11th St Multi-Family Site
REO Property! Strategic, central location within Palmdale’s highest density zoning, RN 4, allowing 30-50 DU/AC. This site is also located within an *“Opportunity Zone" where favorable tax benefits are available for investors! Good level property with access from both 11th and 12th Street East and situated less than 1/4 mile north of Palmdale Blvd. In 2017, preliminary drawings were prepared for a 5-story, 120 unit, market rent project featuring a gym, spa, onsite management office and 2 community rooms. That proposed unit mix consisted of 20-1 bedroom, 80-2 bedroom and 20-3 bedroom apartments.
| Property Type | Land -Multi-Family Acreage |
|---|---|
| Lot Dimensions | 148' x 587' |
| Zoning | RN 4 |
| Listing ID | 7HJH96 |
| MLS ID | XHH-831J |
| Style | Not Applicable |
| Lot Size | 1.99 AC |
Property Highlights
*Opportunity Zone: Palmdale’s designated census tract zones lets businesses invest for valuable tax benefits. Investments made by individuals through special funds in these zones defer or eliminate federal
Area DescriptionArea Description: The property is located in between 11th St & 12th St East near Avenue Q-4 in Palmdale, CA
Region: Antelope Valley
Region: Southern California
Region: United States
Region: East Palmdale
Region: North America