For Sale
$374,500

0 30Th StPalmdale, CA 93550

5.16-Acre RN2 Zoned Lot, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 5.16-acre parcel, APN 3019-003-007, presents a remarkable opportunity for residential development in Palmdale, California. Located on Avenue R4 / 30th Street E, this property is zoned Residential Neighborhood 2 (RN2), allowing for the construction of 10-20 units per acre. Ideal for a variety of multi-unit residential projects, including townhouses, condominiums, or apartments, this site offers significant potential for high returns. The property boasts 224,770 square feet and is part of the Palmdale Colony Lands. Utilities, including power and water, are conveniently located at the street, minimizing infrastructure costs. Its prime location offers easy access to local amenities, services, and major transportation routes, making it an attractive location for future residents. The asking price is $374,500, representing a land value of $72,577.52 per acre. This infill location within a growing community ensures strong demand for residential housing. The property's accessibility makes it suitable for projects aiming for a quick turnaround. This is a rare opportunity to acquire a well-situated parcel in a thriving area, poised for significant residential growth. The property's zoning and location combine to create a compelling investment prospect.

Highlights

  • RN2 zoning allows 10-20 units per acre, perfect for multifamily development.
  • 10.32 acres total, comprised of two 5.16-acre parcels, available individually or together.
  • Street access to power and water minimizes infrastructure costs.
  • Excellent Palmdale location on 30th Street East, near amenities and transportation.
  • Infill site offering versatile residential development options.
  • High demand location in a rapidly growing residential area.

Property Details for 0 30Th St

Property type
Land, Apartment buildings
Square Feet
224,770 SF
Lot Size (sq. ft)
224,770 SF

Location Insight

City
Palmdale
County
Los Angeles
State
California
Latitude
34.56758320727
Longitude
-118.07625172807
30Th St, Palmdale, California

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0 30Th St
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