NOT LISTED FOR SALE
28 Beds
27 Baths
12,960 Sq Ft
0.55 Acre Lot

Sale Details

Date Sold: October 29, 2020

Last sale price $2,000,000 $154 Per Sq Ft

36 Days on Market

About This Home

As of October 2020

We are proud to present 14 units located at 1140 E Avenue Q12 in Palmdale, California. The property sits on 23,922 SF lot with 12,960 SF of rentable area and is comprised of an excellent mix of 12 spacious two bedroom / two bathroom units and 2- two bedroom / one and a half bathroom two story townhomes. The property has been extensively renovated and features on-site gated parking, balconies, fireplaces, new A/C units and additional income from the property owned coin laundry room. This property was on the market in 2019 where we received over a dozen offers and went in and out of escrow a few times. The issue that kept coming up was that the roof was old and there were some leaking issues. The sellers decided to take the property off the market, spend an estimated $100,000, and completely replace the roof.

Last Agent to Sell the Property

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 07/29/2020

Last Buyer's Agent

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 07/29/2020

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 23,922 Sq Ft Lot
  • Lot Dimensions are 122x195

Parking

  • 14 Parking Spaces

Interior Spaces

  • 12,960 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 28 Bedrooms
  • 27 Bathrooms

Community Details

  • 2 Buildings
  • 14 Units

Listing and Financial Details

  • Assessor Parcel Number 3014-003-038

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0.55 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 12960
  • Lot Acreage: 0.5492
  • Lot Dimensions: 122x195
  • Stories: 2
  • Year Built: 1988
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 28
  • Total Bathrooms: 27.00
  • Price Per S Q F T: 153.94

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Total Parking: 14

Lot Info

  • Assessed Improvement Percent: 85.00
  • Assessed Improvement Value: 562990
  • Assessed Land Percent: 15
  • Assessed Land Value: 99351
  • Total Assessed Value: 662341
  • Assessor Parcel Number: 3014-003-038
  • Lot Size Area: 23922

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.25
  • Number Of Units: 14
  • Type Of Units: Standard

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
Aug 14, 2020
Sold by
Acre Street Llc
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
$1,400,000
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 5, 2020
Sold by
Semerjian Angineh
Bought by
Semerjian Gary

Purchase Details

Closed on
Nov 4, 2019
Sold by
Acre Street Llc
Bought by
Sernerdijian John H and Semerjian Gary

Purchase Details

Closed on
Aug 22, 2014
Sold by
Semerdjian John H
Bought by
Acre Street Llc

Purchase Details

Closed on
May 24, 2014
Sold by
Semerjian Group Llc
Bought by
Semerjian John H and Semerjian Gary

Purchase Details

Closed on
Dec 9, 2011
Sold by
Semerdzhyan Gary
Bought by
Semerjian Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 23, 2011
Sold by
Semerdzhyan Angineh
Bought by
Semerdzhyan Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 15, 2011
Sold by
Burbank Investor Services Inc
Bought by
Semerdzhyan Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 4, 2011
Sold by
Mira Loma Investments Llc
Bought by
Burbank Investors Services

Purchase Details

Closed on
Sep 17, 2010
Sold by
Equity Holding Corp
Bought by
Mira Loma Investments Llc

Purchase Details

Closed on
May 26, 2010
Sold by
Reinoso Jaime
Bought by
Equity Holding Corp and The Osonier Einiaj Trust #10043190

Purchase Details

Closed on
Feb 9, 2009
Sold by
Reinoso Jaime
Bought by
Mira Loma Investments Llc

Purchase Details

Closed on
Feb 8, 2009
Sold by
Mira Loma Investments Llc
Bought by
Reinoso Jaime

Purchase Details

Closed on
Oct 10, 2007
Sold by
Mira Loma Investments Llc
Bought by
Mira Loma Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$861,250
Interest Rate
6.42%
Mortgage Type
Commercial

Purchase Details

Closed on
May 4, 2007
Sold by
Prime Time R E Investments Llc
Bought by
Mira Loma Investments Llc

Purchase Details

Closed on
Aug 31, 2006
Sold by
Major Investments Llc
Bought by
Primetime Re Investments Llc

Purchase Details

Closed on
May 14, 2002
Sold by
Bayat Bahman
Bought by
Major Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
6.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 1998
Sold by
Washington Mutual Bank Fa
Bought by
Bayat Bahman and Bayat Mohammad

Purchase Details

Closed on
Oct 19, 1998
Sold by
Bayat Shahin
Bought by
Bayat Bahman

Purchase Details

Closed on
Jun 25, 1998
Sold by
Lopez Leonardo M
Bought by
Home Svgs Of America Fsb

Purchase Details

Closed on
Nov 7, 1996
Sold by
Lopez Leonardo M
Bought by
Lopez Leonardo M and Lopz Iris A
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in East Palmdale, CA

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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
-- Ticor Title
Jd Star Realty Llc $2,000,000 Ticor Title
Semerjian Gary -- Ticor Title
Semerdjian John -- Ticor Title
Sernerdijian John H -- None Available
Acre Street Llc -- None Available
Semerjian John H -- None Available
Semerjian Group Llc -- Fidelity National Title Grou
Semerdzhyan Gary -- Lawyers Title Sd
Semerdzhyan Gary $600,000 Lawyers Title Sd
Burbank Investors Services $937,000 None Available
Mira Loma Investments Llc -- None Available
Equity Holding Corp -- None Available
Mira Loma Investments Llc -- None Available
Reinoso Jaime -- None Available
Mira Loma Investments Llc -- Fidelity
Mira Loma Investments Llc -- None Available
Primetime Re Investments Llc -- None Available
Major Investments Llc $450,000 First American Title Ins Co
Bayat Bahman -- Investors Title Company
Bayat Bahman -- Investors Title Company
Home Svgs Of America Fsb $250,000 Commonwealth Land Title Co
Lopez Leonardo M -- --
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
Previous Owner $1,400,000
Previous Owner Semerjian Group Llc $220,000
Previous Owner Semerdzhyan Gary $200,000
Previous Owner Mira Loma Investments Llc $861,250
Previous Owner Major Investments Llc $292,500
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
10/29/2020 10/29/20 Sold $2,000,000 +0.3% $154 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $1,995,000 -- $154 / Sq Ft
Source: The MLS

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
2026 $36,238 $2,208,159 $331,223 $1,876,936
2025 $36,238 $2,164,863 $324,729 $1,840,134
2024 $34,146 $2,122,415 $318,362 $1,804,053
2023 $33,859 $2,080,800 $312,120 $1,768,680
2022 $32,619 $2,040,000 $306,000 $1,734,000
2021 $32,000 $2,000,000 $300,000 $1,700,000
2020 $16,600 $707,078 $105,431 $601,647
2019 $16,457 $693,297 $103,364 $589,933
2018 $16,258 $679,787 $101,338 $578,449
2016 $18,775 $959,410 $144,165 $815,245
2015 $18,607 $945,000 $142,000 $803,000
2014 $14,977 $627,073 $94,061 $533,012
Source: Public Records

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Map

Source: The MLS

MLS Number: 20-611276

The MLS
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