For Sale
$2,400,000

38543 10Th St Palmdale, CA 93550

Prime 1.07-acre land, 50-unit potential

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 46,635 sq ft land parcel in Palmdale, CA (93550), presents a unique redevelopment opportunity. Zoned PDC2, it's fully entitled and approved for a 50-unit multifamily development. Located at 38543 10th St E, this 1.07-acre site (9 parcels: APNs 3008-038-011, 012, 013, 015, 019, 034, 035, 036, 037) is situated in an opportunity zone and boasts exceptional accessibility. Its proximity to the upcoming high-speed rail station, the 14 Freeway, Sierra Highway, Palmdale Blvd, and City Hall ensures high visibility and convenient access for future residents. The area also offers nearby amenities such as Desert Sand Park. Three rail services and one freight line will serve the site, including two for the California High-Speed Rail and one for the Brightline West/High Desert Corridor. This presents a rare chance to capitalize on Palmdale's significant growth potential. Renderings of the Palmdale High-Speed Rail Station are available. Asking price: $2,400,000.

Highlights

  • Fully entitled 50-unit multifamily development on a 1.07-acre parcel.
  • Located in Palmdale, CA (93550) at 38543 10th St E.
  • 46,635 sq ft lot, zoned PDC2, encompassing nine parcels.
  • Situated in an Opportunity Zone with excellent access to the 14 Freeway, Sierra Highway, Palmdale Blvd, and City Hall.
  • Proximity to the upcoming high-speed rail station and nearby amenities.
  • Asking price: $2,400,000.

Property Details for 38543 10Th St

Property type
Land

Location Insight

City
Palmdale
County
Los Angeles
State
California
Latitude
34.5827973
Longitude
-118.1122123

FAQs

What type of property is this?
Land - Prime 1.07-acre land, 50-unit potential
Where is the land located?
The property is located at 38543 10Th St Palmdale, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Fully entitled 50-unit multifamily development on a 1.07-acre parcel.; Located in Palmdale, CA (93550) at 38543 10th St E.; 46,635 sq ft lot, zoned PDC2, encompassing nine parcels.
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38543 10Th St
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