Pearsonville, CA 93527 11 Sterling Road
$129,000



0 more
Presented By: Pamela Chyba with California LWF INC; 5613164807
Home Details
GREAT investment opportunity!
28.33 acres, with two dual-panel income producing billboards and commercial cannabis potential. Two hours from Los Angeles.
Enjoy cash flow from the moment of ownership! This property has two dual-panel income producing billboards with long term demonstrated cash flow (approximately 50 years), leases are 15 year and automatically renew (14-years remaining in current lease) with Sun Advertising who manages and maintains the billboards.
The property allows for commercial cannabis cultivation (requires conditional use permit) - for growing up to six acres of plants! Located in an Opportunity Zone for potential tax benefits.
This property is zoned residential so you can build your own home/manufactured home here, or to house someone who will take care of your crops! Utilities won't be a problem - there is an electric pole nearby (approx. 1000 feet) or go solar! Well-water is available or install a refillable tank, septic system needed for this area.
The property is situated along Hwy 14/Hwy 395 - the major corridor connecting Los Angeles to Mammoth Mountain, Lake Tahoe, and Reno. It is located on Sterling Rd. and is only 1/2 mile from conveniences such as a small market and Shell gas station. The rear of the property is bordered by BLM land so you'll never have a neighbor behind you. Ridgecrest/China Lake is located approximately 20 miles away and Lancaster about 1 hour.
If you’ve been waiting for the right opportunity to come along, this is it.
Presented By: Pamela Chyba with California LWF INC; 5613164807
General for 11 Sterling Road
Additional Parcels Y/NNo
CityPearsonville
Community FeaturesUrban
CountyInyo
DirectionsFrom Los Angeles, take Hwy 14 N, merge on to Hwy 395 N. for 7 miles. Turn left onto Pearson Rd. and immediately turn right onto Sterling Rd. Property is located 1/4 mile on left.
HOANo
HOA Fee$
Land Lease Y/NNo
Listing TermsCash, Conventional, FHA, VA Loan
Lot Size Square Feet1234054.8
Lot Size UnitsAcres
New ConstructionNo
Possible UseResidential
PostalCityINYOKERN
Property TypeLand
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
UtilitiesNone, Water Not Available
ViewNone
ZoningR
Exterior for 11 Sterling Road
Lot Features26-30 Units/Acre
Lot Size Acres28.33
Lot Size Area28.33
Lot Size SourceOwner
Road Surface TypePaved
Water SourceNone
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Limor Zamir
Realtor®