See all 12 photos
12 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$995,000
Est. payment /mo
UPDATED:
02/06/2025 03:57 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250018076SD
HOA Y/N No
Year Built 1951
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.
Location
State CA
County Los Angeles
Building/Complex Name antelope valley
Interior
Heating Electric, Forced Air
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
View Y/N No
Building
Story 1
Entry Level One
Level or Stories One
Others
Tax ID 3008011006
Read Less Info
Listed by Jason Lee • JLM Real Estate Inc