Property Description
We are pleased to present a rare opportunity to acquire the Taylor Apartments development RTI land spanning two parcels, fully approved for the construction of a 70-unit multifamily community in the rapidly growing High Desert submarket of Hesperia, California. Strategically located within a Medium Density Residential (MDR) zone, the project is designed to meet the growing demand for large-format, family-oriented rental housing. The approved site plan features 14 new structures totaling 92,984 square feet, including eight (8) eightplex buildings, three (3) duplexes, two (2) garage structures with 22 enclosed bays, and a recreational building. All 70 units are three-bedroom, two-bath layouts with 64 units at 1,000 square feet and six (6) larger units at 1,294 square feet. The plan includes 160 on-site parking spaces, steel carports, and 48,120 square feet of landscaped open space. With flat topography, existing utility access, and street frontage along C Avenue, the property offers immediate development viability with reduced execution risk. Silverwood Master-Planned Community Just minutes from the project site, the Silverwood Master-Planned Community is set to deliver a transformative impact on the region. Spanning 9,366 acres, Silverwood will feature 15,663 new homes, 700,000 square feet of commercial/retail space, and nearly 4,900 acres of parks and open space. Backed by nationally recognized developers including DMB Development, Lennar, KB Home, Woodside Homes, and Pulte Homes, Silverwood represents over $7 billion in total investment, with $1.6 billion allocated toward critical infrastructure upgrades such as road expansions (including Ranchero Road), water/sewer improvements, and regional utility enhancements. These improvements will dramatically enhance connectivity, livability, and services in the immediate area. Amazon Middle Mile Facility. In addition, Amazon's recent $162 million investment in Hesperia for the development of a 2.5 million-square-foot logistics facility just minutes from the site marks a major catalyst for regional job growth and economic expansion. The project is expected to create over thousands of full-time jobs and employ up to 1,000 construction workers during buildout, positioning Hesperia as a rising logistics and employment hub in the Inland Empire. As Amazon's first West Coast Middle Mile facility, the development is set to drive significant demand for housing, retail, and workforce rentals, while also boosting land values, attracting additional commercial investment, and enhancing the long-term appeal of the High Desert for multifamily development. Conclusion As thousands of new households migrate to Hesperia over the coming years, Taylor Apartments stands to directly benefit from the heightened demand for quality rental housing particularly among renters not yet ready for homeownership. The project's entitlement status, family-sized unit mix, and proximity to a generational master-planned community position it as a compelling opportunity for developers or investors seeking value creation, long-term yield, and strong market fundamentals in one of Southern California's fastest-growing corridors.
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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
-$4,302
TurboHome Estimated Value
$356,600
$371 sqft
High Valuation
$374,430
$390/sqft
Normal Valuation
$356,600
$371/sqft
Low Valuation
$338,770
$353/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $371/sqft | $356,600 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood
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Comparative Value
$355K
$1.00M
16545 Sage St, Hesperia, CA 92345
Sale Price: $355,000
Selected Comparable
8561 C Ave, Hesperia, CA 92345
List Price: $1,000,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT8561 C Ave, Hesperia, CA 92345
List: $1,000,000
Listed: 8/7/2025
Area:960 sqft
Price/sqft:$1,042
Beds:1
Baths:1
Year Built:—
Lot Size:108,900
Comparable Properties
COMPARABLEChoose comps
16545 Sage St, Hesperia, CA 92345
Sale: $355,000
5/28/2025 • 0.42 mi
Area:1,189 sqft
Price/sqft:$299
Beds:2
Baths:1
Year Built:—
Weight:100.0%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
8561 C Ave, Hesperia, CA 92345 | $1,000,000 | 960 | $1,042 | 108,900 | — | 8/7/2025 | 1 | 1 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
16545 Sage St, Hesperia, CA 92345 | $355,000 | 1,189 | $299 | 19,000 | 0.42 mi | 5/28/2025 | 2 | 1 | — | 100.0% |
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