38543 10th ST E Palmdale, CA 93550
1.07 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25077665
HOA Y/N No
Lot Size 1.071 Acres
Property Description
Prime vacant land offering for ground-up construction of a 50-unit multifamily apartment building. This sale encompasses nine contiguous parcels totaling approximately 46,635 square feet (1.07 acres). The property boasts full entitlement for immediate development. The site is strategically located on the southwest corner of East Avenue Q-4 and 10th Street East (APNs: 3008-038-011, -012, -013, -015, -019, -034, -035, -036, and -037), offering excellent visibility and accessibility. This is a rare chance to capitalize on Palmdale's growing demand for multifamily housing with a Fully Entitled 50 Unit project. Adding to the area's appeal and future growth, Palmdale is a planned stop along California's high-speed rail project, promising enhanced connectivity and economic benefits. Furthermore, recent news indicates significant hiring initiatives at Northrop Grumman in the region, creating a strong demand for new housing options. This presents a compelling opportunity for a developer to meet the increasing residential needs of a growing workforce and a more connected community.
Location
State CA
County Los Angeles
Area Plm - Palmdale
Zoning PDC2*
Interior
Fireplace No
Exterior
Community Features Curbs, Storm Drain(s), Street Lights
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Overhead Utilities
View Y/N No
View None
Present Use Residential
Building
Lot Description Corner Lot, Irregular Lot, Level, Street Level
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 3008038034
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan
Special Listing Condition Standard
Lease Land No
