38551 10th Place E,  Palmdale CA, 93550 (Residential Income)

3,478 sqft
Status: Active
MLS#: OC16111144
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Last Updated: 12/10/2016 9:57 AM
Description for 38551 10th Place E Palmdale, CA 93550
Investors Dream! Cap Rate over 8% with continual cash flow. Room for a large rental increase with no rent control. This well maintained Upgraded Extra Large rental property has 4 units. Each unit has 2 nice size bedrooms and 2 full bathrooms. Equipped with Extra large double sliding closet doors. Newer central air and heat with newer windows, laminate floors and tile throughout. Washer & dryer hookups in each unit. Extremely large private front concrete patio included with each unit. Property has a wrought iron security gate and is very private. Two parking spaces secured behind the gates with each unit. One covered & one uncovered. City view from the upper units. Each unit's estimated square footage is 880. This is a very nice area of Palmdale. Shopping, restaurants & freeway nearby. Don't wait, this one will not last!!!
Price
$479,000
Los Angeles
3,478 (approx)
OC16111144
Active
Description
Investors Dream! Cap Rate over 8% with continual cash flow. Room for a large rental increase with no rent control. This well maintained Upgraded Extra Large rental property has 4 units. Each unit has 2 nice size bedrooms and 2 full bathrooms. Equipped with Extra large double sliding closet doors. Newer central air and heat with newer windows, laminate floors and tile throughout. Washer & dryer hookups in each unit. Extremely large private front concrete patio included with each unit. Property has a wrought iron security gate and is very private. Two parking spaces secured behind the gates with each unit. One covered & one uncovered. City view from the upper units. Each unit's estimated square footage is 880. This is a very nice area of Palmdale. Shopping, restaurants & freeway nearby. Don't wait, this one will not last!!!
Listing Information
Property Type: Cluster, Contemporary, 2 Story
0.19 Acres 849,000 sq.ft. 3,478 (approx)
$137.72 1987
2 Concrete, Stucco
Gas Water Heater
4 Total
Neighborhood
Room Information
Living Room
Inside
Bathtub
Interior Features
Range/Oven Built-in, Garbage Disposal, Gas Range/Cooktop
Ceramic Tile, Laminate
Central Air
Alarm -Smoke/Fire,
Exterior / Lot Features
8 Parking Spaces, Assigned Parking Space, Detached Carport, Driveway, Gated Parking, Private, Street Parking
Stucco, Concrete
None
No Pool
City, Mountain
Block, Privacy Fence, Security Fenced Yard, Wrought Iron, Automatic Gate
Sidewalks, Street Lights, Exterior Lighting, Rain Gutters, Satellite dish, Storage Area, Security Lighting, Curbs Walk, Mountains
Driving Directions
From the 14 freeway north right on Palmdale blvd and left on 11th st.right on Q 4 left on 10th place Cross Streets: 11th St and Palmdale Blvd.
Financial Considerations
3015002003
$42,000
Listing Price History

Palmdale Real Estate

Palmdale is located in California. Palmdale, California 93550 has a population of 151,841.

The median household income in Palmdale, California 93550 is $54,277. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Palmdale 93550 is 28.7 years.

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Courtesy: Keller Williams Realty Irvine Irene Olsen
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