Palmdale, CA 93550,38501 Larkin AVE
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Palmdale, CA 93550,38501 Larkin AVE
Palmdale, CA 93550,38501 Larkin AVE
Palmdale, CA 93550,38501 Larkin AVE
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$ 849,000
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38501 Larkin AVE Palmdale, CA 93550

8,028 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25101904

HOA Y/N No

Year Built 1989

Lot Size 8,028 Sqft

Property Sub-Type Quadruplex

Property Description

38501 Larkin Ave, Palmdale CA 93550 $899,000-Cash cow investment property (4-plex) located in the heart of Palmdale and in the Transit improvement project zone. Built in 1989 with (1) 3 bedroom 2 bath, (2) 2 bedroom 1 bath and (1) 1 bedroom 1 bath. The units are large and all have very open floor plans with central heat and air conditioning. All units occupied with good long term tenants and 3 of the 4 are on the section 8 program. Tenant's pay their own trash, gas and electric.There are 4 covered parking spaces in the back with 2 extra parking spaces that can be used for extra income. The laundry room is currently not in use but has been updated with a new water heater and the new owner can place coin washer/dryers for extra income if they desire. The large 3 bedroom unit has its own private fenced courtyard. Lots of upside with this solid income producing property. Don't miss out on the opportunity, act now before it's gone. Seller willing to entertain concessions.

Location

State CA

County Los Angeles

Area Plm - Palmdale

Zoning PDR3*

Interior

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Curbs

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 3008015012

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Robert Proano • Realty One Group United • 310-429-4704
agent

Heather Cutro

Agent | License ID: 02101187

+1(909) 605-3477

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38501 Larkin AVE