This 1.832-acre parcel of land offers a rare opportunity for developers and investors, with entitlements in place for the construction of 56 residential units. The approved plans include four 12-plex buildings and one 8-plex building (entitled for 56 units), all featuring spacious 2-bedroom, 2-bathroom units. This project is designed as a Class A property, complete with elevators for added convenience and luxury. This land is grandfathered into old water rights, offering a significant advantage in terms of resource access and cost-efficiency. All essential infrastructure is already complete , including parking, sidewalks and other key utilities, allowing for a streamlined development process. This prime site is ideal for those looking to capitalize on a well-entitled and fully prepared project, making it an excellent choice for a quick and profitable development.