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341-345 E Avenue Q7

Palmdale, CA 93550
  • $529,999
  • STATUS: PENDING
  • ON SITE: 21 Days
  • ID#: 240022309
Pending
UPDATED: 33 min ago
$529,999
  • 4
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1967
County:

School Ratings & Info

Description

Discover this three-unit income property featuring a charming front house with 2 bedrooms and 1 bathroom, alongside a duplex with two 1-bedroom, 1-bathroom units in the back. This property is Section 8 approved, ensuring a steady stream of rental income from reliable tenants. Currently undergoing upgrades, the front house is getting brand new flooring to enhance its appeal. Located in a desirable Palmdale neighborhood, the property offers convenient access to local amenities and public transportation. Each unit has an ideal layout, catering to tenant needs. Don't miss this opportunity to invest in a well-maintained property with strong income potential!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.forsalesandiego.com/homes/155529545
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341-345 E Avenue Q7 Palmdale, CA 93550

  • Price: $529,999
  • Status: PENDING
  • On Site: 21 Days
  • Updated: 33 min ago
  • ID#: 240022309
4
Beds
3
Baths
0
½ Baths
N/A
Acres
1967
Built
Neighborhood:
Other
County:
Los Angeles
Area:
Palmdale (93550)
Property Description
Discover this three-unit income property featuring a charming front house with 2 bedrooms and 1 bathroom, alongside a duplex with two 1-bedroom, 1-bathroom units in the back. This property is Section 8 approved, ensuring a steady stream of rental income from reliable tenants. Currently undergoing upgrades, the front house is getting brand new flooring to enhance its appeal. Located in a desirable Palmdale neighborhood, the property offers convenient access to local amenities and public transportation. Each unit has an ideal layout, catering to tenant needs. Don't miss this opportunity to invest in a well-maintained property with strong income potential!
Exterior Features

Exterior Vinyl Fencing Gate Roof Composition Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Units With Garages 1 Units With Patios 2

Interior Features

Cooling Wall/Window Furnished Units 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups No Units With Cooling 3 Units With Dishwashers 3 Units With Dryers 3 Units With Fireplaces 0 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 3

Property Features

Actual Cap Rate 5.8 Age Restrictions N/K Annual Expense Actual 17125 Association ID San Diego Association of REALTORS (SDAR) Buildings 2 Cfd Mello Roos Fee 0.0 Complex Park other Cross Streets 5th street East; Palmdale Blvd Gross Rent Multiplier Actual 10.0 Gross Rent Multiplier Project 8.0 Gross Scheduled Income Actual 67200 Mandatory Remarks None Known Monthly Total Fees 0 Net Operating Income Projected 67200 Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 9.1 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays Other/Remarks Terms Other/Remarks Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Projected Rent 2200.0 Unit1 Rent Actual 1700.0 Unit2 Deposit 0 Unit2 Occupied Vacant Unit2 Projected Rent 1700.0 Unit2 Rent Actual 0.0 Unit3 Deposit 0 Unit3 Occupied Vacant Unit3 Projected Rent 1700 Unit3 Rent Actual 0.0

San Diego MLS logo Listing provided courtesy of Tyler Brand of JLM Real Estate Inc: 661-886-1226. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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Yarbrough Group
2445 Truxtun Rd., Ste 108
San Diego CA, 92106