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E 11th-12th Street, Palmdale, CA 93550

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For Sale
Foreclosure

$1,200,000

Estimated Payment

$      /mo. †

APR for 30 years

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REO Property! Strategic, central location within Palmdale's highest density zoning, RN 4, allowing 30-50 DU/AC. This site is also located within an *Opportunity Zone'' where favorable tax benefits are available for investors! Good level property with access from both 11th and 12th Street East and situated less than 1/4 mile north of Palmdale Blvd. In 2017, preliminary drawings were prepared for a 5-story, 120 unit, market rent project featuring a gym, spa, onsite management office and 2 community rooms. That proposed unit mix consisted of 20-1 bedroom, 80-2 bedroom and 20-3 bedroom apartments.
MLS# 24003924

Courtesy Of CBC/Valley Realty

(661) 948-2644

Property Features

  • Amenities
    Dock
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Directions to E 11th-12th Street, Palmdale, CA 93550

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† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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