1330 E Soledad Pass Rd, Palmdale, CA 93550

This property would be great for a first time home buyer who is having trouble figuring out how to afford a big enough house in Southern California or for an investor who wants a Cap Rate of 6.4!!! The front (owner's) unit is spacious, with designer colors, granite kitchen, 3 beds and 3 baths, and a bonus room that could be a 4th bedroom if necessary. Tile floors make cleanup a snap. Bathrooms are remodeled with stone-look tile. Indoor laundry area makes life easy. Owner's unit feels much larger than tax assessor's stated area; buyer to verify. Two 1 bed 1 bath income units wtih rents of $800 and $850 (not on rent control!) help with the payments. A large yard with a mature fruit tree makes it just right. Permit status on all modifications unknown but Seller states that previous Seller told them that all was permitted. Appraised in March 2007 for $607,000. Proforma rents are $3700 (front unit was recently rented to family member at below market rent to enable easy showings but was previously rented at 2000 a month).<br/><br/>Brokered and Advertised by: South Bay Brokers, Inc.<br/>Listing Agent: Lauren Perreault<br/>