38652 9th St E - Multi-Family FOR SALE


Palmdale, CA 93550
$325,000 USD
661-945-5440
38652 9th St E, Palmdale, CA for Sale
$325,000 USD
Multi-Family - FOR SALE
1/16
null | Request Cap Rate

38652 9th St E
Palmdale, CA 93550


HIGHLIGHTS

  • Property has been vacant for two years. now its near completion to be rented again. two levels and a basement

OVERVIEW

Property has a SFR with a basement. Total QF of the parcel is .57 acres zoned commercial in the front section of the parcel and multi-family zoning in the back section of the parcel. The front of the parcel could hace a commercial office using the existing building and appartments in back. (City planning will identify the exact amount of appartments allowed.This property is a fixer upper with very high potential. The front of the parcel is commercial and the back section of the .57 acres is zoned multi family. Seller needs a quick sale. 30 days or less. This property was used as a rental for 20 years. Covid19 tenants destroyed the property prior to being evicted. Seller has nearly repaired the property back to rentable conditions.

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$353 USD /SF

# OF UNITS

1

PRICE/UNIT

$325,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

38652 9h Street East Palmdale, CA 93550

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1947

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

commercial multi-family

APN/PARCEL ID

3008-040-016

ASK ABOUT THIS PROPERTY

Richard WainwrightWainwright Real EstateMore Info
661-945-5440

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Richard WainwrightWainwright Real EstateMore Info
661-945-5440

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.