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$ 975,000
Est. payment /mo
Pending
38717 E 6th St Palmdale, CA 93550
6 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID 250023272
Bedrooms 6
Year Built 1951
Property Sub-Type Res Income 2-4 Units
Property Description
This 6-unit property in East Palmdale offers a rare investment opportunity, whether as a high-performing income asset or a redevelopment play. The existing unit mix includes (5) studios and (1) one-bedroom/one-bathroom unit, all of which will be fully occupied with strong rental income. Situated within an Opportunity Zone on a 20,000 SF lot, the property also includes an adjacent 10,000 SF parcel, totaling 30,000 SF of land. The site benefits from Palmdale Transit Area Specific Plan and Urban Core zoning, allowing for high-density development of 50-60 dwelling units per acre—making it ideal for multifamily or mixed-use projects. Its strategic location near the Palmdale Transportation Center ensures strong tenant demand, while Palmdale's affordable entry point compared to other LA markets enhances its appeal as a high-growth investment opportunity.
Location
State CA
County Los Angeles
Zoning PTAS Urban
Interior
Heating Wall/Gravity
Cooling Swamp Cooler(s), Wall/Window
Fireplace No
Exterior
Fence Other/Remarks
View Y/N No
Roof Type Other/Remarks
Building
Story 1
Level or Stories 1
Others
Tax ID 3008-011-007
Special Listing Condition Other/Remarks
Virtual Tour https://www.propertypanorama.com/instaview/snd/250023272
Listed by Jason J Lee Nara Advisors, Inc.