Address
0 11th Street East & Avenue Q5 Palmdale, CA
Price
$ 600,000
Property Attributes
  • MLS#SR21096362
  • TypeLand
  • CountyLOS ANGELES
  • CityPalmdale
  • AreaPalmdale
  • Zip93550
  • Style
  • Price$ 600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.99 Acres
Listing Provided Courtesy Of:
Karapet Boyadjian with NextGen Residential.
Data Source:
CRMLS
Property Description

Proposed 120-unit Apartment Building at Market Rate. Property is located in Opportunity Zone. Situated on approximately 87,084 square feet lot zoned R4-50 with 148 feet of frontage on 11th & 12th Street East. The current plans are for a five-story structure consisting of five levels of apartments over above-grade garage & one level of subterranean garage. All units have private patios or balconies. The property consists of twenty 1-bedroom, eighty 2-bedroom, and twenty 3-bedroom units. The project is proposed for 120 total units at market rent. The property features a gym, spa, onsite management office and 2 community rooms. Property is located close to City Hall and major streets. Current owner has Survey, Soils Report & Lot Merger.

Price History
5/6/2021 Listed $600,000

General Features

Community Features Street Lights, Urban
Electric Unknown
Listing Agent Karapet Boyadjian - BRE#01351914
Listing Agent State License 01351914
MLS Area PLM - Palmdale
Property Type Land
Sewer Public Sewer
Special Listing Conditions Standard
Status Active
Terms Cash, 1031 Exchange
Utilities Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
View None
Zoning R4

Exterior Features

Lot Features Lot Over 40000 Sqft
Lot Size Acres 1.99
Lot Size Area 86663
Lot Size Source Assessor
Lot Size Square Feet 86663
Lot Size Units Square Feet
Road Frontage Type City Street
Road Surface Type Paved
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 93550

Price
AVG $540K
$600K
Visits
AVG 73
3
Walkscore
AVG 33
53
Data Provided by Walkscore ® not using MLS data

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