7
Map
0 E Avenue
About This Property
Welcome to a rare and exceptional opportunity to own 5.71 acres of R3-zoned land in the heart of Hesperia, located at the southeast corner of Sultana Street and E Avenue.
This flat, rectangular parcel offers endless potential for high-density residential development, including apartments, townhomes, or a senior housing community. With direct street frontage on both E Ave and Sultana St, easy access to utilities, and proximity to schools, parks, and retail centers, this site is ideally positioned for both growth and community impact.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2026 | Listed by Graceland Investment, Inc. | $450,000 | |
| Listed by Graceland Investment, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017