165 12th Street

PURCHASED AT $150,000.00 IN 2007. ZONED: LCRA 12000 *SUBDIVISIBLE 12,000SF PER LOT PER HOME PLUS ADU(POSSIBLE) TOTAL LOT SIZE 204,035 SF YOU CAN BUILD TOTAL OF 34 HOMES AMAZING LOT!! UNLIMITED POTENTIAL!! Latitude 34.488376 Longitude -117.834186 DEVELOPMENT OPPORTUNITY PALMDALE, CA Acquisition History Purchased in 2007 for $150,000 PROPERTY DETAILS Zoning: LCRA 12000* Total Lot Size: 204,035 SF (~4.68 Acres) Subdivision Potential: Minimum 12,000 SF per lot Single-Family Homes + ADU potential per lot?? DEVELOPMENT POTENTIAL Estimated Build: Up to 17 Homes (Buyer to verify with City)ADU potential provides additional income per lot Flexible development strategy: Build & sell (for-sale product) Build & hold (rental portfolio) Phased development LOCATION Coordinates: Latitude: 34.488376 Longitude: -117.834186 Located in Palmdale growth corridor with ongoing residential expansion and increasing housing demand. INVESTMENT HIGHLIGHTS Large 4.68-acre parcel with subdivision capability Strong value-add through land entitlement and development Ability to create multiple income streams (homes + ADUs)Attractive price basis vs. development upside Ideal for builders, developers, and long-term land investors POSITIONING (THIS IS IMPORTANT) Rare large-lot subdivision opportunity with the ability to create a 30+ unit residential project in a growing Palmdale market. (Professional Add-On) Buyer to verify zoning, density, subdivision, and development feasibility with City of Palmdale Infrastructure (utilities, grading, access) to be confirmed STRONGER BUYERS "One of the few remaining large parcels in Palmdale offering subdivision scale with ADU upside positioned for both for-sale development and long-term rental portfolio creation. "MOST OF THE SUBDIVISIONAL LANDS ARE EITHER 1 ACRE PER HOME OR 2.5 ACRE PER HOME. THIS ONE IS 12,000 SF PER HOME