38543 10th Street E, Palmdale, CA 93550

  • $1,699,000
38543 10th Street E
CommercialSale Active
38543 10th Street E, Palmdale, CA 93550
38543 10th Street E
  • $1,699,000

Overview

Property ID: HZSR25079395
  • MultiFamily
  • Property Type
  • 1954
  • Year Built

Description

FULLY ENTITLED 50-Unit Multifamily Land Development Opportunity in Palmdale! Prime vacant land offering for ground-up construction of a 50-unit multifamily apartment building. This sale encompasses nine contiguous parcels totaling approximately 46,635 square feet (1.07 acres). The property boasts full entitlement for immediate development. The site is strategically located on the southwest corner of East Avenue Q-4 and 10th Street East (APNs: 3008-038-011, -012, -013, -015, -019, -034, -035, -036, and -037), offering excellent visibility and accessibility. This is a rare chance to capitalize on Palmdale’s growing demand for multifamily housing with a Fully Entitled 50 Unit project. Adding to the area’s appeal and future growth, Palmdale is a planned stop along California’s high-speed rail project, promising enhanced connectivity and economic benefits. Plans are for a total of 3 rail services and 1 freight. Two will be for the California Highs-peed Railway and 1 for the Brightline West/High Desert Corridor which will also be interfacing there (The Socal to Las Vegas Bullet train). The station is less than ½ mile from the future building.Furthermore, recent news indicates significant hiring initiatives at Northrop Grumman in the region, creating a strong demand for new housing options. This presents a compelling opportunity for a developer to meet the increasing residential needs of a growing workforce and a more connected community. Property is located in an opportunity zone prominently.

  • Address 10th
  • City Palmdale
  • State/county Los Angeles
  • Zip/Postal Code 93550

Details

Updated on July 4, 2025 at 12:08 am
  • Property ID: HZSR25079395
  • Price: $1,699,000
  • Land Area: 1.0706 SquareFeet
  • Year Built: 1954
  • Property Type: MultiFamily
  • Property Status: CommercialSale
  • Listed by: Omid Tebyani
  • DRE #: 01941016
  • Contact Phone: 805-218-9178
  • Contact Mail: omid@omidtebyani.com
  • Brokered by: Keller Williams Realty Calabasas

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