0 E Ave Q/170th St E
Palmdale, CA, 93591 $ 950,000
Baths0.0 Monthly Estimate*
$ 6,314
Listed by Castlestone Properties, Inc.
Studio
for $950,000. The lot size is 98.8855.
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. 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.
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FeaturesGeneralZoning LCA12*
HOA 0.0
View Mountains
Community Features Rural Suburban
County Los Angeles
New Construction N
Property Type Land
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Lot is bounded by Ave Q to the south 170th street to the east 165th street to the west and homes to the north.
City Palmdale
View Y/N Y
Senior Community Y/N N
MLS Area PLM - Palmdale
Lot Size Square Feet 4307453.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name E Ave Q/170th St E
Listing Terms Cash OwnerMayCarry
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 90
Standard Status Active
Tax Lot 21
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ExteriorLot Features LotOver40000Sqft
Water Source Public
Lot Size Area 4307453.0
Spa N
Lot Size Acres 98.8855
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
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* Excluded FeaturesList ByCastlestone Properties, Inc.Broker
Affordability Calculator
- Monthly Principal & Interest
- $6,314
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Palmdale, CA
Average List Price $250,371
Percent of Sale Price 74%
About Palmdale, CA 156,667 Population
33% Since 2002
$ 53,003 Median Income
32 Median Age
44% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
1/18/2024 | $950,000 | | Listed Price |