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Listed by Robert Proano • Realty One Group United
$ 849,000
Est. payment /mo
Price Dropped by $50K
38501 Larkin Avenue Palmdale, CA 93550
3,466 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,466 sqft
Price per Sqft $244
MLS Listing ID SB-25101904
Year Built 1989
Lot Size 8,026 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
Laundry Common Area
Exterior
Parking Features Gated
Pool None
Community Features Curbs
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer