Avenue Q3 Palmdale, CA 93550
- Land
- 0.97 lot acres
Current Use by Public Records
- Land
Property Details for 0 Avenue Q3
- Lot size
- 0.97 lot acres
- Property type
- Land
Description
This exceptional 0.97-acre residential land parcel presents a unique investment opportunity in Palmdale, California. Located at 0 Ave. Q3 x 10th St. East, this property boasts a prime location within Los Angeles County, zip code 93550. The land is zoned for mixed-use development, specifically designated as Front: Specific Plan Urban Center T5 and Back RN4. This zoning allows for significant development potential, including apartments, mid-rise buildings, and townhomes. The RN-3 designation permits a density of 20-30 units per acre, potentially yielding up to 240 units on a five-story building. The property consists of two parcels, APN 3015006100 and APN 3015006036, which are being sold together as a bundle for a total asking price of $799,000. Individual parcel pricing is $329,480 and $469,520 respectively. This offering is further enhanced by its location within a designated Opportunity Zone and eligibility for California's Density Bonus program. Interested parties should contact the Economic Development Department at 661.267.5221 for zoning verification. This is a rare chance to acquire a substantial land holding with significant development potential in a rapidly growing area. Offers should be submitted separately for each parcel.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palmdale
- County
- Los Angeles
- State
- California
- Longitude
- -118.111
- Latitude
- 34.5851
