430 W Palmdale Blvd - Hospitality FOR SALE


Palmdale, CA 93551
$9,400,000 USD
949-632-3991
430 W Palmdale Blvd, Palmdale, CA for Sale
$9,400,000 USD
Hospitality - FOR SALE
1/32
null | Request Cap Rate

430 W Palmdale Blvd
Palmdale, CA 93551


HIGHLIGHTS

  • Situated on a 2.47-acre lot along a major commercial corridor, providing excellent visibility and convenient access to public transportation and regio

OVERVIEW

The Palms Inn & Suites presents a compelling opportunity for Los Angeles County or mission-driven organizations seeking to expand interim or supportive housing solutions. Strategically positioned along a major commercial corridor with convenient access to public transportation, essential services, and regional employment centers, the property is well-suited for adaptive reuse under programs such as Project Homekey. The existing layout, including 117 guest units, on-site management space, and parking for 120 vehicles, allows for efficient conversion to transitional or permanent supportive housing with minimal reconfiguration. Newly installed solar fully paid for. Located within the growing Antelope Valley region, the site offers a lower-density alternative to urban core placements while still maintaining accessibility to county resources. With continued public investment in homelessness solutions, the Palms Inn & Suites stands as a strong candidate for acquisition, repositioning, and long-term community impact.

FOR SALE DETAILS

PRICE

$9,400,000 USD

PRICE/SF

$348 USD /SF

# OF ROOMS

112

PRICE/ROOM

$83,929 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Palms Inn & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1986

PARKING SPACES

113

LAND DETAILS

LAND ACRES

2.47 AC

LAND SF

107,593 SF

ZONING

PDCPD*

APN/PARCEL ID

3004-002-014

ASK ABOUT THIS PROPERTY

Darrell BurnsSavient Financial, Inc.More Info
949-632-3991

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Darrell BurnsSavient Financial, Inc.More Info
949-632-3991

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.