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    38219 12TH St

    Palmdale, CA 93550
    • $950,000
    • STATUS: Active
    • ON SITE: 15 days
    • ID#: 20-564994
    UPDATED: 28 min ago
    $950,000
    • 11
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,964
      SQFT
    • $240
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:
    Area:

    School Ratings & Info

    Description

    DO NOT WALK the property PLEASE! Thank you. Great opportunity to acquire 9 units in Palmdale with Excellent upside potential. This asset presents a fully occupied income property with great tenants. One 3+2, four 1+1 and four singles. Seller has done a great job of maintaining this property with new electrical and plumbing within the last 5 years. Every kitchen has granite counters. This property has truly low maintenance fees. Each unit enjoys their own outdoor space. Storage and parking on property. Washer and dryer on premises. DRIVE BY ONLY. SHOWINGS WITH ACCEPTED OFFER.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-08-13T21:42:43.58. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/108323579
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    38219 12TH St Palmdale, CA 93550

    • Price: $950,000
    • Status: Active
    • Updated: 28 min ago
    • ID#: 20-564994
    11
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,964
    SQFT
    $240
    $/SQFT
    1949
    Built
    Neighborhood:
    Palmdale
    County:
    Los Angeles
    Area:
    Palmdale
    Property Description
    DO NOT WALK the property PLEASE! Thank you. Great opportunity to acquire 9 units in Palmdale with Excellent upside potential. This asset presents a fully occupied income property with great tenants. One 3+2, four 1+1 and four singles. Seller has done a great job of maintaining this property with new electrical and plumbing within the last 5 years. Every kitchen has granite counters. This property has truly low maintenance fees. Each unit enjoys their own outdoor space. Storage and parking on property. Washer and dryer on premises. DRIVE BY ONLY. SHOWINGS WITH ACCEPTED OFFER.
    Exterior Features

    Direction Faces East Lot Size Area 21317 Other Structures Shed(S) Parking Garage Driveway Paved YN Yes Roof Composition Sprinklers None Style Bungalow Total Parking 16 View Description None View YN No Water Frontage None

    Interior Features

    Baths Total 10.00 Common Walls Detached/No Common Walls Cooking Appliances Cooktop - Gas Cooling Swamp Cooler(S) Equipment Garbage DisposalRange/OvenRefrigerator Heating Wall Electric Kitchen Features Granite Counters

    Property Features

    Electric Expense 600.00 Gross Income 87168 Gross Operating Income 87168 Insurance Expense 3130.00 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Like Units6 6 Maintenance Expense 1200.00 Monthly Gross Income 7264.00 Net Operating Income 66126.00 Number Of Buildings 9 Number Of Units 9 Owner Pays ElectricityWaterGas Rent Control YN Yes Sale Type Standard Sewer In Street Source Living Area Other Source Lot Size Area Vendor Enhanced Total Annual Expense 21042 Trash Expense 2100.00 Type Of Units Bungalows Water District Water Expense 2100.00 Water Heaters YN Yes Year Built Source Other Zoning Pdr3*

    Listing provided courtesy of Lecia Westerman DRE#00977117 of Lecia Westerman.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-08-13T21:42:43.58. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355