$725,000
SOLD MAY 8, 2024
6 Beds
4 Baths
3,740 Sq Ft
6,743 Sq Ft Lot

Recently Sold

$194 Per Sq Ft

19% Below List Price

86 Days on Market

About This Home

As of July 2025

Great Rental Income Producing Property in Palmdale, CA. Property features 4 units. 2 upstairs units each consists of 2 bedrooms 1 bath and 2 downstairs units each consists of 1 bedroom 1 bath. This property is conveniently located and close to freeway, shopping, restaurants, super markets, schools, Metro link greyhound, and many other sources of transportation. This one is a must see!!

Last Agent to Sell the Property

Henry Ayala

Henry Ayala, Broker Brokerage Phone: 562-888-1988 License #01158947 Listed on: 11/28/2023

Last Buyer's Agent

Sam Theodory

Preferred Real Estate & Inv. License #01501831

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,900

Year Built

  • Built in 1981

Lot Details

  • 6,743 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Apartment

Interior Spaces

  • 3,740 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 57
  • Tax Tract Number 18623
  • Assessor Parcel Number 3008023015
  • $2,660 per year additional tax assessments

Community Details

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $30
  • Insurance Expense $125
  • Professional Management Expense $300
  • Trash Expense $180
  • Water Sewer Expense $150
  • Operating Expense $785
  • Gross Income $68,400
  • Net Operating Income $52,980

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,900

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 190000
  • Professional Management Expense: 300.00
  • Property Attached: Yes
  • Water Sewer Expenses: 150.00
  • Zoning: PDR3*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 3008023015
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: side
  • Common Walls: 1 Common Wall
  • Entry Level: 2
  • Price Per Square Foot: 193.85

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 180.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6743.00
  • Lot Size Acres: 0.1548

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 30.00
  • Gross Income: 68400.00
  • Gross Scheduled Income: 62400.00
  • Insurance Expense: 125.00
  • Lot Size Area: 6743.0000 Square Feet
  • Net Operating Income: 52980.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 9420.00
  • Rent Control: No
  • Total Expenses: 785.00

Tax Info

  • Tax Census Tract: 9104.05
  • Tax Lot: 57
  • Tax Tract Number: 18623
  • TaxOtherAnnualAssessmentAmount: 2660.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2025
Sold by
Hababa Fadi and Baraya Fadi
Bought by
Jangozian Ara and Knyazyan Hermine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 28, 2023
Closed on
May 1, 2024
Sold by
Noaman Reem Saed Admon
Bought by
Hababa Fadi
Seller's Agent
Henry Ayala
Henry Ayala, Broker
Buyer's Agent
Sam Theodory
Preferred Real Estate & Inv.
List Price
$900,000
Sold Price
$725,000
Premium/Discount to List
-$175,000
-19.44%
Views
160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.23%
Original Mortgage
$580,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2015
Closed on
Jun 17, 2015
Sold by
Landaverde Grace
Bought by
Miller Gary Lee
Seller's Agent
Cathy Wood
Century 21 Hilltop
Buyer's Agent
Non Member
Non Member Office
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$273,750
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2015
Closed on
May 26, 2015
Sold by
Larmouth William
Bought by
Miller Gary Lee
Seller's Agent
Cathy Wood
Century 21 Hilltop
Buyer's Agent
Non Member
Non Member Office
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2014
Closed on
Aug 15, 2014
Sold by
Arana Arnulfo
Bought by
Larmouth William and Larmouth Suzanne
Seller's Agent
Jaime Meza
Cobblestone Realty Inc.
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%

Purchase Details

Closed on
Oct 3, 2012
Sold by
Verdino Luana Iris
Bought by
Arana Arnulfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,286
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 2011
Sold by
Aurora Loan Services Llc
Bought by
Verdino Luana Iris

Purchase Details

Closed on
Sep 13, 2010
Sold by
Enriquez Norberto A
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jul 20, 2010
Sold by
Enriquez Norberto A
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Oct 7, 2004
Sold by
Guerra Angela Dolores Palma
Bought by
Enriquez Norberto A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2004
Sold by
Butler Vivian
Bought by
Enriquez Norberto A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2003
Sold by
Washington Marilyn L
Bought by
Butler Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,283
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 9, 2001
Sold by
Washington Marilyn L
Bought by
Washington Marilyn L and Coffee Kimberly F

