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$2,400,000
Est. payment /mo
2 Beds
1 Bath
1,148 SqFt
UPDATED:
12/10/2024 08:41 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,148 sqft
Price per Sqft $2,090
MLS Listing ID 24-470685
Bedrooms 2
Year Built 1954
Lot Size 1.071 Acres
Acres 0.1032
Property Description
This prime land parcel is located in Palmdale between Q4 and 10th St E and is fully entitled and approved for a 50-unit apartment building. The property encompasses 9 parcels totaling 1.07 acres (46,635 sq ft total lot) and is situated in a designated opportunity zone. The property is just a few blocks from a new bullet train station that is being developed, enhancing accessibility and future growth potential. The station will be located in the city center, south of the existing Metrolink station. Within a half-mile radius, you'll find City Hall, the 14 Freeway, Sierra Highway (which connects Palmdale and Lancaster), Palmdale Blvd, and Desert Sand Park, making this an ideal location for residents. The site will benefit from three rail services and one freight line, including two for the California High-Speed Rail and one for the Brightline West/High Desert Corridor, which connects Southern California to Las Vegas. The sale includes 9 parcels totaling 1.07 acres, with APNs: 3008-038-011, 3008-038-012, 3008-038-013, 3008-038-015, 3008-038-019, 3008-038-034, 3008-038-035, 3008-038-036, and 3008-038-037. Palmdale High-Speed Rail Station renderings are also included. This is a rare opportunity to invest in a well-located site with significant growth potential. Don't miss out on the chance to be part of Palmdale's future development!
Location
State CA
County Los Angeles
Area Palmdale
Zoning PDC2*
Others
Special Listing Condition Standard
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Listed by Compass
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