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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$8,900,000

Est. payment - /mo

2.44 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26069946

HOA Y/N No

Land Lease Amount 11197.0

Year Built 1986

Annual Tax Amount $85,000

Lot Size 2.436 Acres

Property Sub-Type Hotel/Motel

Property Description

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.

Location

State CA

County Los Angeles

Area Plm - Palmdale

Zoning Commercial C2

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Dryer, Washer

Laundry Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room

Exterior

Fence Block, Chain Link, Good Condition

Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected

Roof Type Flat,Tile

Total Parking Spaces 120

Building

Lot Description 36-40 Units/Acre, Lot Over 40000 Sqft, Level, Over 40 Units/Acre, Near Public Transit, Paved, Walkstreet

Story 3

Water Public

Others

Tax ID 3004002014

Security Features Resident Manager

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Darrell Burns Savient Financial, Inc. 949-632-3991, DRE #01305235

NEARBY SCHOOL & BUSINESS

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430 W Palmdale Palmdale, CA 93551