$9,400,000
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.
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Listed by Darrell Burns with Savient Financial, Inc. (949) 632-3991
Property Type
Hotel/Motel
Status
Active
MLS Number
OC26069946
Year Built
1986
Lot Size
2.44 acres