Apple Valley Multifamily Development
For Sale
$189,500
15750 Olalee Rd, Apple Valley, CA 92307
Prime multi-family development opportunity in a growing community.
Property SizeContact for details
Lot Size0.74 Acres
Days on Market151
Property Features for 15750 Olalee Rd
General Information
Standard status
Active
Lot size
0.74 Acres
Property subtype
Land
Listing Agency:
Scott Vu
(714) 454-5114
Listed By:
Scott Vu · License #01844487
(714) 454-5114
Source:
Elliman
Added: Apr 1
Changed: Aug 8
Last Checked: Aug 28 at 3:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Scott Vu
Investment Insights
Based on property information with market context.
This approximately 32,000 square foot (nearly three-quarter acre) unimproved parcel, identified as APN: 0473-113-09-0000, presents a multi-family development opportunity in Apple Valley. Zoned Multi-Family Residential (R-M), the property allows for up to 20 dwelling units per net acre, making it suitable for apartment development. Essential utilities, including water, sewer, and power, are available at the site. The location is near St. Mary Medical Center and surrounded by established medical offices. Residents will find everyday retail and dining options such as Target, Walmart, Albertsons, Starbucks, and Tom's Family Restaurant nearby. The property is located less than five minutes from California State Route 18 (Happy Trails Highway), providing regional connectivity. Apple Valley is expected to play a key role in regional transportation with the upcoming Brightline West, which will connect Los Angeles to Las Vegas. Construction is anticipated to begin in 2025, with operations projected by 2028; the project is expected to bring approximately 10,000 jobs and economic growth to the area.
Key Highlights
- Prime multi‑family development opportunity in a growing market.
- Zoned for up to 20 dwelling units per net acre, ideal for apartment development.
- Utilities (water, sewer, and power) are available at the site.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,206
Businesses Nearby
Explore this area
Business Placement
Demographics for 92307, CA
41,649
Population
13,832
Households
3
Avg Household Size
37
Median Age
22%
College-Educated
88%
High-School Grad
187.5 sq mi
ZIP Area
222
Density / Sq Mi
$74,715
Median Household Income
$39,014
Median Earnings
$1,379
Median Rent
$396,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Prime multi-family development opportunity in a growing community.
Where is this residential land & home lot located?
The property is located at 15750 Olalee Rd Apple Valley, CA.
What is the asking price?
The asking price for this property is $189,500.
What are key features of this property?
This property features: Prime multi‑family development opportunity in a growing market.; Zoned for up to 20 dwelling units per net acre, ideal for apartment development.; Utilities (water, sewer, and power) are available at the site.
