Palmdale Land Opportunity
For Sale
$995,000
12th Ste Vic Avenue Q5 Ste, Palmdale, CA 93550
Land, Palmdale, CA
Property SizeContact for details
Lot Size1.99 Acres
Days on Market539
Property Features for 12th Ste Vic Avenue Q5 Ste
General Information
Property type
Land
Property subtype
Other
Zoning
RN4
Directions
North of Palmdale Blvd to 11th or 12th St. Property runs street to street (11th St. E to 12th St. E.) just south of Ave Q5.
Subdivision
09 - Palm Div to 80th E
Standard status
Active
APN
3015-004-038
Lot size
1.99 Acres
Utilities
Water source
Public
Listing Agency:
JohnHart Real Estate
(818) 246-1099
Listed By:
Karen Jenkins · License #01215096
(661) 400-7009
Added: Mar 19, 2025
Changed: Sep 4
Last Checked: Sep 8 at 11:06PM
MLS# 25002093
Copyright © 2026 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This centrally located property, situated in the Palmdale Opportunity Zone, features the highest density zoning in the City of Palmdale. Spanning just under 2 acres, the property extends across both 11th and 12th Streets East, providing exceptional access. Existing plans outline a 5-story apartment complex with 120 units, incorporating a proposed mix of 20 1-bedroom units, 80 2-bedroom units, and 20 3-bedroom units. The plans also include a gym, spa, onsite property management office, and 2 community rooms. Parking provisions consist of an above-grade garage and a subterranean level. The property's location offers proximity to public transportation, shopping, banks, the Palmdale Playhouse, City Hall, and the Palmdale Library. This property presents an opportunity for portfolio growth and addresses the need for housing in the Antelope Valley.
Key Highlights
- Highest density zoning in Palmdale for significant development.
- Approved plans for a 120‑unit apartment complex with a mix of 1, 2, and 3‑bedroom units.
- Located in a Palmdale Opportunity Zone, offering potential tax benefits.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,192
Businesses Nearby
Explore this area
Business Placement
Demographics for 93550, CA
82,379
Population
23,965
Households
3.4
Avg Household Size
31
Median Age
10%
College-Educated
71%
High-School Grad
259.3 sq mi
ZIP Area
318
Density / Sq Mi
$63,811
Median Household Income
$34,287
Median Earnings
$1,573
Median Rent
$378,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Centrally located land in Palmdale Opportunity Zone.
Where is this land located?
The property is located at 12th Ste Vic Avenue Q5 Ste Palmdale, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Highest density zoning in Palmdale for significant development.; Approved plans for a 120‑unit apartment complex with a mix of 1, 2, and 3‑bedroom units.; Located in a Palmdale Opportunity Zone, offering potential tax benefits.
