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Sold for $20,000 · Aug 2026

SOLD

Listed at $24,900

Sold

8500 E Avenue L12, Palmdale, CA 93552

Palmdale, CA

MLS# SR26035383

Property
109 days on market

Listing Agent

Mark Mestepey

Listing Agent

Castlestone Properties, Inc.

DRE #: 01991537

Brokerage: Castlestone Properties, Inc.

Property Details

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Bedrooms

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Bathrooms

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Square Feet

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Year Built

2.48 acres

Lot Size

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Price/Sq Ft

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Garage Spaces

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HOA

Property

Property Type

Description

HEAVY INDUSTRIAL zoning and prime corner lot location! This 2.48-acre land parcel is located within the city of Palmdale boundaries, as opposed to the unincorporated county, and it sits at the corner of Ave L-12 and 85th St E. The location of this property is very quiet and secluded, while also being not too far from the city. It is north of Littlerock and just east of the developed areas of Lancaster. It's very close to the paved intersection of Ave M and 90th St E, and there's power lines at that intersection. With frontage on 2 streets, this parcel is easy to locate and access, as well as build upon, as easements for access won't be needed. With heavy industrial zoning, there are a variety of possibilities for this parcel. It would be perfect for a mobile home, truck storage, agriculture-related activities, building supply storage, solar farm etc. This is a great opportunity to acquire an industrial parcel within the city of Palmdale, on a main street, for an affordable price!

Listing description from the August 2026 sale, as reported to CRMLS.

Sale history for 8500 E Avenue L12

1 recorded sale

$20,000
Sold August 2026 · listed $24,900, on market February 2026, 109 days on market · MLS #SR26035383 · Source: CRMLS
Listing Agent: Mark Mestepey · Listing Office: Castlestone Properties, Inc. · Contact: 818-624-0099 · Bought with: Mark Mestepey · Castlestone Properties, Inc.

How this sale compares

8500 E Avenue L12 sold for $20,000 in August 2026, 20% under its $24,900 list price, after 109 days on the market. Across 126 closed sales in 93552 over the last 12 months, the median sold price is $500,000 and the median is $269 per square foot.

$269
93552 median per sq ft (12 mo)
$500,000
93552 median sold price (12 mo)
126
Closed sales in 93552 (12 mo)
109
Days on market
−20%
Sold vs. list price
QuarterClosed sales in 93552Median sold price
Q1 202610$473,000
Q2 202653$500,000
Q3 202647$497,000
Q4 202616$484,935

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Palmdale · Homes for sale in 93552

Recent sales near 8500 E Avenue L12

Closed sales reported in 93552, nearest first, last 12 months. All recent sales in Palmdale →

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CRMLS

MLS# SR26035383

Listed: 2/12/2026

© 2026 California Regional Multiple Listing Service, Inc. Based on information from the California Regional Multiple Listing Service, Inc. as of 8/3/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Castlestone Properties, Inc.

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.