Palmdale, CA 93550,Address not disclosed

$1,050,000

Est. payment /mo

$125,000

740.0%
Est.Price: ?

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Address not disclosed Palmdale, CA 93550

0.47 Acres Lot

SOLD DATE : 03/20/2014

Key Details

Sold Price $1,050,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CC334041

Sold Date 03/20/14

HOA Y/N No

Year Built 1983

Lot Size 0.475 Acres

Property Description

The subject property consists of 2 retail buildings with a total square footage of approximately 4,480 SF and sits on an approximate lot size of 20,677 SF. The offering is located at the signalized corner of 10th & E. Palmdale Blvd. in the City of Palmdale. The offering provides plenty of on-site parking in addition to street parking and 2 points of ingress and egress. This property offers a buyer great investment opportunity with a solid 8% cap rate on current existing income. It is located one mile east of the 14 Freeway, thus providing excellent freeway access. It is also minutes away from the Palmdale Gateway Shopping Center. This offering will appeal to an investor that is looking for an excellent tenant mix, signalized intersection and a good return..

Location

State CA

County Los Angeles

Area Co - Los Angeles (County)

Interior

Fireplace No

Building

Story 1

Others

Tax ID 3008036019

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by David Yashar • Remax Commercial and Investmen
Bought with David Yashar • Remax Commercial and Investmen

Alex Duarte

CEO | i01970077

+1(714) 373-6828

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