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.
Property Details
Price:
$1,799,000
MLS #:
SR25077665
Status:
Active
Baths:
0
Address:
38543 E 10th Street 3008038034
Type:
Land
Neighborhood:
plmpalmdale
City:
Palmdale
Listed Date:
Apr 11, 2025
State:
CA
ZIP:
93550
Lot Size:
46,635 sqft / 1.07 acres (approx)
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Schools
Interior
Exterior
Community Features
Curbs, Storm Drains, Street Lights
Lot Features
Corner Lot, Level with Street, Irregular Lot, Level, Utilities – Overhead
Sewer
Public Sewer
View
None
Water Source
Public
Financial
Association Fee
0.00
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Map
Community
- Address38543 E 10th Street 3008038034 Palmdale CA
- AreaPLM – Palmdale
- CityPalmdale
- CountyLos Angeles
- Zip Code93550
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38543 E 10th Street 3008038034
Palmdale, CA
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