38717 E 6th street Pending

Palmdale,CA 93550

$ 975000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 250023272SD

HOA Y/N No

Year Built 1951

Property Description

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.

Location

State CA

County Los Angeles

Building/Complex Name other

Zoning PTAS Urban

Interior

Heating See Remarks

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 3008011007

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