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.
Sewer: Public Sewer
Water Source: Public
Lot Features: Corner Lot,Level with Street,Irregular Lot,Level,Utilities - Overhead
Current Use: Residential
Road Frontage: City Street
Road Surface: Paved
Parcel Identification Number: 3008038034
Zoning: PDC2*
MLSAreaMajor: PLM - Palmdale
Distance To Water: 10'
Street Address: 38543 10th Street
City: Palmdale
State: California
Postal Code: 93550
County: Los Angeles
MLS Number: SR25077665
Courtesy of Keller Williams Realty Calabasas
City: Palmdale
State: California
Postal Code: 93550
County: Los Angeles
MLS Number: SR25077665
Courtesy of Keller Williams Realty Calabasas
Courtesy of RedRock