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Property 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. 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.

Features
: Forced air, electric
: Wall/window Unit(s)
1
0
Additional Information
JLM Real Estate Inc
0
SAND-683906
SAND-991580
Jason
3008011006
One
32

Multi-Family For Sale

38717 6th street, Palmdale, California 93550

$995,000
Listing ID #250018076SD
Basic Details
Status : Active
DaysOnMarket : 2
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 250018076SD
Price : $995,000
Year Built : 1951
Country : US
State : California
County : Los Angeles
City : Palmdale
Zipcode : 93550
ModificationTimestamp : 2025-02-06 07:56:41
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