Description
This 6-unit property in east palmdale presents a prime value-add or redevelopment opportunity. unit mix of (5) studios and (1) 1 bedroom/ 1 bathroom. the existing building sits in an opportunity zone on a 20,000 sf lot, and the sale includes an adjacent 10,000 sf parcel, totaling 30,000 sf. with palmdale transit area specific plan and urban core zoning, the site allows for high-density development of 50-60 dwelling units per acre, making it ideal for multifamily or mixed-use projects. the completely vacant status offers immediate flexibility—a new investor can bring rents to market right away or move forward with redevelopment. additionally, the property’s proximity to the palmdale transportation center ensures strong tenant demand, and it's affordable entry point compared to other la markets makes it a rare and strategic investment opportunity.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48511557
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Electric,Forced Air
- Has Heating
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Exterior Features
Building Information
- Year Built: 1951
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Source: Public Records
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Listing Information
Listing Price Information
- Original List Price: 995,000
- Listing Contract Date: 2025-02-04
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 3008011006
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood:
- Directions: CrossStreet: Sierra Hwy and 6th street east
- Source Property Type: Residential Income
Building and Construction
- Property Age: 74
- Year Built Source: Vendor Enhanced
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 02/22/2025 @ 15:56
- MLS: 250018076SD
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Palmdale , in zip code 93550, this Los Angeles County Home are nearby neighborhoods.