950 E Palmdale Boulevard, Palmdale, CA 93550
Business
Sold April 2024
Listing Agent: Nader Naderi (DRE #01096047) · Listing Office: Berkshire Hathaway HomeServices California Properties · Contact: 818-489-8955 · Bought with: Nader Naderi · Berkshire Hathaway HomeServices California Properties · MLS #SR23223012 · Source: CRMLS
About this business
Strategically positioned in the heart of Palmdale for maximum visibility and exposure. Close to commuter rail and Sierra Highway, offering ease of commuting. Flexible office layout, with some units on a month-to-month basis, making it an ideal candidate for an owner-user investor utilizing SBA financing with a low down payment. Surrounded by restaurants, entertainment, and shopping centers. Convenient access to 14 and 138 highways for enhanced connectivity. There are 11 occupied units and 2 units are currently vacant. The annual income is based on fully occupancy. Total Annual Income $153,828 , NOI $90,402, Cap 6.50%, Building Size: 13,577 sq ft, Rentable area: 12,782 sq ft , Lot Size: 43,456 sq ft , Year Built: 1988 , Parking spaces: 65 , Zoning: PDC3 (Planned Development Commercial) , APN: 3009-025-026.
Listing description from the April 2024 sale, as reported to CRMLS.
Sale history