38543 10Th Street, Palmdale, CA 93550

Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Photo 7 Photo 8 Photo 9 Photo 10 Photo 11 Photo 12 Photo 13 Photo 14 Photo 15 Photo 16 Photo 17 Photo 18 Photo 19 Photo 20 Photo 21 Photo 22 Photo 23 Photo 24 Photo 25 Photo 26 Photo 27 Photo 28 Photo 29 Photo 30 Photo 31 Photo 32 Photo 33 Photo 34 Photo 35 Photo 36 Photo 37 Photo 38 Photo 39 Photo 40

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!


Interior Features

Bedroom Information
Bedrooms N/A

Listing Information

Address 38543 10Th Street
City Palmdale
State CA
Zip 93550
County Los Angeles
Listing Agent Ross Weinstein DRE #02034388
Courtesy Of Compass
List Price $2,400,000
Status Active
Type Commercial
Structure Size N/A
Lot Size 46,635
Year Built 1954

Listing information courtesy of: Ross Weinstein, Compass. *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.