Modern duplex with 2x 2+1 units. Both have been updated and modernized. Laminate floors in both units. Updated baths and (1) granite kitchen. Separate water heaters keep owner bills to a minimum. Separate gas and electric meters too. Separate water heaters and HVAC units. Both units have attached 2 car garages. Property sits mid block, on a LARGE lot. Both have huge back yards. Plenty of room to possibly add more ADU's (BTV). Solid income, combo of FMV and VASH tenants. Buy and enjoy solid income and cash flow with newer age property.
THIS UPDATED SPACIOUS DUPLEX HAS TWO UNITS WITH 3 BEDS/2 BATHS AND 2 BED/1 BATH. ROOM TO BUILD AN ADU. BOTH UNITS ARE READY TO MOVE INTO. ADDITIONAL PICS AVAILABLE UPON REQUEST.
Multi-residential property in Palmdale featuring three units, each with 2 bedrooms and 2 baths. All units have access to open parking spaces. Ideal for investors seeking rental income or buyers looking to live in one unit while renting out the others. Strong income potential!
Live in one and rent the others! These are beautiful units which feature: Laundry room inside every unit. Nice curb appeal. Nice size side yard with a few trees. Each unit has their own garage. Property is located in a very nice neighborhood, blocks away from shopping centers.
We are pleased to present a cash flowing 4 unit building in Palmdale with a cap rate of 7.5% in an opportunity zone! Located in Los Angeles County and built in 1988, the property is not subject to City of LA rent control and only subject to CA AB 1482, which allows for 8.9% annual rent increases. Amazing unit mix of three 4 bedroom / 2 bath units and one 3 bedroom / 2 bath unit with total income of $165,396. 2 units are currently vacant, allowing the buyer to achieve market rents! Each unit is spacious, with its own yard, garage, and privacy similar to a single family home. The units are completely remodeled and feature new kitchens, bathrooms, new flooring, in-unit washer/dryers, newer appliances, tiled fireplaces, and garage cabinetry. The occupied units are currently rented to Section 8 tenants, thereby generating consistent cash flow. Each unit also has an attached garage with space for 2 cars and additional parking spaces on the driveway. Set on a large lot of appx. ± 31,131 sq. ft. and in a quiet cul-de-sac, the building presents itself as a tranquil apartment community for renters. Minutes from Palmdale Shopping Mall, Blackbird Airpark, Palmdale Regional Airport, and major aerospace employers such as Boeing, Lockheed Martin, and Northrop Grumman, which are all within a 15 minutes drive from the subject property.
There is a great investment opportunity in Palmdale where these duplex units have been recently updated with tile flooring throughout, central air, central heat, and even have washer/dryer units. Additionally, these units are equipped with built-in microwaves and have undergone a plumbing upgrade to copper plumbing. The water heaters are brand new as well. There is a courtyard that is shared with duplex next to it. It is fenced, and gated for privacy and you can enjoy having a yard without the maintenance. Palmdale is a rapidly growing area, so it's important not to miss out on this opportunity. The units are conveniently located near the Metrolink, shopping centers, and parks are close by. The duplex next door is also available. The condition is exactly the same. Seller would like to sell the units together.
There is a great investment opportunity in Palmdale where these duplex units have been recently updated with tile flooring throughout, central air, central heat, and even have washer/dryer units. Additionally, these units are equipped with built-in microwaves and have undergone a plumbing upgrade to copper plumbing. The water heaters are brand new as well. There is a courtyard that is shared with duplex next to it. It is fenced, and gated for privacy and you can enjoy having a yard without the maintenance. Palmdale is a rapidly growing area, so it's important not to miss out on this opportunity. The units are conveniently located near the Metrolink, shopping centers, and parks are close by. The duplex next door is also available. The condition is exactly the same. Seller would like to sell the units together.
Great investment opportunity!! If you are looking for Long-Term Project potential for positive cash flow, then this is it!! The main home has a pool and basement. There are three single residences and two BONUS mobile homes, one rented at $1,250 and the other at $1,350.00. Parcel #3015-015-039 Duplex (2 units 38624 15th St E and 38624 1/2 15th St E) Both are currently rented. Parcel #3015-015-040 (One Unit 38622 15th St E ) rented as well.
With a zoning of R3, the lot allows for the construction of up to 15 units, offering significant development potential. The property features three separate water, electric, and gas meters, providing individual utility setups for each unit. Each unit is thoughtfully designed, with the convenience of a private garage and a personal backyard. Parking is available on the street or in front of the units, ensuring accessibility for residents. The great curb appeal adds to the overall attractiveness of the property. Noteworthy improvements include a newer roof for two of the back units and the addition of new copper pipes in one of the back vacant units. The occupied back unit boasts a modern kitchen with a newer backsplash and includes a bar counter. The front unit, being larger in size, offers spacious living quarters. Furthermore, the conversion of the garage into an unpermitted third bedroom with a kitchen and bath in one of the units adds versatility to the property. The complex is well-maintained, reflecting the care and attention invested in its upkeep. Situated in a highly desirable area for commuters, the property's proximity to the freeway, train, and highway, as well as nearby shopping options, enhances its appeal. Overall, this triplex presents a promising investment opportunity with substantial upside potential. This triplex listing presents a lucrative opportunity for potential investors or buyers.
Welcome to this fantastic duplex, a prime investment opportunity for first-time homebuyers looking to live in one unit and rent out the other for immediate rental income. The first unit offers a remodeled granite kitchen and waterproof flooring in the living room, dining, and bedrooms. The second unit is a blank canvas for personalization or immediate rental income. Each unit has 2 bedrooms and 1 bath, both units are currently vacant.
* INVESTOR'S SPECIAL * Turn-key, cash flow on day 1! Long-term tenant over 10+ years. 7% Capitalization. 25% ROI w/ 20% down. Newer built home in a quiet and serene community. This spacious 2280 sq. ft. home boasts 3 bedrooms and 3 bathrooms with a bonus/office/formal dining room. Tile kitchen countertops with spacious island. Central HVAC. Tile roof. Carpet and laminated wood floors. Laundry room Large back yard with firepit and bbq/grill gas hookup. Buyer to verify all info. Selling "as-is"
****AMAZING INVESTMENT OPPORTUNITY**** *****SERIOUS CASH FLOW***** Prime Location! This Property is located at the heart of Palmdale. This 6 units Apartment Building is facing south & East and overlooking the city light. Premier Rental Market of Palmdale with tremendous rental upside .All units featuring Open Floor Plan with Bright and Airy rooms. Unit comes with covered parking space and easy access to Gated Parking. So convenient! Walking distance to many famous restaurants, supermarkets, pharmacies, hospitals, shops, schools, entertainment. Excellent **CASH FLOW** opportunity! Many new trendy development buildings and constructions are undergoing nearby. Great Potential of increase of the property value! The current in-place rents are all through HAP (Section 8), providing investors tremendous upside and value-add opportunity''
The median home value in Palmdale, CA is $494,945. This is lower than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Palmdale, CA is $494,945. Approximately 61.61% of Palmdale homes are owned, compared to 33.61% rented, while 4.78% are vacant. Palmdale real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Palmdale real estate agent to arrange a tour today!
Palmdale, California has a population of 167,987. Palmdale is more family-centric than the surrounding county with 35.76% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Palmdale, California is $70,858. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Palmdale is 32.6 years.
The average high temperature in July is 97.5 degrees, with an average low temperature in January of 32.8 degrees. The average rainfall is approximately 8.8 inches per year, with 0.2 inches of snow per year.