38717 E 6th street, Palmdale, CA 93550 (MLS # 250023272SD)

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PRICE $975,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE n/a
LOT SIZE n/a
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This 6-unit property in East Palmdale offers a rare investment opportunity, whether as a high-performing income asset or a redevelopment play. The existing unit mix includes (5) studios and (1) one-bedroom/one-bathroom unit, all of which will be fully occupied with strong rental income. Situated within an Opportunity Zone on a 20,000 SF lot, the property also includes an adjacent 10,000 SF parcel, totaling 30,000 SF of land. The site benefits from Palmdale Transit Area Specific Plan and Urban Core zoning, allowing for high-density development of 50-60 dwelling units per acre—making it ideal for multifamily or mixed-use projects. Its strategic location near the Palmdale Transportation Center ensures strong tenant demand, while Palmdale’s affordable entry point compared to other LA markets enhances its appeal as a high-growth investment opportunity.

DAYS ON MARKET 2 LAST UPDATED 4/2/2025
YEAR BUILT 1951 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
HEAT See Remarks
HOA DUES 0
STORIES 1
ZONING PTAS Urban
MORTGAGE CALCULATOR
   

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Listed with JLM Real Estate Inc

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