38313 E 6th Street, Palmdale, CA 93550

Property Description

Turn-Key Development Site – This is a entitled land opportunity for 1.8 acres with approvals in place for a luxury four-story, 50-unit apartment community totaling 78,400 SF. Located on 6th Street East & Palmdale Ave with all utilities at the site, this project is positioned to capture Palmdale’s surging demand for high-quality multifamily housing at a time when new supply remains extremely limited. Having successfully led entitlements, Ware Malcomb is fully prepared to serve as your single-source design-build partner, delivering the entire project from groundbreaking to certificate of occupancy under one roof – ensuring speed, cost certainty, and superior execution. This project is perfect for developers and investors seeking a high-yield, low-risk opportunity with best-in-class design and the ability to bring to market in under 12 months. Prime Location & Future Growth Catalysts Additional 16 units if configured to low income Located in a Qualified Opportunity Zone offering substantial tax advantages Less than ½ mile from the future Palmdale High-Speed Rail Station – planned as a major hub interfacing: California High-Speed Rail (Bakersfield–Palmdale–LA–Anaheim–San Diego) Brightline West / High Desert Corridor (Southern California to Las Vegas bullet train) Major employment growth: Northrop Grumman, Boeing and NASA are aggressively expanding and hiring in the Antelope Valley, driving strong demand for new workforce housing Palmdale continues to attract renters seeking the most affordable, brand-new housing options within commuting distance of Greater Los Angeles