24204 Aster Road
About This Property
-Subdividable to Fit Two Homes
-Extensive Public Road Frontage
-No HOA or Deed Restrictions (mobile homes OK)
-Very Buildable: Flat, No Floodplain, Clear
-Just 15 mins from Victorville & Major Shopping
With approximately 660 feet of public road frontage along Aster Road, the property offers excellent accessibility and plenty of frontage for future development. Even better, the property has the potential to be subdivided to accommodate two homes, creating an intriguing opportunity for a buyer looking to build multiple residences or potentially maximize the property's investment value.
The property is flat, clear, and outside the floodplain, and there is no HOA or deed restrictions, giving you considerably more freedom than you'll find with many residential properties in the Victorville area. It's zoned DL-5, under which mobile homes are permitted, subject to applicable county requirements and approvals. That flexibility can make this an especially interesting option for buyers seeking affordable housing or alternative development possibilities.
This location offers a compelling balance: plenty of land and breathing room, while still keeping the amenities of Victorville within easy reach. The combination of 10 acres, extensive road frontage, potential for two homes, favorable DL-5 zoning, and no HOA or deed restrictions creates multiple ways to approach this property. Build a residence. Explore the potential for two homes. Consider a mobile-home-friendly development strategy. Hold the acreage for future appreciation. Or create your own private desert retreat.
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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 8, 2026 | Listed by California LWF INC | $49,900 | |
| Listed by California LWF INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017