Seller's Agent in 2019
Darel Rosen
First Team Real Estate
(949) 291-5088
1 in this area
69 Total Sales
1050 E Avenue q3 Palmdale, CA 93550
East Palmdale Neighborhood
3
Beds
3
Baths
15,360
Sq Ft
1.01
Acre Lot
Highlights
- 1.01 Acre Lot
- Hiking Trails
- Central Heating and Cooling System
- Community Lake
- Park
- Wrought Iron Fence
About This Home
As of September 2019Perfect investment opportunity to own 18 units, 6 One bedroom / One bathroom, and 12 Two Bedroom / Two bathroom units, 18 single car garages, plus ample parking within the gated complex. Property is located only minutes from Interstate 14. Retail stores are close by making this a very desirable location. Each unit has its own laundry area, AC, Living room, and breakfast area.
Last Agent to Sell the Property
First Team Real Estate License #01301108 Listed on: 07/17/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1990
Lot Details
- 1.01 Acre Lot
- Two or More Common Walls
- Wrought Iron Fence
- Density is up to 1 Unit/Acre
Parking
- 18 Car Garage
Home Design
- Property Attached
- Composition Roof
Interior Spaces
- 15,360 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Outdoor Features
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Private Water Source
- Sewer Paid
Listing and Financial Details
- Tenant pays for cable TV, gas
- Legal Lot and Block 25 / T6N
- Tax Tract Number 15688
- Assessor Parcel Number 3015002021
Community Details
Overview
- 4 Buildings
- 18 Units
- Community Lake
- Property is near a preserve or public land
Recreation
- Park
- Hiking Trails
- Bike Trail
Building Details
- 18 Separate Gas Meters
- Electric Expense $420
- Insurance Expense $7,000
- Professional Management Expense $16,800
- Trash Expense $2,532
- Water Sewer Expense $4,140
- New Taxes Expense $23,163
- Operating Expense $49,915
- Gross Income $3,600
- Net Operating Income $204,725
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 18, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,837,500
Interest Rate
0.031%
Mortgage Type
Commercial
Purchase Details
Listed on
Jul 17, 2019
Closed on
Aug 2, 2019
Sold by
Bought by
Seller's Agent
Darel Rosen
First Team Real Estate
Buyer's Agent
Darel Rosen
First Team Real Estate
List Price
$2,059,000
Sold Price
$2,080,000
Premium/Discount to List
$21,000
1.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,080,000
Interest Rate
0.038%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jul 22, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,025,000
Interest Rate
0.0401%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 22, 2015
Sold by
Bought by
Purchase Details
Closed on
Oct 4, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
0.0622%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 12, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
0.0811%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jul 18, 1995
Sold by
Bought by
Purchase Details
Closed on
Jun 9, 1995
Sold by
Bought by
Purchase Details
Closed on
May 5, 1995
Sold by
Bought by
Purchase Details
Closed on
Sep 1, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Orange Coast Title Co | ||
| $2,080,000 | Fidelity National Title Co | ||
| $1,325,000 | Lawyers Title | ||
| -- | None Available | ||
| -- | Fidelity National Title Co | ||
| -- | North American Title Co | ||
| -- | Pacific Title Guaranty Compa | ||
| -- | Southland Title | ||
| -- | Pacific Title Guaranty Compa | ||
| -- | Pacific Title Guaranty Co | ||
| $350,000 | Pacific Title Guaranty Compa |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $1,837,500 | ||
| Previous Owner | $2,080,000 | ||
| Previous Owner | $120,000 | ||
| Previous Owner | $1,025,000 | ||
| Previous Owner | $1,050,000 | ||
| Previous Owner | $525,000 | ||
| Previous Owner | $480,000 | ||
| Previous Owner | $412,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/06/2019 09/06/19 | Sold | $2,080,000 | 0.0% | $135 / Sq Ft |
| 07/28/2019 07/28/19 | Pending | -- | -- | -- |
| 07/24/2019 07/24/19 | Off Market | $2,080,000 | -- | -- |
| 07/17/2019 07/17/19 | For Sale | $2,059,000 | -- | $134 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $40,005 | $2,274,779 | $344,496 | $1,930,283 |
| 2024 | $37,586 | $2,230,177 | $337,742 | $1,892,435 |
| 2023 | $37,284 | $2,186,449 | $331,120 | $1,855,329 |
| 2022 | $35,953 | $2,143,578 | $324,628 | $1,818,950 |
| 2021 | $35,242 | $2,101,548 | $318,263 | $1,783,285 |
| 2020 | $34,699 | $2,080,000 | $315,000 | $1,765,000 |
| 2019 | $26,896 | $1,406,100 | $212,241 | $1,193,859 |
| 2018 | $26,552 | $1,378,530 | $208,080 | $1,170,450 |
| 2016 | $24,861 | $1,325,000 | $200,000 | $1,125,000 |
| 2015 | $19,726 | $873,682 | $138,581 | $735,101 |
| 2014 | $19,553 | $856,569 | $135,867 | $720,702 |
Source: Public Records
Agents Affiliated with this Home
-
Darel Rosen
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC19170513
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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