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Listed by Omid Tebyani • Keller Williams Realty Calabasas
$1,799,000
Est. payment /mo
1.07 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25077665
Lot Size 1.071 Acres
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
FULLY ENTITLED 50-Unit Multifamily Land Development Opportunity in Palmdale! Prime vacant land offering for ground-up construction of a 50-unit multifamily apartment building. This sale encompasses nine contiguous parcels totaling approximately 46,635 square feet (1.07 acres). The property boasts full entitlement for immediate development. The site is strategically located on the southwest corner of East Avenue Q-4 and 10th Street East (APNs: 3008-038-011, -012, -013, -015, -019, -034, -035, -036, and -037), offering excellent visibility and accessibility. This is a rare chance to capitalize on Palmdale's growing demand for multifamily housing with a Fully Entitled 50 Unit project. Adding to the area's appeal and future growth, Palmdale is a planned stop along California's high-speed rail project, promising enhanced connectivity and economic benefits. Plans are for a total of 3 rail services and 1 freight. Two will be for the California Highs-peed Railway and 1 for the Brightline West/High Desert Corridor which will also be interfacing there (The Socal to Las Vegas Bullet train). The station is less than ½ mile from the future building.Furthermore, recent news indicates significant hiring initiatives at Northrop Grumman in the region, creating a strong demand for new housing opti
Location
State CA
County Los Angeles
Area Plm - Palmdale
Zoning PRKG,LWS,LSI,LL,UO
Exterior
Utilities Available Electricity - On Site, Telephone - Not On Site
View None
Building
Lot Description Irregular, Grade - Level
Water District - Public
Others
Tax ID 3008038034
Special Listing Condition Not Applicable
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