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Palms Inn & Suites 430 W Palmdale Blvd 117 Room Hotel Palmdale, CA 93551 $12,289,743 CAD ($105,041 CAD/Room)
Investment Highlights
- Situated on a 2.47-acre lot along a major commercial corridor, providing excellent visibility and convenient access to public transportation and regio
Executive Summary
The Palms Inn & Suites presents a compelling opportunity for Los Angeles County or mission-driven organizations seeking to expand interim or supportive housing solutions. Strategically positioned along a major commercial corridor with convenient access to public transportation, essential services, and regional employment centers, the property is well-suited for adaptive reuse under programs such as Project Homekey. The existing layout, including 117 guest units, on-site management space, and parking for 120 vehicles, allows for efficient conversion to transitional or permanent supportive housing with minimal reconfiguration. Newly installed solar fully paid for. Located within the growing Antelope Valley region, the site offers a lower-density alternative to urban core placements while still maintaining accessibility to county resources. With continued public investment in homelessness solutions, the Palms Inn & Suites stands as a strong candidate for acquisition, repositioning, and long-term community impact.
Property Facts
| Price | $12,289,743 CAD | Building Size | 47,127 SF |
| Price Per Room | $105,041 CAD | No. Rooms | 117 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1986/2022 |
| Property Subtype | Hotel | Parking Ratio | 1.04/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 2.47 AC | ||
| Zoning | PDCPD* - Planned Development - Community Plan District | ||
| Price | $12,289,743 CAD |
| Price Per Room | $105,041 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.47 AC |
| Building Size | 47,127 SF |
| No. Rooms | 117 |
| No. Stories | 3 |
| Year Built/Renovated | 1986/2022 |
| Parking Ratio | 1.04/1,000 SF |
| Corridor | Exterior |
| Zoning | PDCPD* - Planned Development - Community Plan District |
Amenities
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Hot Tub
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 117 | $103.57 CAD | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 3004-002-014 | Improvements Assessment | $4,738,135 CAD |
| Land Assessment | $246,591 CAD | Total Assessment | $4,984,726 CAD |
Property Taxes
Parcel Number
3004-002-014
Land Assessment
$246,591 CAD
Improvements Assessment
$4,738,135 CAD
Total Assessment
$4,984,726 CAD
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Presented by
Savient Financial, Inc.
Palms Inn & Suites | 430 W Palmdale Blvd
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