38717 E 6Th Street

Palmdale, CA 93550

$995,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1951

calendar_month Built

Property Description

This 6-unit property in East Palmdale presents a prime value-add or redevelopment opportunity. Unit Mix of (5) studios and (1) 1 bedroom/ 1 bathroom. The existing building sits in an Opportunity zone on a 20,000 SF lot, and the sale includes an adjacent 10,000 SF parcel, totaling 30,000 SF. With Palmdale Transit Area Specific Plan and Urban Core zoning, the site allows for high-density development of 50-60 dwelling units per acre, making it ideal for multifamily or mixed-use projects. Additionally, the property’s proximity to the Palmdale Transportation Center ensures strong tenant demand, and it's affordable entry point compared to other LA markets makes it a rare and strategic investment opportunity.

Listing Information

List Price $995,000
Status Active
MLS 250018076SD
HOA $0
Type Residential Income
Year Built 1951
Lot Size N/A
Structure Size N/A
DOM 2
Courtesy Of JLM Real Estate Inc
Listing Agent Jason Lee DRE#02068011
Co-Listing Agent Tyler Brand DRE#02214185

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type Wall/Window Unit(s)
Heating Type
Heating Type Electric, Forced Air

Maps

home_work Nearby Properties

Listing information courtesy of: Jason Lee, Tyler Brand, JLM Real Estate Inc 619-891-0403. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 6th, 2025 at 3:57 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.