Jerry Thomas

Jerry Thomas

27111 Camino de Estrella

Capistrano Beach, CA 92624

Jerry Thomas
27111 Camino de Estrella Capistrano Beach CA { 92624
(949) 412-3763

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34.576565 -118.10838
  1. Search Nearby Homes

38225 12th Street E Palmdale, CA 93550

328645718 34.576565 -118.10838 120 /listing/328645718-150177715/38225-12th-street-e-palmdale-ca-93550 False 0 2900000.0 12900 101 SR23048852 False
  • $2,900,000
  • 12,900 sqft
  • Est payment $15567.83/mo
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Property & Neighborhood Info

Courtesy Of Mark Chappell, DRE#01009746, Keller Williams Realty Antelope Valley

Commercial in Palmdale

Incredible value-add multi-family investment opportunity in the fast growing city of Palmdale CA. This rare investment opportunity for savvy investors is a 14-unit apartment complex with in long term tenants in place. This property was built in 1983, has a wood construction, and sits on + 21,463 sqft of land with + 12,900 sqft of improvements. The property is mostly uniform and is comprised of 13 Two-Bed/One-Bath units, and 1 Three-Bed/Two-Bath unit. All units are individually metered for gas and electric, and master metered for water. Property has gated access with 20 parking spaces, 14 of which are covered. Located in a working class area, this property is centrally located and has convenient access to public transportation, shopping, and dining. The city is currently reinvesting tax dollars in this area and improving city streets, literally, with re-paving the roads and installing new street lights. The property has been well-maintained and is in excellent condition, requiring minimal maintenance and upkeep. Plus, with a solid tenant base already in place, you can start generating income from day one. Property currently has below market rents and is in a position to possibly generate even more income

Courtesy Of Mark Chappell, DRE#01009746, Keller Williams Realty Antelope Valley
  1. 12,900 Sq. Ft.

Main Features

  • Listing Status: Active
  • Year Built: 1983
  • County: Los Angeles
  • Units: 92
  • Zoning: R3
  • MLS Number:SR23048852

Additional Features

  • Cooling:
    • Central Air
  • Laundry:
    • Common Area
    • Individual Room
  • Building Description:
    • Existing
  • Property Subtype:
    • Multi Family
  • Roof:
    • Composition
  • Water Source:
    • Public
  • Land Size Source:
    • Assessor
  • Land Use:
    • Multi-Family
  • Heating:
    • Central
  • Utilities:
    • Natural Gas Connected
  • Security Features:
    • Carbon Monoxide Detector(s)
    • Smoke Detector(s)
  • Number of Buildings:
    • 1
  • Special Conditions:
    • Standard
  • Listing Agent License Number:
    • 01009746
  • Listing Key:
    • 371152451
  • Number Of Units Leased:
    • 14
  • Price Per SQFT:
    • 224.81
  • Tax ID:
    • 3014028017
Neighborhood info courtesy of Homes.com © 2023

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.

Let us help you!

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Jerry Thomas
Jerry Thomas
Broker Associate
(949) 412-3763
27111 Camino de Estrella Capistrano Beach CA 92624
34.576565 -118.10838
  1. Search Nearby Homes

38225 12th Street E Palmdale, CA 93550

328645718 34.576565 -118.10838 120 /listing/328645718-150177715/38225-12th-street-e-palmdale-ca-93550 False 0 2900000.0 12900 101 SR23048852 False
  • $2,900,000
  • 12,900 sqft
  • Est payment $15567.83/mo