38463 9th Street E
Palmdale, CA, 93550 $ 649,000
Bedrooms-- Baths-- Sq 4,428 Monthly Estimate*
$ 3,996
for $649,000. This 4,428 square foot building was built in 1957 on a lot size of 0.11.
Discover this rare, hard-corner retail opportunity in Palmdale’s thriving commercial corridor. This single-story building offers 4,428 SQ FT of versatile space on a 0.11-acre lot, anchored at the intersection of Q-6 Avenue and 9th Street East with approx. 106' of frontage on Q-6 and 56' along 9th. Built in 1957, the property is subdivided into four tenant suites, but it is possible to split the vacant unit into two separate units. Currently, three units are under short-term leases, one of which is vacant, creating immediate cash flow with flexibility for repositioning or owner occupancy. Why this work? Flexible lease structure & value-add runway: Short-term leases allow repositioning, rent growth, or conversion to a single user. Owner-user optionality: Take over a portion or the entire building while allowing other suites to generate income. Zoning & classification: SP Transit Area / Urban Core zoning supports a variety of retail, service, food, or office hybrid users. Opportunity Zone status: Located inside a designated Opportunity Zone, adding potential tax benefits for qualified investment. Signage & branding exposure: Dual-street frontage gives maximum visibility and branding reach from two busy arterials. Strategic access: Minutes from Highway 14, with quick ingress/egress and connectivity to major arteries serving Palmdale, Lancaster, and the greater Antelope Valley. Built density, walkability & local demand: Surrounded by dense residential neighborhoods and major retail anchors; strong pedestrian traffic and market support. Walk Score “Very Walkable”: reinforces foot traffic potential. This is more than a passive hold; it’s a dynamic play. You can step in as an operator, or position for long-term passive income, or do both. Whether your focus is stable cash flow or capital growth, this asset gives you options. Investos: Request the OM for full rent roll, expense statements, lease abstracts, pro forma scenarios, and repositioning strategies. Owner-users: Interested in partial occupancy or controlling your commercial footprint? Let’s discuss delivery timing and hybrid usage.
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FeaturesGeneralHeating Central
Cooling Central Air
Utilities Electricity Connected Sewer Connected Water Connected
Roof Flat
Zoning PDC3
Security Features Closed Circuit Camera(s) Window Bars
Year Built 1957
Property Subtype Retail
Business Type Barber/Beauty Food & Beverage Fast Food Grocery
County Los Angeles
Net Operating Income 36324
Operating Expense 29892
Insurance Expense 5062
Property Type Commercial Sale
MaintenanceExpense 5000
Special Listing Conditions Trust
Status Active Under Contract
Directions Corner of Hammack Ave and 9th St East
City Palmdale
Number Of Units Total 4
MLS Area PLM - Palmdale
Lot Size Units Square Feet
Lot Size Square Feet 4792
Number of Units Leased 4
Listing Terms Cash Cash to New Loan
Land Lease Y/N false
Current Financing None
Trash Expense 6330
Water Sewer Expense 1500
Additional Parcels Y/N false
Lease Considered Y/N false
Building Area Units Square Feet
Standard Status Active Under Contract
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Retail
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InteriorTotal Stories 1
Air Conditioning Y/N true
Heating Y/N true
Laundry Features None
Entry Level 1
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ExteriorFencing None
Lot Features Corner Lot
Water Source Public
Lot Size Area 4792
Number of Buildings 1
Building Area Total 4428
Lot Size Acres 0.11
Lot Size Source Assessor
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* Excluded FeaturesList Byhm@hoomanrealestate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,996
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Palmdale, CA
Average List Price $1,686,511
Percent of Sale Price 160%
About Palmdale, CA 156,667 Population
33% Since 2002
$ 53,003 Median Income
32 Median Age
44% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/27/2026 | $649,000 | | Listed Price |