15
$1,699,000
1.07 Acre Lot

38543 10th Street E, Palmdale, California 93550

map-entry
  • Commercial Sale Property Type
  • 1954 Year Built
Property Description

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.

Basic Details
Commercial Sale
For Sale
SR25079395
$1,699,000
1954
1.07 Acre
Active
Multi Family
Features
: None
: Cable Available, Electricity Available, Sewer Available, Water Available, Natural Gas Available, Phone Available, Underground Utilities
$0
Address Map
CA
Los Angeles
Palmdale
93550
10th
38543
Street
Head East on E Palmdale Blvd at the 14 FWY, to 10th St E, make left (heading North). lots are between E Ave Q5 and Q4 of left.
PLM - Palmdale
E
Additional Information
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$0
$0
$0
97043
1
: Irregular Lot, Level, Near Public Transit
2025-04-11
1799000
3
: Public
Broker/Agent Information
Keller Williams Realty Calabasas
Omid Tebyani
Listing Information
Phillip Terry
SR207063080
F3510002
Keller Williams Realty Calabasas
SR207060583
F3510002
Cash,Cash to Existing Loan,Cash to New Loan
Active
2025-07-03T22:51:29Z
CRMLS
: Standard
2025-04-11T07:38:55Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069