This 6-unit property in East Palmdale offers a rare investment opportunity, whether as a high-performing income asset or a redevelopment play. The existing unit mix includes (5) studios and (1) one-bedroom/one-bathroom unit, all of which will be fully occupied with strong rental income. Situated within an Opportunity Zone on a 20,000 SF lot, the property also includes an adjacent 10,000 SF parcel, totaling 30,000 SF of land. The site benefits from Palmdale Transit Area Specific Plan and Urban Core zoning, allowing for high-density development of 50-60 dwelling units per acre"”making it ideal for multifamily or mixed-use projects. Its strategic location near the Palmdale Transportation Center ensures strong tenant demand, while Palmdale's affordable entry point compared to other LA markets enhances its appeal as a high-growth investment opportunity.
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DAYS ON MARKET
|
4
|
LAST UPDATED
|
4/2/2025
|
|
TRACT
|
Antelope Valley
|
YEAR BUILT
|
1951
|
|
COUNTY
|
Los Angeles
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STATUS
|
Active
|
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PROPERTY TYPE(S)
|
Multi Family
|
|
|
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| LOT |
0 |
| LOT DIMENSIONS |
.5 to 1 AC |
| STORIES |
1 |
| SUBDIVISION |
Antelope Valley |
| ZONING |
PTAS Urban |
Listed with JLM Real Estate Inc
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Properties on this website was last updated as recently as 4/6/25 5:09 AM PDT.
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