Properties

Palmdale, CA 93591 0 E Ave Q/170th St E

0 E Ave Q/170th St E Palmdale, CA - Image 10 E Ave Q/170th St E Palmdale, CA - Image 20 E Ave Q/170th St E Palmdale, CA - Image 3
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0 E Ave Q/170th St E Palmdale, CA - Image 4
Presented By: Mark Mestepey with Castlestone Properties, Inc.; 818-624-0099
  • MLS# SR24010300
  • 01/18/2024
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Home Details

Exceptional development site in Lake LA, on the popular "Palmdale side" of the area. At just under 100 acres (100 acres gross), this rectangular infill parcel is ripe with opportunity, and is one of the few large, undivided land parcels within the area. Attractive seller financing available. Owner will consider a long-term land loan. The parcel has paved streets on 3 sides, with one of them being 170th St E, which is the main north-south thoroughfare through Lake LA. It has a hard corner at 170th and Ave Q, which is another main street. The north side of the parcel is abutted by an existing housing tract, with 4 feeder streets that can be easily extended onto this property, allowing a developer to "complete" the housing tract to the north of the parcel, which is essentially in an unfinished state at the moment. Potential mobile home park development site. There may even be commercial potential with this property, owing to the frontage on 170th street and the hard corner of 170th/Q. Some or all of the lot may be re-zoned to commercial, and it could make a great location for a gas station or shopping center. Water, electricity, and gas services are all available. There are also nice views of the buttes to the west and mountains to the south. Home values are strong in Lake LA, with existing homes in the area selling in the $400,000+ range, and new homes are likely to sell in the $500,000+ range. This property sold for $1,240,000 in 2008, when home prices in this area were roughly half of what they are currently. Possibilities for a housing developer include subdividing the property to mirror the existing street layout to the north and selling off the individual parcels, building a housing tract of new construction homes and selling them for $500,000+, or even building a tract of ''Build to Rent'' homes with ADU's to double the density. At $9,500 per acre, this property is a great price for a nearly 100 acre infill parcel with main street frontage, and that is nestled within existing housing tracts, as opposed to a raw desert parcel with no street frontage or utilities. Buildable infill parcels of this nature are rarely available, and a large contiguous parcel on the "Palmdale side" of Lake LA presents a tremendous opportunity.
Presented By: Mark Mestepey with Castlestone Properties, Inc.; 818-624-0099

General for 0 E Ave Q/170th St E

Additional Parcels Y/NNo
CityPalmdale
Community FeaturesRural, Suburban
CountyLos Angeles
DirectionsLot is bounded by Ave Q to the south, 170th street to the east, 165th street to the west and homes to the north.
HOANo
HOA Fee$
Land Lease Y/NNo
Listing TermsCash
Lot Size Square Feet4307453
Lot Size UnitsSquare Feet
MLS AreaPLM - Palmdale
New ConstructionNo
PostalCityPALMDALE
Property TypeLand
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot21
ViewMountain(s)
ZoningLCA12*

Exterior for 0 E Ave Q/170th St E

Lot FeaturesLot Over 40000 Sqft
Lot Size Acres98.8855
Lot Size Area4307453
Lot Size SourceAssessor
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,000,000
MLS#SR24010300
List Date 01/18/2024
Property Type Land
Phone 888.795.6274
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