12
See all 12 photos
$995,000
Est. payment /mo
4 BA
Active
38717 E 6th street Palmdale, CA 93550
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UPDATED:
02/06/2025 03:55 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250018076
Full Baths 4
HOA Y/N No
Year Built 1951
Property Sub-Type Res Income 2-4 Units
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
Area Palmdale (93550)
Building/Complex Name antelope valley
Interior
Heating Electric
Cooling Wall/Window
Appliance Forced Air Unit
Exterior
Exterior Feature Wood
Fence Other/Remarks
Roof Type Other/Remarks
Building
Story 1
Lot Size Range .5 to 1 AC
Level or Stories 1 Story
Others
Senior Community Other
Acceptable Financing Other/Remarks
Listing Terms Other/Remarks
Virtual Tour https://www.propertypanorama.com/instaview/snd/250018076
Listed by Jason J Lee • JLM Real Estate Inc