Purchase Details

Closed on
Mar 2, 1999
Sold by
Dankner Liak
Bought by
Washington Marilyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.91%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 8, 1999
Sold by
Dankner Limor K
Bought by
Dankner Liad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.91%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 24, 1997
Sold by
Bank Of Stockdale Fsb
Bought by
Dankner Liad

Purchase Details

Closed on
Dec 1, 1997
Sold by
Fuller Leslie
Bought by
Bank Of Stockdale Fsb

Purchase Details

Closed on
Apr 14, 1994
Sold by
Century Title & Guaranty Co
Bought by
Paramount Bank Fsb

Purchase Details

Closed on
Jan 4, 1994
Sold by
Barlow Danielle
Bought by
Mah Bryan K

Purchase Details

Closed on
Nov 12, 1993
Sold by
Freeman Robert W
Bought by
Barlow Danielle
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $835,000 California Best Title
Grant Deed -- Wfg National Title
Grant Deed $725,000 Wfg National Title
Interfamily Deed Transfer -- None Available
Grant Deed $385,000 Chicago Title Company
Grant Deed $365,000 Lawyers Title
Grant Deed $205,000 Stewart Title Of California
Grant Deed $150,500 Lsi Title Company Ca
Trustee Deed $431,873 Accommodation
Trustee Deed $422,068 Accommodation
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $460,000 Chicago Title Company
Grant Deed $190,000 Chicago Title Co
Interfamily Deed Transfer -- --
Grant Deed $95,000 Universal Title Company
Gift Deed -- Fidelity National Title Co
Grant Deed $71,000 --
Trustee Deed $70,386 --
Trustee Deed $163,003 Gateway Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $618,750 New Conventional
Previous Owner $580,000 New Conventional
Previous Owner $260,000 New Conventional
Previous Owner $273,750 New Conventional
Previous Owner $201,286 FHA
Previous Owner $352,000 Purchase Money Mortgage
Previous Owner $192,283 FHA
Previous Owner $40,000 Stand Alone Second
Previous Owner $94,223 No Value Available
Closed $11,700 No Value Available
Closed $44,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Sold $835,000 -2.8% $223 / Sq Ft
05/01/2025 05/01/25 Pending -- -- --
04/30/2025 04/30/25 For Sale $859,000 +2.9% $230 / Sq Ft
04/28/2025 04/28/25 Off Market $835,000 -- --
04/11/2025 04/11/25 Price Changed $859,000 -0.6% $230 / Sq Ft
04/07/2025 04/07/25 For Sale $864,000 +3.5% $231 / Sq Ft
04/06/2025 04/06/25 Off Market $835,000 -- --
03/26/2025 03/26/25 For Sale $864,000 +19.2% $231 / Sq Ft
05/08/2024 05/08/24 Sold $725,000 0.0% $194 / Sq Ft
03/06/2024 03/06/24 Off Market $725,000 -- --
01/02/2024 01/02/24 Price Changed $760,000 -10.6% $203 / Sq Ft
12/08/2023 12/08/23 Price Changed $849,900 -5.6% $227 / Sq Ft
11/28/2023 11/28/23 For Sale $900,000 +140.0% $241 / Sq Ft
07/10/2015 07/10/15 Sold $375,000 0.0% $100 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $375,000 +2.7% $100 / Sq Ft
09/24/2014 09/24/14 Sold $365,000 -2.7% $98 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $375,000 +82.9% $100 / Sq Ft
12/27/2012 12/27/12 Sold $205,000 -10.9% $55 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
07/30/2012 07/30/12 For Sale $230,000 -- $61 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $7,900 $435,213 $66,150 $369,063
2023 $7,831 $426,680 $64,853 $361,827
2022 $7,553 $418,315 $63,582 $354,733
2021 $7,384 $410,114 $62,336 $347,778
2019 $7,191 $397,951 $60,488 $337,463
2018 $7,092 $390,149 $59,302 $330,847
2016 $6,631 $375,000 $57,000 $318,000
2015 $6,524 $365,000 $55,000 $310,000
2014 -- $205,929 $31,140 $174,789
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23217439

California Regional Multiple Listing Service (CRMLS)

APN: 3008-023-015