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38543 10Th Street

Palmdale, CA 93550

$2,400,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1954

calendar_month Built

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!

Listing Information

List Price $2,400,000
Status Active
MLS 24470685
HOA $0
Type Commercial
Year Built 1954
Lot Size 46,635
Structure Size N/A
DOM 1
Courtesy Of Compass
Listing Agent Ross Weinstein DRE#02034388

Interior Features

Total Bedroom
Bedrooms N/A

Exterior Information

Maps

home_work Nearby Properties

Image

$2,400,000

king_bed N/A
straighten N/A
straighten 46,635
38543 10Th Street,

Palmdale, CA 93550
Image

$395,000

king_bed 3
shower 2
straighten 860
straighten 12,196
38588 9Th St East,

Palmdale, CA 93550
Image

$860,000

king_bed N/A
straighten N/A
straighten 4,971
38463 9Th Street,

Palmdale, CA 93550
Image

$80,000

king_bed N/A
shower N/A
straighten N/A
straighten 224,334
0 Vac Avenue,

Palmdale, CA 93591
Image

$88,000

king_bed N/A
shower N/A
straighten N/A
straighten 111,862
0 0,

Palmdale, CA 00000

Listing information courtesy of: Ross Weinstein, Compass 310-363-0929. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 10th, 2024 at 10:06 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.