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$2,595,000
Est. payment /mo
0.49 Acres Lot
UPDATED:
04/23/2023 04:24 PM
Key Details
Property Type Commercial
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CNSR23049576
Originating Board CRISNet
Year Built 1983
Lot Size 0.491 Acres
Property Description
****DO NOT DISTURB TENANTS**** Rare opportunity to add a nice sized multifamily property located in the heart of Palmdale, to your portfolio. Yes, it is in an opportunity zone! It's down the street from the Palmdale Playhouse, in close proximity to the public library, City Hall with public transportation accessible at the street corner. This property has not been on the market in the last 23 years. Because is it comprised of two parcels (not separately transferrable) under one building permit, it is commonly known as 38113 & 38117 10th Street East. There are 4 buildings with 7 units at 38113, and 6 units at 38117. The unit mix is highly desirable with 8 - 2 BR/1 ½ BA townhomes, 3 - 1BR/BA units, 1 - 3 BR/1 3/4 BA unit and a cute single story garden apartment. None of the units have a tenant above, or below which makes for a more peaceful community. All units (except the garden apt) come with an in-unit laundry room with W/D hookups. This property has been well maintained and undergone substantial capital improvements which include a new, upgraded 50-year roof system; repaired roof decks - all fascia boards and flashing were replaced. The re-roof came with a one-time transferrable warranty to a new buyer. A full exterior paint job was recently completed which included full pri
Location
State CA
County Los Angeles
Area Plm - Palmdale
Rooms
Kitchen Dishwasher, Garbage Disposal, Hood Over Range, Other, Oven Range - Gas
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Gas Hookup, In Laundry Room, 30, Other
Exterior
Parking Features Assigned Spaces, Common Parking Area, Off-Street Parking
Garage Spaces 18.0
Pool 31, None
View None
Building
Water District - Public
Others
Tax ID 3009021021
Special Listing Condition Not Applicable , Accepting Backups
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Listed by Laura Faridi • Laura Faridi
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Sharad Gupta
Broker | License ID: 02213637
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