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38551 10th Place E, Palmdale, CA 93550

Property · 2 recorded sales since 2016

38551 10th Place E, Palmdale, CA 93550 Sold March 2017 CRMLS
$477,000Sold March 2017

Listing Agent: Irene Olsen (DRE #01938608) · Listing Office: Keller Williams Realty Irvine · Contact: 949-861-8000 · Bought with: GERARDO MUNOZ · REALTY WORLD CALIFORNIA PROPER · MLS #OC16111144 · Source: CRMLS

8,490 sqft
Lot Size
1987
Year Built
Property
Type
2
Stories
0
Garage
CentralAir
Cooling
Central
Heating
CityLights, Mountains
View

About this property

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 description from the March 2017 sale, as reported to CRMLS.

Sale history

$477,000
Sold March 2017 · listed $479,000, orig. $539,000, on market May 2016 · MLS #OC16111144 · Source: CRMLS
Listing Agent: Irene Olsen · Listing Office: Keller Williams Realty Irvine · Contact: 949-861-8000 · Bought with: GERARDO MUNOZ · REALTY WORLD CALIFORNIA PROPER
$399,000
Sold May 2016 · on market March 2016 · MLS #OC16058713 · Source: CRMLS
Listing Agent: Irene Olsen · Listing Office: Keller Williams Realty Irvine · Contact: 949-861-8000 · Bought with: Irene Olsen · Keller Williams Realty Irvine
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