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    1/2 BATHS
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Listing Details

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MLS #
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Neighborhood
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Type
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School Ratings & Info

Description

Turnkey completely remodeled modern 10-unit apartment building with desirable unit mix and corner lot location. Recently updated exterior landscaping, paint, lighting, all units interior remodels completed, energy efficient cool roof, all new energy efficient windows and sliding glass doors, all new stainless steel appliances, attention to detail throughout. Property features fully gated controlled access, multiple security surveillance cameras with remote viewing capability, all units wired for high speed internet and DirecTV satellite television from a singular roof mounted source. Pride of ownership shows throughout.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T00:28:33.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Kohler Group | Zutila. Licensed in the State of California, USA.
www.buysocal.homes/homes/116686641
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454 E Avenue Q3 Palmdale, CA 93550

  • Price: $2,973,120
  • Status: Active
  • ID#: SR21079586
0
Beds
0
Baths
0
½ Baths
0.41
Acres
1985
Built
Neighborhood:
PLM - Palmdale
County:
Los Angeles
Area:
PLM - Palmdale
Property Description
Turnkey completely remodeled modern 10-unit apartment building with desirable unit mix and corner lot location. Recently updated exterior landscaping, paint, lighting, all units interior remodels completed, energy efficient cool roof, all new energy efficient windows and sliding glass doors, all new stainless steel appliances, attention to detail throughout. Property features fully gated controlled access, multiple security surveillance cameras with remote viewing capability, all units wired for high speed internet and DirecTV satellite television from a singular roof mounted source. Pride of ownership shows throughout.
Exterior Features

Architectural Style Modern Carport Spaces 14 Carport YN Yes Construction Materials DrywallStuccoCopper Plumbing Entry Location 1 Exterior Features Lighting Fencing SecurityWrought Iron Foundation Details Slab Lot Features Corner LotDrip Irrigation/BubblersLandscapedLevelOver 40 Units/AcreNear Public TransitPavedRectangular LotSprinklers Timer Number Of Separate Electric Meters 10 Open Parking Spaces 4 Parking Features ConcreteCarportGated Parking Total 18 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type MaintainedPaved Roof ElastomericFlatGreen RoofReflective Spa Features None Spa YN No View Mountain(S) View YN Yes

Interior Features

Appliances DishwasherElectric Water HeaterFree-Standing RangeGas OvenGas RangeVented Exhaust FanWater Heater Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Door Features Mirrored Closet Door(S)Sliding Doors Fireplace Features DenGas Fireplace YN Yes Flooring CarpetTile Heating CentralNatural Gas Heating YN Yes Interior Features BalconyCeiling Fan(S)StorageWired For DataGalley Kitchen Window Features Energy Star Qualified Windows

Property Features

Additional Parcels YN No Cable Tv Expense 4560 Cap Rate 4.67 Common Interest None Community Features CurbsGutter(S)Storm Drain(S)Street LightsSuburbanSidewalksGated Contingency Contingent Upon Seller Finding Replacement Property For 1031 Exchange. Current Financing Conventional Disclosures Familial RelationListing Broker AdvantagePrincipal is Real Estate Licensed Electric Standard Electric Expense 1500 Garage YN No Gross Income 0 Gross Scheduled Income 157440 Insurance Expense 3500 Laundry Features Washer HookupGas Dryer HookupInside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Net Operating Income 138930 New Construction YN No New Taxes Expense 29731 Number Of Separate Gas Meters 10 Number Of Separate Water Meters 0 Number Of Units Leased 10 Operating Expense 18510 Pest Control Expense 1200 Possession Close Of Escrow Property Condition Updated/RemodeledTurnkey Rent Control YN No Security Features Closed Circuit Camera(S)Carbon Monoxide Detector(S)Security GateGated CommunitySmoke Detector(S)Security Lights Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasTelephone Total Actual Rent 12895 Trash Expense 3000 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone Connected Vacancy Allowance 4723 Vacancy Allowance Rate 3 Water Sewer Expense 2100 Water Source Public Zoning Pdr3*

Listing provided courtesy of Arturo Sequeira of Skycastle Properties


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T00:28:33.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Kohler Group | Zutila. Licensed in the State of California, USA.
 
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The Kohler Group | Zutila
4000 Barranca Parkway #105
Irvine CA, 92604