$2,400,000
For Sale

38543 10th Street

Palmdale, CA 93550
Listing OfficeCompass
Browse 14 photos
Type:Purchase
Structure:Land
Zone:Residential

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!

  • Property Details
      • Lot DescriptionValueInLand
      • CountyLos Angeles
      • Original List Price$2,400,000
      • Property TypePurchase
      • MLS #24471151
      • MLS #24471151
      • Cost2400000
      • Acres1.0706
      • Property SubtypeLand

Location

Esther NixReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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