38564 5th St E
Palmdale, CA 93550
38564 5th St E, Palmdale, CA 93550 · Multifamily Property For Sale
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5 Units
Property Facts
| No. Units | 5 | Building Size | 3,912 SF |
| Property Type | Multifamily | Average Occupancy | 60% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1983 |
| Building Class | C | Parking Ratio | 1.53/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | PDR3* | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,912 SF |
| Average Occupancy | 60% |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 1.53/1,000 SF |
| Zoning | PDR3* |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Granite Countertops
- Carpet
- Double Pane Windows
Site Amenities
- Controlled Access
About 38564 5TH ST E , PALMDALE, CA 93550
Multi-unit, furnished income property, remodeled and redesigned for modern living. Conveniently located close to public transportation, shopping and restaurants. The income annually is $45.996 and the expenses are $10915 annually. The CAP rate is 7 with possibility for 9. Rents are Unit #1 915. Unit #2 743, Unit #3 $900, Unit #4 620 and Unit #5 $650.All of them are 1 bedroom units (very specious ) and only one single. There is no Rent Control. Very low maintenance and secure. Landlord only pays for trash, insurance, taxes, water and only outside electricity. the rest are paid by tenants. Tenants are willing to pay extra for dogs and storage space therefore there is a possibility for more income. One bedroom unit is paying only $620 since they are in that unit for 15 years. but that unit can be rented $915 as the other one after renovation. Except that all units are remodeled.Two contracts are month to month. All other expiring August of 2017. Heade northbound on 5th St E turn right onto Avenue Q-4, it will bw the first building on your left.
Property Taxes
| Parcel Number | 3008-013-039 | Improvements Assessment | $409,616 |
| Land Assessment | $136,537 | Total Assessment | $546,153 |
Property Taxes
