Skip to main content

Millman Team Real Estate

$8,900,000
2.44 Acre Lot

430 W Palmdale, Palmdale, California 93551

  • Commercial Sale Property Type
  • 1986 Year Built
Property Description

The Palms Inn & Suites presents a compelling opportunity for Los Angeles County or mission-driven organizations seeking to expand interim or supportive housing solutions. Strategically positioned along a major commercial corridor with convenient access to public transportation, essential services, and regional employment centers, the property is well-suited for adaptive reuse under programs such as Project Homekey. The existing layout, including 117 guest units, on-site management space, and parking for 120 vehicles, allows for efficient conversion to transitional or permanent supportive housing with minimal reconfiguration. Newly installed solar fully paid for. Located within the growing Antelope Valley region, the site offers a lower-density alternative to urban core placements while still maintaining accessibility to county resources. With continued public investment in homelessness solutions, the Palms Inn & Suites stands as a strong candidate for acquisition, repositioning, and long-term community impact.

Basic Details
Commercial Sale
For Sale
OC26069946
$8,900,000
1986
2.44 Acre
Active
Hotel/Motel
: Tile, Flat
Features
: Wall Furnace
: Wall/Window Unit(s)
: Block, Chain Link, Good Condition
: Inside, Washer Hookup, Gas Dryer Hookup, Laundry Room, Electric Dryer Hookup, Common Area
: Electricity Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Sewer Available, Water Available, Phone Available, Underground Utilities, Cable Connected
$0
Appliances
: Dryer, Washer
Address Map
CA
Los Angeles
Palmdale
93551
Palmdale
430
W119° 51' 46.1''
N34° 34' 55.4''
Use Waze or Google Maps
PLM - Palmdale
W
Commercial C2
Additional Information
$0
$0
$0
$0
$0
31725
Bed & Breakfast, Hotel/Motel, Hospitality
220 Volts For Spa
1
: 36-40 Units/Acre, Paved, Walkstreet, Lot Over 40000 Sqft, Level, Near Public Transit, Over 40 Units/Acre
117
2026-04-01
9400000
3
: Public
Broker/Agent Information
Savient Financial, Inc.
Darrell Burns
Financial
85000.0
Listing Information
SBURNDAR
J02037
Cash, Cash to New Loan
Active
2026-06-02T17:28:20Z
CRMLS
: Standard
2026-04-01T11:21:22Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us