38313 E 6th St Unit 0 , Palmdale, CA 93550
$1,200,000
Est. Payment: $6,408.84/mo
0 Bed
0 Bath
0 Sqft
Status: ACTIVE | Days on site: 273
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990664 - 663587
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House Description

Turn-Key Development Site – This is a entitled land opportunity for 1.8 acres with approvals in place for a luxury four-story, 50-unit apartment community totaling 78,400 SF. Located on 6th Street East & Palmdale Ave with all utilities at the site, this project is positioned to capture Palmdale’s surging demand for high-quality multifamily housing at a time when new supply remains extremely limited. Having successfully led entitlements, Ware Malcomb is fully prepared to serve as your single-source design-build partner, delivering the entire project from groundbreaking to certificate of occupancy under one roof – ensuring speed, cost certainty, and superior execution. This project is perfect for developers and investors seeking a high-yield, low-risk opportunity with best-in-class design and the ability to bring to market in under 12 months. Prime Location & Future Growth Catalysts Additional 16 units if configured to low income Located in a Qualified Opportunity Zone offering substantial tax advantages Less than ½ mile from the future Palmdale High-Speed Rail Station – planned as a major hub interfacing: California High-Speed Rail (Bakersfield–Palmdale–LA–Anaheim–San Diego) Brightline West / High Desert Corridor (Southern California to Las Vegas bullet train) Major employment growth: Northrop Grumman, Boeing and NASA are aggressively expanding and hiring in the Antelope Valley, driving strong demand for new workforce housing Palmdale continues to attract renters seeking the most affordable, brand-new housing options within commuting distance of Greater Los Angeles

Highlights

Listed by Stefan N Misiraca , 619-592-2655 Sovessa Inc. , 619-592-2655. San Diego County Multiple Listing Service mls logo

Property Type

Vacant Land

Lot/Acreage
1.8

County

Los Angeles

Neighborhood

Unknown (999)

Listing ID

250044924

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Available

Exterior Features

Zoning:RN-3
Principal Interest
$6,409
Taxes
$765

Home Price

$1,200,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$240,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,408.84

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,408.84 $765.00 $0.00 $7,173.84
Yearly $76,906.08 $9,180.00 $0.00 $86,086.08
Total $2,307,182.36 $275,400.00 $0.00 $2,582,582.36

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Palmdale, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-23T05:30:00.000Z

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