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11th St E
Palmdale, CA 93550

$1,200,000 USD

Land For Sale  •  1.99 AC

Property Details

  • Property Type Land
  • Lot Size 1.99 AC
  • Zoning RN 4
0 Transit Score
65 Walk Score

Description

REO Property! Strategic, central location within Palmdale’s highest density zoning, RN 4, allowing 30-50 DU/AC. This site is also located within an *“Opportunity Zone" where favorable tax benefits are available for investors! Good level property with access from both 11th and 12th Street East and situated less than 1/4 mile north of Palmdale Blvd.. In 2017, preliminary drawings were prepared for a 5-story, 120 unit, market rent project featuring a gym, spa, onsite management office and 2 community rooms. That proposed unit mix consisted of 20-1 bedroom, 80-2 bedroom and 20-3 bedroom apartments.

Highlights

Located in an Opportunity Zone
2017 preliminary drawings for a market rent 120 unit development
Property runs Street to Street offering flexible design options

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Palmdale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink)) 3 min - 1.5 mi
Vincent Grade/Acton (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink)) 12 min - 7.2 mi
Harvey Holloway 661-609-8173 Coldwell Banker Commercial Valley Realty
Harvey Holloway 661-609-8173 Coldwell Banker Commercial Valley Realty