
120 E Avenue q7 Palmdale, CA 93550
East Palmdale NeighborhoodAbout This Home
As of July 2025Great 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, Broker Brokerage Phone: 562-888-1988 License #01158947 Listed on: 11/28/2023
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
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Similar Homes in Palmdale, CA
Home Values in the Area
Average Home Value in this Area
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 | -- | -- |
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 |
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 |
Tax History Compared to Growth
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 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Sam Theodory
Preferred Real Estate and Investments Inc.
(714) 920-0773
3 in this area
29 Total Sales
-
E
Seller Co-Listing Agent in 2025
Evette Khair
Preferred Real Estate and Investments Inc.
(661) 949-2477
1 Total Sale
-
Seller's Agent in 2024
Henry Ayala
Henry Ayala, Broker
(562) 888-1988
1 in this area
14 Total Sales
-
C
Seller's Agent in 2015
Cathy Wood
Century 21 Hilltop
-
N
Buyer's Agent in 2015
Non Member
Non Member Office
-
J
Seller's Agent in 2014
Jaime Meza
Cobblestone Realty Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW23217439

APN: 3008-023-015
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