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$ 799,000
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New
38635 5th ST E #1-4 Palmdale, CA 93550
7,975 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25070656
HOA Y/N No
Year Built 1972
Lot Size 7,975 Sqft
Property Sub-Type Quadruplex
Property Description
Introducing a prime investment opportunity at 38635 5th Street East, Palmdale, CA 93550. This well-maintained quadruplex, built in 1972, offers a total of 3,120 square feet of living space across four units, each featuring 2 bedrooms and 1 bathroom. The property sits on a 7,975-square-foot lot and includes amenities such as forced air heating, central cooling, and community laundry facilities. Its desirable location provides easy access to local amenities, making it an attractive option for tenants and a lucrative addition to any investment portfolio. Enjoy the huge return with 5%+ CAP rate and potential to increase rent to current market values.
Location
State CA
County Los Angeles
Area Plm - Palmdale
Zoning PDR3*
Interior
Heating Forced Air
Cooling See Remarks
Fireplaces Type See Remarks
Fireplace Yes
Laundry Common Area
Exterior
Pool None
Community Features Sidewalks
View Y/N No
View None
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Other
Water See Remarks
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 3008009029
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Lease Land No
Listed by Seven Star Properties • Mamdouh Elalami • 805-558-6069