$699,000

38501 Larkin Avenue

Palmdale CA, 93550

Description

Solid income producing 4-plex in the heart of Palmdale. All units are rented and current. Units have recently gone through updating and light renovations throughout including new exterior lighting, laundry room remodel with brand new water heater. This would be additional income for the new owner and all that is needed are the coin operated washer/dryer. Units comprise of (1) 3 bed/2 bath at $1650 (1) 1 bed/1 bath at $1125 (2) 2 bed/1 bath at $1460 & $1415 TOTAL= $5,650. Average water bill is approx $70 and trash average is $140. Rare rate of return for this price.

Details

MLS#20007110
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1989
Days On Site15

Features

SQ Feet3,466
Units4
Building(s)1
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Area Information
StateCA
CountyLos Angeles
CityPalmdale
Zip Code93550
Area09 - Palm Div to 80th E
Listing VS Median (in 93550)
Price:
$699,000
low | high
Med:
$170,000
100% of Average
SqFt:
3,466
low | high
Med:
853
100% of Average
$ / SqFt:
$202
low | high
Med:
$199
51.178538424512% of Average
On Site:
15
low | high
Med:
159
9.433962264151% of Average
Listing Updated: 09/19/2020
Robert Proano LogoMLS Number: 20007110
Listing Provided By:
Robert Proano  of  Realty One Group