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E Avenue Q7 & 2nd St E - Development Opportunity - 22 Units (OZ) 0.45 Acres of Commercial Land Offered at $697,600 CAD in Palmdale, CA 93550
INVESTMENT HIGHLIGHTS
- Preliminary Plans for 22-unit apartment building - type VB construction
- Unit mix consisting of 12 one-bedroom and 10 two-bedroom
- Approx. 16,300 SF of residential space + 780 SF of commercial space
- Opportunity Zone - Three adjacent lots totaling 19,750 SF
- Two-Story residential over ground-level parking
- 32 Parking Spaces to meet residential and commercial parking requirements
EXECUTIVE SUMMARY
Multifamily Development Opportunity – East Avenue Q-7 & 2nd Street East, Palmdale
Located in Opportunity Zone, The Ghobadi Investment Team is presenting a rare opportunity to acquire three adjacent lots totaling approximately 19,750 square feet in a rapidly growing area of Palmdale. Preliminary plans have been prepared for a 22-unit apartment project featuring a well-designed three-story structure with Type VB construction.
22 Apartment Units: A thoughtful unit mix consisting of 12 one-bedroom and 10 two-bedroom residences
Two-Story Residential Over Ground-Level Parking: Maximizing land use while maintaining aesthetic appeal
Approx. 16,300 SF of Residential Space + 780 SF of Commercial Space
32 Parking Spaces to meet residential and commercial parking requirements
Well-suited for a builder or investor looking to capitalize on strong rental demand in the Antelope Valley
This site is ideally positioned near schools, parks, shopping, and public transportation—making it an attractive proposition for future tenants and an excellent opportunity for long-term hold or resale post-entitlement.
Contact us today for additional information, preliminary plans, or to schedule a site visit.
Located in Opportunity Zone, The Ghobadi Investment Team is presenting a rare opportunity to acquire three adjacent lots totaling approximately 19,750 square feet in a rapidly growing area of Palmdale. Preliminary plans have been prepared for a 22-unit apartment project featuring a well-designed three-story structure with Type VB construction.
22 Apartment Units: A thoughtful unit mix consisting of 12 one-bedroom and 10 two-bedroom residences
Two-Story Residential Over Ground-Level Parking: Maximizing land use while maintaining aesthetic appeal
Approx. 16,300 SF of Residential Space + 780 SF of Commercial Space
32 Parking Spaces to meet residential and commercial parking requirements
Well-suited for a builder or investor looking to capitalize on strong rental demand in the Antelope Valley
This site is ideally positioned near schools, parks, shopping, and public transportation—making it an attractive proposition for future tenants and an excellent opportunity for long-term hold or resale post-entitlement.
Contact us today for additional information, preliminary plans, or to schedule a site visit.
PROPERTY FACTS
| Price | $697,600 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.45 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | LCR3 - LCR3 - Opportunity Zone | ||
| Price | $697,600 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.45 AC |
| Opportunity Zone |
Yes |
| Zoning | LCR3 - LCR3 - Opportunity Zone |
1 LOT AVAILABLE
Lot 3
| Price | $697,600 CAD | Lot Size | 0.45 AC |
| Price Per AC | $1,538,604.07 CAD |
| Price | $697,600 CAD |
| Price Per AC | $1,538,604.07 CAD |
| Lot Size | 0.45 AC |
Three adjacent lots at East Avenue Q-7 and 2nd Street East totaling 19,750 square feet.
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $45,789 CAD | Total Assessment | $45,789 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$45,789 CAD
Improvements Assessment
$0 CAD
Total Assessment
$45,789 CAD
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E Avenue Q7 & 2nd St E - Development Opportunity - 22 Units (OZ)
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