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$151,000
Est. payment /mo
1.06 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-22839
HOA Y/N No
Lot Size 1.060 Acres
Property Description
High-Density Development Opportunity in the Heart of Palmdale!This flat and buildable 1.0605-acre lot (46,197 sq ft) is zoned R3, offering an exceptional opportunity to develop 20-30 multi-family units (Buyer to verify with City). Whether you're an experienced builder or a first-time developer, this property delivers the size, zoning, and location to make a high-return project a reality.Prime LocationLocated in a fully developed neighborhood near Palmdale Blvd, this site is just minutes from schools, parks, shopping centers, and retail amenities. Utilities are nearby, and access is convenient for future residents.Endless PossibilitiesMulti-family apartments (20-30 units possible)Townhome or condo communityLive-work development with a mix of residential and potential commercial spaces (if permitted)For those with a different vision, you could still design a large private estate with space for a custom home, pool, guest house, RV garage, and more.Offer InstructionsPlease send all offers to jph@theborgesrealestateteam.com and borgesteam.clientcare@gmail.com.Include:Proof of Funds (POF)Pre-Approval LetterResidential Purchase Agreement (RPA)Buyer to verify all zoning, density, and development options during the due diligence period. Renderings are conceptual only and based on buyer's independent confirmation with the City.Land Use Regulations https://www.codepublishing.com/CA/Palmdale/#!/Palmdale17/Palmdale1735.html%2317.35Single Family Developmenthttps://www.codepublishing.com/CA/Palmdale/#!/Palmdale17/Palmdale1736.html%2317.36Multifamily Developmenthttps://www.codepublishing.com/CA/Palmdale/#!/Palmdale17/Palmdale1736.html%2317.36Please refer to the uses allowed Section 17.35.020 for the RN3 zone. The property is not within an overlay zone.
Location
State CA
County Los Angeles
Area Plm - Palmdale
Zoning R3
Interior
Fireplace No
Exterior
Fence None
Community Features Street Lights, Urban
View Y/N No
View None
Building
Lot Description Lot Over 40000 Sqft, Sprinklers None
Water Public
Others
Senior Community No
Tax ID 3018021020
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Jason Hamilton eXp Realty of Greater Los Angeles (614) 288-0534
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