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Palms Inn & Suites 430 W Palmdale Blvd 112 Room Hotel Palmdale, CA 93551 $9,400,000 ($83,929/Room)
Executive Summary
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.
Property Facts
| Price | $9,400,000 | Building Size | 26,987 SF |
| Price Per Room | $83,929 | No. Rooms | 112 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 1986 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 4.9/1,000 SF |
| Lot Size | 2.47 AC | Corridor | Exterior |
| Zoning | PDCPD* | ||
| Price | $9,400,000 |
| Price Per Room | $83,929 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.47 AC |
| Building Size | 26,987 SF |
| No. Rooms | 112 |
| No. Stories | 3 |
| Year Built | 1986 |
| Tenancy | Single |
| Parking Ratio | 4.9/1,000 SF |
| Corridor | Exterior |
| Zoning | PDCPD* |
Amenities
- Business Center
- Pool
- High Speed Internet Access
- Patio
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 112 | $84.00 | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 3004-002-014 | Improvements Assessment | $3,360,141 |
| Land Assessment | $174,875 | Total Assessment | $3,535,016 |
Property Taxes
Parcel Number
3004-002-014
Land Assessment
$174,875
Improvements Assessment
$3,360,141
Total Assessment
$3,535,016
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Videos
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Photos
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Presented by
Savient Financial, Inc.
Palms Inn & Suites | 430 W Palmdale Blvd
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