders, developers, and investors seeking a high-upside land opportunity in a proven growth corridor. Buyer to verify all zoning, subdivision potential, utilities, and development requirements. SE Corner of 60th St W & Ave K-8 | Lancaster, CA INVESTMENT HIGHLIGHTS Corner parcel in Quartz Hill growth corridor Surrounded by national homebuilders Estimated 20 to 40 lot subdivision potential (buyer to verify) Strong demand for affordable housing alternative to LA Close to infrastructure, utilities, and established communitiesIdeal for build-for-sale or build-to-rent strategy DEVELOPMENT SUMMARY Zoning: (verify with city) Estimated Yield: 20 to 40 SFR lots Product Type: Single-family homes + potential ADU Development Type: Subdivision / tract development LOCATION ADVANTAGE Quartz Hill (high-demand submarket) Close to schools, parks, shopping Easy access to CA-14 Freeway Strong commuter base to Los Angeles INVESTMENT STRATEGY Phase 1: Land acquisitionPhase 2: Entitlement / subdivisionPhase 3: Vertical construction or lot resale POSITIONING "Builder-scale opportunity with subdivision potential in one of Lancaster's most active residential growth corridors." 3. HIGH-CONVERSION SUBJECT: 20 to 40 LOT SUBDIVISION OPPORTUNITY QUARTZ HILL, LANCASTER. Sharing a development opportunity in the Quartz Hill area of Lancaster: SE Corner of 60th St W & Ave K-8 Estimated potential for 20 to 40 single-family lots (buyer to verify) Surrounded by active communities from Richmond American & KB Homes This site is positioned within a strong residential growth corridor with continued demand driven by affordability and proximity to Los Angeles via CA-14. Ideal for builders looking for a scalable subdivision project in the Antelope Valley. SELL BY "PRICE PER LOT" Developers, buy future lots Step 1: Estimate Exit Value Example: Home price: $500K to $650K per home. 30 homes = $15M to $19M sellout Step 2: Builder Margin Rule: 20 to 25% margin Step 3: Land Value Rule Land = typically 15% to 25% of total project value That means: $15M project land $2.2M to $3.5M range

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