547 E Avenue Q12

    Palmdale, CA 93550
    • $1,100,000
    • STATUS: Active Under Contract
    • ON SITE: 111 days
    • ID#: EV20023712
    Under Contract
    UPDATED: 62 min ago
    $1,100,000
    • 0
      BEDS
    • 0.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,192
      SQFT
    • $120
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1981
    County:

    School Ratings & Info

    Description

    Great 8 unit income property comprised of four (4) 4-bedroom / 2-bath units and four (4) 3-bedroom / 1.5-bath units situated on 21,974 Sqft lot. Excellent investment opportunity in a highly desirable rental area with low vacancy rate. Property is being sold with 100% tenant occupancy and 6% cap rate. Property sold in AS-IS condition - opportunity to add value and improve the investment even more. Please do not walk on the property or otherwise disturb tenants.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-25T16:26:02.63. 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 or Pam Spadafore & Associates | Coldwell Banker Residential Brokerage. Licensed in the State of California, USA.

    www.coastalhomesoc.com/homes/102855458

    547 E Avenue Q12 Palmdale, CA 93550

    • Price: $1,100,000
    • Status: Active Under Contract
    • Updated: 62 min ago
    • ID#: EV20023712
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.5
    Acres
    9,192
    SQFT
    $120
    $/SQFT
    1981
    Built
    Neighborhood:
    PLM - Palmdale
    County:
    Los Angeles
    Area:
    PLM - Palmdale
    Property Description
    Great 8 unit income property comprised of four (4) 4-bedroom / 2-bath units and four (4) 3-bedroom / 1.5-bath units situated on 21,974 Sqft lot. Excellent investment opportunity in a highly desirable rental area with low vacancy rate. Property is being sold with 100% tenant occupancy and 6% cap rate. Property sold in AS-IS condition - opportunity to add value and improve the investment even more. Please do not walk on the property or otherwise disturb tenants.
    Exterior Features

    Garage Spaces 0.00 Lot Features Lot 20000-39999 Sqft Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Laundry Features Common Area

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 103488.00 Gross Scheduled Income 103488.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 68441.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Operating Expense 35047.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Unknown Special Listing Conditions Standard Total Expenses 35047.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Public Records Zoning Pdr3*

    Listing provided courtesy of Jassen Sanchez of Fortress Capital Partners Inc. and Eric Laguardia of Fortress Capital Partners Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-25T16:26:02.63. 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 or Pam Spadafore & Associates | Coldwell Banker Residential Brokerage. Licensed in the State of California, USA.

     
    Pam Spadafore & Associates | Coldwell Banker Residential Brokerage
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    Laguna Beach CA, 92651