Multifamily Development Opportunity – East Avenue Q-7 & 2nd Street East, Palmdale
Located in Opportunity Zone, The Ghobadi Investment Team is presenting a rare opportunity to acquire three adjacent lots totaling approximately 19,750 square feet in a rapidly growing area of Palmdale. Preliminary plans have been prepared for a 22-unit apartment project featuring a well-designed three-story structure with Type VB construction.
22 Apartment Units: A thoughtful unit mix consisting of 12 one-bedroom and 10 two-bedroom residences
Two-Story Residential Over Ground-Level Parking: Maximizing land use while maintaining aesthetic appeal
Approx. 16,300 SF of Residential Space + 780 SF of Commercial Space
32 Parking Spaces to meet residential and commercial parking requirements
Well-suited for a builder or investor looking to capitalize on strong rental demand in the Antelope Valley
This site is ideally positioned near schools, parks, shopping, and public transportation—making it an attractive proposition for future tenants and an excellent opportunity for long-term hold or resale post-entitlement.
Contact us today for additional information, preliminary plans, or to schedule a site visit.