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E Ave Q/170th St E

Palmdale, CA 93591

$950,000

Listed Price
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bed Beds

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shower Baths

N/A sqft

straighten $9,606 / sqft

calendar_month Built

Property Description

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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address E Ave Q/170th St E
City Palmdale
State CA
Zip 93591
County Los Angeles
Listing Agent Mark Mestepey DRE#01991537
Courtesy Of Castlestone Properties, Inc.
MLS 24000478
List Price $950,000
Status Active
Type Lots and Land
Structure Size N/A
Lot Size 4,307,453
DOM 91

Exterior Information

Maps

home_work Nearby Properties

Image

$65,000

king_bed N/A
shower N/A
straighten N/A
straighten 30,155
39143 169th St E,

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Image

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king_bed N/A
shower N/A
straighten N/A
straighten 111,352
98 VAC/COR AVE P12/113 STE ALPINE BUTTE,

Outside Area (Inside Ca), CA 93591
Image

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king_bed N/A
shower N/A
straighten N/A
straighten 97,651
0 Vac/Ave Q Pav /Vic 165 Ste,

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Image

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king_bed N/A
shower N/A
straighten N/A
straighten 108,900
Cor Avenue Q4 173 Ste,

Palmdale, CA 93591
Image

$10,000

king_bed N/A
shower N/A
straighten N/A
straighten 112,442
0 145 N 5 ST EAST AVENUE,

Palmdale, CA 93591

Listing information courtesy of: Mark Mestepey, Castlestone Properties, Inc. (818) 624-0099. *Based on information from the Association of REALTORS/Multiple Listing as of Apr 17th, 2024 at 2:17 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.