This Multifamily Property is no longer advertised on LoopNet.com.

1005 E Avenue R
Palmdale, CA 93550
Multifamily Property For Sale · 11 Units

Investment Highlights

  • All rents collected for April & May
  • Ideally located in the heart of Palmdale
  • 100% occupied with all government funded subsidies
  • CAP  Rate  7.38% (Current) and 8.25% (Performa)

Property Facts

No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.35 AC
Building Size 8,548 SF
Average Occupancy 100%
No. Stories 2
Year Built 1986
Parking Ratio 1.4/1,000 SF
Zoning R3, Palmdale - Multiple Residential

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 11 $1,343 -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 3014-002-038
  • 3015-002-034
Land Assessment
$310,856
Improvements Assessment
$1,649,368
Total Assessment
$1,960,224
  • Listing ID: 19558470

  • Date on Market: 5/15/2020

  • Last Updated:

  • Address: 1005 E Avenue R, Palmdale, CA 93550

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