Prime development opportunity in Palmdale! This expansive 4.85-acre parcel at 308 E Avenue R8 features an existing 2-bedroom, 2-bathroom rental home and comes with approved permits to build up to 15 additional residential units. Zoned LCRA7000*, the property offers flexibility for multi-family or residential income development. Located adjacent to Division Avenue, the site boasts excellent visibility and access, with utilities available and septic in place. Whether you're an investor or developer, this property presents a rare chance to capitalize on a growing market in a high-demand area.