38547 10th St E Palmdale, CA 93550
East Palmdale NeighborhoodEstimated payment $8,745/month
Highlights
- 1.07 Acre Lot
- Corner Lot
- No HOA
About This Lot
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 1/2 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.
Listing Agent
Keller Williams Realty Calabasas Brokerage Phone: 805-207-6713 License #01941016 Listed on: 08/25/2025
Co-Listing Agent
Phillip Terry
Keller Williams Realty Calabasas Brokerage Phone: 805-207-6713 License #01996545
Property Details
Property Type
- Land
Lot Details
- 1.07 Acre Lot
- Corner Lot
- Level Lot
- Irregular Lot
- 3008-038-019, 3008-038-036, 3008-038-035, 3008-038-015, 3008-038-037, 3008-038-013, 3008-038-012, 3008-038-01.
- Property is zoned PDC2*
Utilities
- Phone Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 15 / 2
- Assessor Parcel Number 3008038015
- $911 per year additional tax assessments
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,005 | $179,885 | $23,209 | $156,676 |
| 2024 | $3,005 | $176,358 | $22,754 | $153,604 |
| 2023 | $2,975 | $172,901 | $22,308 | $150,593 |
| 2022 | $2,865 | $169,512 | $21,871 | $147,641 |
| 2021 | $2,801 | $166,190 | $21,443 | $144,747 |
| 2019 | $2,726 | $161,262 | $20,808 | $140,454 |
| 2018 | $2,685 | $158,100 | $20,400 | $137,700 |
| 2016 | $1,719 | $74,480 | $39,619 | $34,861 |
| 2015 | $1,703 | $73,362 | $39,024 | $34,338 |
| 2014 | $1,698 | $71,926 | $38,260 | $33,666 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/25/2025 08/25/25 | For Sale | $1,649,000 | +601.7% | -- | |
| 10/11/2016 10/11/16 | Sold | $235,000 | +56.7% | $292 / Sq Ft | View Prior Sale |
| 09/20/2016 09/20/16 | Pending | -- | -- | -- | |
| 03/21/2016 03/21/16 | For Sale | $150,000 | -- | $187 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $235,000 | First American Title Co La | |
| Interfamily Deed Transfer | -- | None Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25191097
APN: 3008-038-015
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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