NOT LISTED FOR SALE

341 E Avenue q7 Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $505,000 - $590,000

4 Beds
3 Baths
-- Sq Ft
6,316 Sq Ft Lot

Sale Details

Date Sold: November 13, 2024

Last sale price $525,000 $0 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,467 / mo

13 Days on Market

Highlights

  • Gated Home
  • Level Lot
  • 1-Story Property

About This Home

As of November 2024

Discover this three-unit income property featuring a charming front house with 2 bedrooms and 1 bathroom, alongside a duplex with two 1-bedroom, 1-bathroom units in the back. This property is Section 8 approved, ensuring a steady stream of rental income from reliable tenants. Currently undergoing upgrades, the front house is getting brand new flooring to enhance its appeal. Located in a desirable Palmdale neighborhood, the property offers convenient access to local amenities and public transportation. Each unit has an ideal layout, catering to tenant needs. Don't miss this opportunity to invest in a well-maintained property with strong income potential!

Last Agent to Sell the Property

Tyler Brand

eXp of Northern California, In License #02214185 Listed on: 09/19/2024

Last Buyer's Agent

Ash Ghavami

Re/Max Luxe License #01994702

Re/Max Luxe

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • Gated Home
  • Level Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Additional Features

  • 1-Story Property
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 3008-016-036

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Net Operating Income $49,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

6,316 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Cross Street: 5th street East; Palmdale Blvd
  • LP / Sq Ft: 7.89
  • Stories: 1 Story
  • Sale Price List Price: 0.99
  • Total Stories: 1
  • Year Built: 1967
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Vinyl
  • Fencing: Gate
  • Roof: Composition

Utilities

  • Cooling: Wall/Window

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Assessor Parcel Number: 3008-016-036

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 49200
  • Gross Rent Multiplier Actual: 10.0
  • Gross Rent Multiplier Projected: 8.0
  • Number Of Buildings: 2
  • Number Of Furnished Units: 1
  • Number Of Units With Cooling: 3
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 3
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3

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

Listed on
Sep 19, 2024
Closed on
Oct 16, 2024
Sold by
Bought by
Seller's Agent
Tyler Brand
eXp of Northern California, In
Buyer's Agent
Ash Ghavami
Re/Max Luxe
List Price
$529,999
Sold Price
$525,000
Premium/Discount to List
-$4,999
-0.94%
Views
10
Current Estimated Value
$539,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,745
Avg. Annual Appreciation
1.68%
Original Mortgage
$446,250
Interest Rate
0.0612%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2001
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
$75,000
Interest Rate
0.0925%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 7, 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
$59,900
Interest Rate
0.0822%

Purchase Details

Closed on
Mar 24, 1997
Sold by
Bought by

Purchase Details

Closed on
Jul 10, 1996
Sold by
Bought by

Purchase Details

Closed on
Nov 21, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$525,000 Lawyers Title Company
$1,000 Chicago Title Co
$75,000 South Coast Title
-- Lawyers Title
-- Continental Title
$50,000 Chicago Title Co
-- Chicago Title
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
Open $446,250
Previous Owner $188,000
Previous Owner $168,000
Previous Owner $55,000
Previous Owner $100,000
Previous Owner $75,000
Previous Owner $59,900
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
11/13/2024 11/13/24 Sold $525,000 -0.9% --
10/03/2024 10/03/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $529,999 +1.0% --
09/19/2024 09/19/24 Off Market $525,000 -- --
09/19/2024 09/19/24 For Sale $529,999 -- --
Source: San Diego 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
2025 $7,228 $525,000 $158,000 $367,000
2024 $2,293 $141,792 $35,441 $106,351
2023 $2,274 $139,013 $34,747 $104,266
2022 $2,179 $136,288 $34,066 $102,222
2021 $2,128 $133,617 $33,399 $100,218
2020 $2,080 $132,568 $33,057 $99,511
2019 $2,044 $129,976 $32,409 $97,567
2018 $2,023 $127,435 $31,774 $95,661
2016 $1,860 $122,181 $30,541 $91,640
2015 $1,853 $120,347 $30,083 $90,264
2014 $1,859 $117,990 $29,494 $88,496
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Tyler Brand

    eXp of Northern California, In

    Section Image
  • Ash Ghavami

    Buyer's Agent in 2024

    Ash Ghavami

    RE/MAX

    (818) 917-8459

    2 in this area

    62 Total Sales

    Ash Ghavami
    Section Image

  • A

    Buyer's Agent in 2024

    Ashkan Etemad-Sadati

    Re/Max Luxe

See All Agents

Map

Source: San Diego MLS

MLS Number: 240022309

San Diego MLS

APN: 3008-016-036

California Los Angeles County Palmdale 93550 East Palmdale

341 E Avenue q7, Palmdale, CA

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.

San Diego MLS This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.