Palmdale, CA 93550,38635 5th Street
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$ 799,000
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38635 5th Street Palmdale, CA 93550

2 Beds

1 Bath

7,976 Sqft Lot


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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25070656

Bedrooms 2

HOA Y/N No

Lot Size 7,976 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Introducing a prime investment opportunity at 38635 5th Street East, Palmdale, CA 93550. This well-maintained quadruplex, built in 1972, offers a total of 3,120 square feet of living space across four units, each featuring 2 bedrooms and 1 bathroom. The property sits on a 7,975-square-foot lot and includes amenities such as forced air heating, central cooling, and community laundry facilities. Its desirable location provides easy access to local amenities, making it an attractive option for tenants and a lucrative addition to any investment portfolio. Enjoy the huge return with 5%+ CAP rate and potential to increase rent to current market values.
Introducing a prime investment opportunity at 38635 5th Street East, Palmdale, CA 93550. This well-maintained quadruplex, built in 1972, offers a total of 3,120 square feet of living space across four units, each featuring 2 bedrooms and 1 bathroom. The property sits on a 7,975-square-foot lot and includes amenities such as forced air heating, central cooling, and community laundry facilities. Its desirable location provides easy access to local amenities, making it an attractive option for tenants and a lucrative addition to any investment portfolio. Enjoy the huge return with 5%+ CAP rate and potential to increase rent to current market values.

Location

State CA

County Los Angeles

Area Palmdale (93550)

Zoning Assessor

Interior

Cooling Other/Remarks

Appliance Forced Air Unit

Building

Lot Description Sidewalks

Story 2

Lot Size Range 7500-10889 SF

Sewer Other/Remarks

Level or Stories 2 Story

Others

Acceptable Financing Exchange

Space Rent $1,525

Listing Terms Exchange


San Diego Regional MLS (SDMLS)
Listed by Seven Star Properties • Mamdouh Elalami
agent

Don Pelletier

Broker | License ID: 00866225

+1(858) 336-1114

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38635 5th Street