Palmdale, CA 93550 38635 5th Street E 1-4
$799,000
Presented By: Seven Star Properties with Mamdouh Elalami; 805-558-6069
Beds • 8
Baths • 1
SQFT • 3,120
Year Built • 1972
Home Details
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.
Presented By: Seven Star Properties with Mamdouh Elalami; 805-558-6069
Interior Features for 38635 5th Street E 1-4
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesSeeRemarks
Fireplace Y/NYes
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 38635 5th Street E 1-4
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityPalmdale
Community FeaturesSidewalks
CoolingSeeRemarks
CountyLos Angeles
DirectionsPalmdale Blvd to 5th st.
Electric On Property Y/NNo
Entry Locationfirst floor
Garage Spaces0.0
Garage Y/NNo
Gross Income73200.0
HOANo
HOA Fee$0.0
HeatingForcedAir
Home Warranty Y/NNo
Insurance Expense2500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsExchange1031
Lot Size Square Feet7976.0
Lot Size UnitsSquareFeet
MLS AreaPLM - Palmdale
MobileHomeRemainsYNNo
Net Operating Income67200.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Operating Expense6000.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerOther
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot80
Tenant PaysCableTv, Electricity
Total Actual Rent6100.0
Trash Expense900.0
Unit Number1-4
ViewNone
Water Sewer Expense2400.0
Waterfront Y/NNo
Year Built1972
Year Built SourceAssessor
ZoningPDR3*
Exterior for 38635 5th Street E 1-4
Building Area Total3120.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.1831
Lot Size Area7976.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking4.0
Water SourceSeeRemarks
Additional Details
Price History
