38531 5th Street E, Palmdale, CA 93550

About this property

Fantastic Investment Deal for Los Angeles County Fourplex with over 8% CAP RATE! Units fully rented out and is managed by a professional management company. All units have been upgraded with new paint and carpet along with windows. Washer and Dryer is onsite and is attractive to renters. Similar fourplees in the areas have sold for over 400k. 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. Priced aggressively to sell.

Listing description from the October 2016 sale, as reported to CRMLS.

Sale history

$370,000

Sold October 2016 · listed $389,000, on market September 2016 · MLS #CV16200350 · Source: CRMLS

Listing Agent: LING BEH · Listing Office: K.W. EXECUTIVE · Contact: 626-872-2207 · Bought with: MIKE NIJJAR · NIJJAR REALTY INC.

$281,500

Sold April 2014 · listed $290,000, orig. $299,950, on market December 2013 · MLS #SR13250784 · Source: CRMLS

Listing Agent: Dan Vo · Listing Office: Exit Platinum Realty · Contact: 818-887-1500 · Bought with: YING-HUEI CHOU · ETOPBROKER, INC.

$215,000

Sold June 2013 · listed $200,000, on market March 2013 · MLS #SR13039097 · Source: CRMLS

Listing Agent: Dong Nguyen · Listing Office: Realty And More · Contact: 818-349-5959 · Bought with: Out of Area Southland · SOUTHLAND

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