34.574768 -118.11229

38113 10th Street E Palmdale, CA 93550

328635522 34.574768 -118.11229 120 /listing/328635522-150177715/38113-10th-street-e-palmdale-ca-93550 False 0 2595000.0 11852 105 SR23049576 False
  • $2,595,000
  • 11,852 sqft
  • 21,400 lot
  • Est payment $13930.52/mo

Property & Neighborhood Info

Courtesy Of Laura Faridi, DRE#01158716, Laura Faridi

Multi-Family in Palmdale

****DO NOT DISTURB TENANTS**** Rare opportunity to add a nice sized multifamily property located in the heart of Palmdale, to your portfolio. Yes, it is in an opportunity zone! It’s down the street from the Palmdale Playhouse, in close proximity to the public library, City Hall with public transportation accessible at the street corner. This property has not been on the market in the last 23 years. Because is it comprised of two parcels (not separately transferrable) under one building permit, it is commonly known as 38113 & 38117 10th Street East. There are 4 buildings with 7 units at 38113, and 6 units at 38117. The unit mix is highly desirable with 8 – 2 BR/1 ½ BA townhomes, 3 – 1BR/BA units, 1 – 3 BR/1 3/4 BA unit and a cute single story garden apartment. None of the units have a tenant above, or below which makes for a more peaceful community. All units (except the garden apt) come with an in-unit laundry room with W/D hookups. This property has been well maintained and undergone substantial capital improvements which include a new, upgraded 50-year roof system; repaired roof decks - all fascia boards and flashing were replaced. The re-roof came with a one-time transferrable warranty to a new buyer. A full exterior paint job was recently completed which included full primer and replacement of most window/door/garage trim boards utilizing a high-quality Dunn Edwards exterior paint. Full rehabs have been completed on the majority of units; all air conditioners have been replaced as well as the majority of furnaces and water heaters. There is an upgraded mailbox system and a recently installed surveillance system that covers a large portion of the property. Many upgrades were included in the rehabs such as; full paint, granite countertops, quality laminate countertops, new and refinished cabinets, oak stair treads/poplar risers, tile flooring, replacement of appliances, fixtures/faucets, can lighting, closet door systems and so much more. A complete set o

Courtesy Of Laura Faridi, DRE#01158716, Laura Faridi
  1. 11,852 Sq. Ft.
  2. 21,400 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1983
  • Garage: 14.0
  • Floors: 2
  • County: Los Angeles
  • Units: 13
  • Zoning: PDR3*
  • MLS Number:SR23049576

Additional Features

  • Cooling:
    • Central Air
  • Exclusions:
    • All personal property of present owner
  • Flooring:
    • Carpet
    • Tile
    • Vinyl
    • WOOD
  • Interior Features:
    • Balcony
    • Ceiling Fan(s)
    • Copper Plumbing Full
    • Granite Counters
    • Laminate Counters
    • Recessed Lighting
    • Storage
  • Rooms:
    • All Bedrooms Up
    • Laundry
    • See Remarks
  • Laundry:
    • Gas Dryer Hookup
    • Individual Room
    • Inside
    • See Remarks
    • Washer Hookup
  • Appliances:
    • DISHWASHER
    • Disposal
    • Gas Range
    • Gas Water Heater
    • Range Hood
  • Inclusions:
    • Roof Warranty
  • Common Walls:
    • 1 common wall
    • No one above
    • No one below
  • Levels:
    • Two
  • Property Subtype:
    • Commercial/Residential
  • View:
    • None
  • Water Source:
    • Public
  • Year Built Source:
    • Assessor
  • Condition:
    • Updated/Remodeled
  • Exterior Features:
    • Lighting
  • Fencing:
    • Block
    • Wood
    • Wrought Iron
  • Land Size Source:
    • Public Records
  • Lot Features:
    • Lawn
  • Pool Features:
    • None
  • Spa:
    • None
  • Carport Spaces:
    • 0.00
  • Parking:
    • Assigned
    • On Site
    • Street
  • Parking Spaces:
    • 18.00
  • Electric:
    • 220 Volts in Laundry
  • Heating:
    • Central
  • Sewer:
    • Public Sewer
  • Security Features:
    • Carbon Monoxide Detector(s)
    • Security System
    • Smoke Detector(s)
  • Road Surface:
    • Paved
  • Community Features:
    • Sidewalks
    • Storm Drains
    • Street Lights
  • Number of Buildings:
    • 4
  • Road Frontage:
    • City Street
  • Gross Income:
    • 217872.00
  • Net Operating Income:
    • 170261.00
  • CDOM:
    • 8
  • Special Conditions:
    • Standard
  • Tenant Pays:
    • Cable TV
    • ELECTRICITY
    • GAS
    • Telephone
  • Fuel Exp:
    • 0.00
  • Insurance Expense:
    • 4561.00
  • Listing Agent License Number:
    • 01158716
  • Listing Key:
    • 371150504
  • Lot Size Acres:
    • 0.4913
  • Lot Size Area:
    • 21400.0000
  • Lot Size Square Feet:
    • 21400.00
  • Operating Expense:
    • 47611.00
  • Price Per SQFT:
    • 218.95
  • Price Per Unit:
    • 199615
  • Tax ID:
    • 3009021021
  • Total Expenses:
    • 47611.00
Neighborhood info courtesy of Homes.com © 2023

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$38,769.95*
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Jerry Thomas
Jerry Thomas
Broker Associate
27111 Camino de Estrella Capistrano Beach CA 92624
34.574768 -118.11229

38113 10th Street E Palmdale, CA 93550

328635522 34.574768 -118.11229 120 /listing/328635522-150177715/38113-10th-street-e-palmdale-ca-93550 False 0 2595000.0 11852 105 SR23049576 False
  • $2,595,000
  • 11,852 sqft
  • 21,400 lot
  • Est payment $13930.52/mo