38717 E 6Th Street

Description

This 6-unit property in East Palmdale presents a prime value-add or redevelopment opportunity. Unit Mix of (5) studios and (1) 1 bedroom/ 1 bathroom. The existing building sits in an Opportunity zone on a 20,000 SF lot, and the sale includes an adjacent 10,000 SF parcel, totaling 30,000 SF. With Palmdale Transit Area Specific Plan and Urban Core zoning, the site allows for high-density development of 50-60 dwelling units per acre, making it ideal for multifamily or mixed-use projects. Additionally, the property’s proximity to the Palmdale Transportation Center ensures strong tenant demand, and it's affordable entry point compared to other LA markets makes it a rare and strategic investment opportunity.

Listing information courtesy of: Jason Lee, JLM Real Estate Inc 619-891-0403. *Based on information from the Association of REALTORS/Multiple Listing as of 02/12/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.