407 E Avenue Q3

    Palmdale, CA 93550
    • $1,000,000
    • STATUS: Active
    • ON SITE: 16 days
    • ID#: 318002163
    UPDATED: 36 min ago
    $1,000,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,480
      SQFT
    • $154
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1981
    County:

    School Ratings & Info

    Description

    Charming Palmdale gem! This residential income property built in 1981 offers a gated entry, with 7 units, a spacious laundry room and ample amount of covered parking for tenants! All the units feature Two bedrooms and One bathroom. All units are well lit with a spacious floor-plan. Granite counter-tops in the kitchen with a cozy dining area, ample cabinet space with a pantry and nice appliances for tenants. Room to raise rents to market value! This is an amazing opportunity for an investor or someone who would want to live in one unit and rent out the rest of the building! Centrally located near the Palmdale Marketplace, the Antelope Valley Mall and popular restaurants!! Welcome to 407 E. Avenue Q-3!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-18T18:29:45.847. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/84184518

    407 E Avenue Q3 Palmdale, CA 93550

    • Price: $1,000,000
    • Status: Active
    • Updated: 36 min ago
    • ID#: 318002163
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    6,480
    SQFT
    $154
    $/SQFT
    1981
    Built
    Neighborhood:
    PLM - Palmdale
    County:
    Los Angeles
    Area:
    PLM - Palmdale
    Property Description
    Charming Palmdale gem! This residential income property built in 1981 offers a gated entry, with 7 units, a spacious laundry room and ample amount of covered parking for tenants! All the units feature Two bedrooms and One bathroom. All units are well lit with a spacious floor-plan. Granite counter-tops in the kitchen with a cozy dining area, ample cabinet space with a pantry and nice appliances for tenants. Room to raise rents to market value! This is an amazing opportunity for an investor or someone who would want to live in one unit and rent out the rest of the building! Centrally located near the Palmdale Marketplace, the Antelope Valley Mall and popular restaurants!! Welcome to 407 E. Avenue Q-3!
    Exterior Features

    Architectural Style Traditional Carport Spaces 7.00 Garage Spaces 10.00 Lot Size Source Assessor Lot Size Units Square Feet Parking Features Carport DetachedControlled EntranceCarport Attached Parking Total 17.00 Parking YN Yes Pool Private YN No Spa YN No View YN No

    Interior Features

    Appliances MicrowaveGas CookingCounter TopElectric RangeDishwasher Appliances YN Yes Average Studio Area 0 Average1 Bed Area 0 Average2 Bed Area 0 Average3 Bed Area 0 Fireplace YN No Flooring CarpetLaminate Heating ElectricWall Heater Heating YN Yes Interior Features PantryGranite Counters Laundry Features Community Levels Two

    Property Features

    Association YN No Cable Tv Expense 0.00 Cap Rate 0.00 Country Us Electric Expense 480.00 Fuel Expense 0.00 Furniture Replacement Expense 0.00 Garage Income 0.00 Gross Equity 0 Gross Income 6775.00 Gross Multiplier 0.00 Gross Operating Income 0.00 Gross Scheduled Income 0.00 Gross Spendable Income 0.00 Improvements Amount 0 Improvements Percent 0.00 Insurance Expense 2100.00 Land Lease Amount 0.00 Land Value 0 Land Value Percent 0.00 Laundry Equipment Own Lease Own Laundry Income 840.00 Laundry YN Yes Licenses Expense 0.00 Maintenance Expense 0.00 Maintenance Percent 0.00 Net Operating Income 61998.00 Number Of Separate Electric Meters 7 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 1 Number Of Units Leased 7 Number Wall AC 0 Number With Carpet 0 Number With Dishwasher 7 Number With Disposal 0 Number With Drapes 0 Number With Patio 0 Number With Range 7 Number With Refrigerator 0 Operating Expense 20172.00 Operating Expense Percent 0.00 Other Expense 0.00 Other Income1 0.00 Other Income2 0.00 Personal Property Amount 0 Personal Property Percent 0.00 Pest Control Expense 822.00 Pool Expense 0.00 Professional Management Expense 338.00 Property Condition Updated/Remodeled Security Expense 0.00 Sold Cap Rate 0.00 Special Listing Conditions Standard Supplies Expense 0.00 Tax Rate 0.00 Taxes Percent 0.00 Tenant Pays ElectricityGas Total Actual Rent 0.00 Total Expenses 17313.00 Trash Expense 1572.00 Vacancy Allowance 0 Vacancy Allowance Rate 0.00 Walk Score 0 Water Sewer Expense 840.00 Workmans Compensation Expense 0.00 Zoning Pdr3*

    Listing provided courtesy of Vergine Martirossian of Johnhart Real Estate.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-18T18:29:45.847. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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