38717 E 6th St Palmdale, CA 93550
Listing Courtesy of: CRMLS / Nara Advisors, Inc. / Jason Lee

  38717 E 6th St Palmdale, CA 93550

Sold (30 Days)
$925,000 (USD)

Description

This 6-unit property in East Palmdale offers a rare investment opportunity, whether as a high-performing income asset or a redevelopment play. The existing unit mix includes (5) studios and (1) one-bedroom/one-bathroom unit, all of which will be fully occupied with strong rental income. Situated within an Opportunity Zone on a 20,000 SF lot, the property also includes an adjacent 10,000 SF parcel, totaling 30,000 SF of land. The site benefits from Palmdale Transit Area Specific Plan and Urban Core zoning, allowing for high-density development of 50-60 dwelling units per acre—making it ideal for multifamily or mixed-use projects. Its strategic location near the Palmdale Transportation Center ensures strong tenant demand, while Palmdale’s affordable entry point compared to other LA markets enhances its appeal as a high-growth investment opportunity.

MLS #:
250023272SD
Type
Multifamily
Year Built
1951
County
Los Angeles County

Listed By

Jason Lee, Nara Advisors, Inc.
Bought with
Greg Roberts, DRE #01376549 CA, Coldwell Banker Realty
Source
CRMLS
Last checked Oct 11 2025 at 5:59 AM GMT+0000
Bathroom Details
Heating and Cooling
  • See Remarks
  • Wall/Window Unit(s)
Stories
  • 1
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.