38262-68 E 6th St, Palmdale, CA 93550

$562,000
3,228
SqFt

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List Price
$562,000
Status
ACTIVE
Days on Market
163
Price Change
▼ $5,000 1777507243
MLS#
26002859
Subtype
Commercial Sale
Year Built
1955
Living Area
3,228
Lot Size
6,970
Acres
0.16
Neighborhood
09 - Palm Div to 80th E
MLS Area Major
09 - Palm Div to 80th E

Property Description

Prime mixed-use investment opportunity in the heart of Palmdale near Palmdale Blvd & 6th St East. This 3,228 SF Mixed Use 3 (MU3) zoned property offers excellent visibility and long-term upside. The building consists of four units, all of which are fully occupied with solid tenants in place, providing immediate income. Each unit is separately metered for electricity and gas and features updated flooring, interior paint, and an individual mini-split heating & cooling system plus a wall furnace. The property has been very well maintained, including a full roof replacement approximately 10 years ago, contributing to lower ongoing capital expenses. Situated on a lot just shy of 7,000 SF, the property includes a secured rear parking area with gated access and ADA-compliant upgrades, enhancing both tenant convenience and regulatory compliance. With low maintenance requirements and tenants responsible for their own repair and maintenance, this asset is well-suited for investors seeking stable income with minimal management overhead. Positioned in a highly desirable commercial location with strong foot and vehicle traffic, this property offers excellent potential for retail, office, or mixed-use applications in one of Palmdale's most active business areas. This property is also zoned for residential use opportunities. Don't miss this value-add opportunity in a growing market!

Additional Information

Zoning
Mixed Use 3/PDM1 - Buyer to Verify
Heating
Wall Furnace, Heat Pump, Ductless, Natural Gas
Air Conditioning
Central Air, Heat Pump, Ductless
Stories
1
Roof
Asphalt, Wood, Rolled Hot Mop
Foundation
Slab

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Ciji Ripoll (cijirealtor@gmail.com) from Listing Office: RE/MAX All-Pro.