Great opportunity to own a money making 4 unit in the heart of Palmdale. One of the most desirable locations. Enjoy a 5% CAP Rate and easy tenants with updated units and low maintenance cost. 10% cash on cash proforma numbers with potential to increase more. Write before this opportunity goes.
Off market
$776,600
38635 5th St E APT 2, Palmdale, CA 93550
8beds
3,120sqft
Quadruplex
Built in 1972
7,975 Square Feet Lot
$776,600 Zestimate®
$249/sqft
$3,684 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced air
Cooling
- Central
Appliances
- Laundry: Community
Features
- Has fireplace: Yes
- Common walls with other units/homes: 2+ common walls
Interior area
- Total interior livable area: 3,120 sqft
Property
Features
- Levels: Two
Lot
- Size: 7,975 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 3008009029
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Quadruplex
Condition
- Year built: 1972
Utilities & green energy
- Water: See Remarks
Community & neighborhood
Location
- Region: Palmdale
Other
Other facts
- CountyOrParish: Los Angeles
- PropertyType: Residential
- StateOrProvince: CA
- YearBuiltSource: Assessor
- CommunityFeatures: Sidewalks
- SpecialListingConditions: Standard
- StreetSuffix: Street
- Cooling: See Remarks
- StandardStatus: Active
- HighSchoolDistrict: Other
- RoomType: Kitchen
- CommonWalls: 2+ common walls
- WaterSource: See Remarks
- LaundryFeatures: Community
- City: Palmdale
- MLSAreaMajor: PLM - Palmdale
- LotFeatures: 2-5 Units/Acre
- Levels: Two
- ElevationUnits: Feet
- LivingAreaUnits: Square Feet
- LotSizeSource: Assessor
- PropertySubType: Quadruplex
- Country: US
Services availability
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Estimated market value
$776,600