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28705741
28705742

38313 6th St E, Palmdale, CA 93550

SM
CA 01381792
Sovessa Commerical Real Estate
Listed by Sovessa Commerical Real Estate
$1,500,000
220 days on market
Updated 36 days ago

50 Unit Entitled Multifamily Land

Details
APN 3009009012
Property Type Land, Multifamily
Sub Type Apartment Building
Square Footage 78,400
Net Rentable (SqFt) 42,602
Units 50
Price per SqFt $19
Broker Co-Op Yes
Class A
Buildings 1
Stories 4
Acreage 1.800
Zoning RN-3

1.8-Acre Parcel with Entitled 50-Unit Luxury Apartment Project

Marketing 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.

Project Highlights

  • 50 modern luxury apartments (500–1,200 SF | studios, 1-bed & 2-bed)

  • Contemporary 4-story design with elevator

  • Resort-caliber amenities including clubhouse/lounge, leasing office, bike storage, gated dog run, community garden, picnic area, children’s playground, and EV charging stations

  • 11,343 SF of landscaped outdoor space

  • 73 parking stalls (1.46 ratio)

  • Walkable to retail + only 4 minutes by car to the existing Palmdale Transportation Center (Metrolink)

  • CEQA-Exempt

Investment highlights

Prime Location & Future Growth Catalysts

  • 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

In one of Southern California’s fastest-growing and best-connected submarkets, this 50-unit luxury project offers investors and developers immediate construction timing, top-tier rents, and powerful built-in growth drivers including high-speed rail connectivity and expanding aerospace employment.

Listing Contacts

SM
CA 01381792
Sovessa Commerical Real Estate
Listed by Sovessa Commerical Real Estate

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Zoning

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RN-3 ResidentialMulti FamilyResidential Neighborhood 3
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Stefan Misiraca
License
01381792
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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