$1,649,000

Estimated payment $8,864/month

Total Views 3,091
1.07 Acres
$1,540,258 Price per Acre
46,635 Sq Ft Lot

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

Omid Tebyani

Keller Williams Realty Calabasas Brokerage Phone: 805-207-6713 License #01941016 Listed on: 08/25/2025

Keller Williams Realty Calabasas

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

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Current Use: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: PDC2*
  • Property Type: Land
  • Parcel Number: 3008038015
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 35.36

Utilities

  • Utilities: Phone Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 3008-038-019, 3008-038-036, 3008-038-035, 3008-038-015, 3008-038-037, 3008-038-013, 3008-038-012, 3008-038-01.
  • Land Lease: No
  • Lot Features: Corner Lot, Level with Street, Irregular Lot
  • Lot Size Sq Ft: 46635.00
  • Lot Size Acres: 1.0706
  • Latitude Manual: 34.58290600

Multi Family

  • Lot Size Area: 46635.0000 Square Feet

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 9105.01
  • Tax Lot: 15
  • TaxOtherAnnualAssessmentAmount: 911.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $235,000 First American Title Co La
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25191097

California Regional Multiple Listing Service (CRMLS)

APN: 3008-038-015