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$1,649,000
Est. payment /mo
1 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250044924SD
HOA Y/N No
Lot Size 1 Sqft
Property Description
Turn-Key Development Site – This is a entitled land opportunity for 1.8 acres with approvals in place for a luxury four-story, 50-unit apartment community totaling 78,400 SF. Located on 6th Street East & Palmdale Ave with all utilities at the site, this project is positioned to capture Palmdale's surging demand for high-quality multifamily housing at a time when new supply remains extremely limited. Having successfully led entitlements, Ware Malcomb is fully prepared to serve as your single-source design-build partner, delivering the entire project from groundbreaking to certificate of occupancy under one roof – ensuring speed, cost certainty, and superior execution. This project is perfect for developers and investors seeking a high-yield, low-risk opportunity with best-in-class design and the ability to bring to market in under 12 months. Prime Location & Future Growth Catalysts Located in a Qualified Opportunity Zone offering substantial tax advantages Less than ½ mile from the future Palmdale High-Speed Rail Station – planned as a major hub interfacing: California High-Speed Rail (Bakersfield–Palmdale–LA–Anaheim–San Diego) Brightline West / High Desert Corridor (Southern California to Las Vegas bullet train) Major employment growth: Northrop Grumman, Boeing and NASA are aggressively expanding and hiring in the Antelope Valley, driving strong demand for new workforce housing Palmdale continues to attract renters seeking the most affordable, brand-new housing options within commuting distance of Greater Los Angeles
Location
State CA
County Los Angeles
Zoning RN-3
Interior
Fireplace No
Exterior
Utilities Available Natural Gas Available
View Y/N No
Present Use Residential,Single Family
Building
Lot Description Level
Others
Senior Community No
Tax ID 3009009012
Acceptable Financing Cash
Listing Terms Cash
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Listed by Stefan Misiraca Sovessa Inc.
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