MLS® ID: 818005023IT

Vac/12 Th Ste/Vic Avenue Q5 St

Palmdale, California, 93550

$995,000 Active
  • - SQFT
Proposed 120-unit Apartment Building at Market Rate or Affordable Housing. Property is located in Opportunity Zone (Part of Investing in Opportunity Act). Situated on approximately 87,084 square feet lot zoned R4-50 with 148 feet of frontage on 11th & 12th Street East, the property is within 0.80 miles of the High-Speed Rail. 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.The City of Palmdale has a 50% Density Bonus for Senior Housing Project. Opportunity to get a total 180 units for Senior Housing with Density Bonus.L.A. County set to build its first new freeway in 25 years
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Listing courtesy of Realty Nation


  • Zip
  • Office name
    Realty Nation
  • Property type
    Residential Land
  • Zoning type
  • Lot size
  • Tax year
  • Agent name
    Davit Yeghishyan
  • Tax amount
    $ 0.0
  • Purchase Type
  • Price Range
  • Area
  • Office ID
  • Agent ID


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