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$ 975,000
Est. payment /mo
Pending
38717 E 6th street Palmdale, CA 93550
UPDATED:
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
Listed by Jason Lee • JLM Real Estate Inc