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This land at Tokay in Victorville, CA is listed for $399,000 (0.58 acres).

Key Features

  • 0.58 acre lot
Listing Description

**Rare Multifamily Development Opportunity - Fully Approved 8-Unit Apartment Project!** A rare opportunity for developers and investors to secure a vacant lot with plans and approvals already in place for an 8-unit apartment complex. One of this property's most significant advantages is its unique sewer elevation positioning, reportedly making this the last remaining opportunity in the area to develop a multifamily building of this type.

This distinctive infrastructure advantage makes the property an especially compelling opportunity for those looking to capitalize on limited multifamily development potential. Save valuable time and move closer to construction with plans and drawings already completed and approvals in place, potentially eliminating up to two years of planning and approval work.

The proposed project offers the potential for eight rental units, each projected to command approximately $2,200 per month, representing a combined potential rental income of $17,600 per month at full occupancy. Opportunities to acquire a development site with this level of preparation and potential are increasingly difficult to find.

Whether you're an experienced investor or a developer looking for your next project, this property offers a unique opportunity to move forward with much of the groundwork already completed. **Plans and drawings are available under the Supplements tab.** Contact us today for additional information and take a closer look at this exceptional multifamily development opportunity! Make the sewer claim more preciseClarify approval and construction status

Location

Tokay

Victorville, CA 92395

Questions & Answers

This 0-bedroom, 0-bathroom land at Tokay is listed at $399,000. The estimated monthly payment is $2,134 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.58 acre lot.

This property is listed by BARRY GOODRICH.

BG

BARRY GOODRICH

License 01253387

Agent at Keller Williams Realty Redlands

Listed by Keller Williams Realty Redlands · Broker phone: (909) 793-2100 · Broker website

MLS# IV26222937· Source: California Regional Multiple Listing Service, Inc· 15 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Tokay, Victorville, CA 92395

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