Spectacular turnkey 4 unit investment. OR FHA as one unit may be delivered vacant.This Fully remodeled property spans 15 bedrooms and 8 bathrooms. Generating $146,000+ in gross annual rent. Each unit features recessed lighting, custom closets, upgraded fireplaces and 2 car garages with custom storage. Two units include new Ac/Heating systems: two units have in garage washer and dryers, other two units have designated laundry areas. Residents enjoy private enclosed backyards and ample cul-de-sac parking, plus park like grounds with possibly, potential for expansion. Situated in an Opportunity Zone with no City of LA rent control, rents can rise up to 8.9% annually underAB-1482. Fully occupied ( three section 8 tenants) this asset delivers stable cash flow, minimal vacancy risk, and long-term appreciation.
For sale
$1,550,000
38605 25th St E, Palmdale, CA 93550
15beds
8baths
5,626sqft
Est.:
Multi Family
Built in 1989
-- sqft lot
$1,507,400 Zestimate®
$276/sqft
$-- HOA
What's special
Private enclosed backyardsAmple cul-de-sac parkingPark like groundsRecessed lightingCustom closetsDesignated laundry areasUpgraded fireplaces
- 46 days |
- 487 |
- 16 |
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