M
Seller's Agent in 2016
Matthew Sullivan
Lee & Associates Investment Se
38050 11th St E Palmdale, CA 93550
East Palmdale Neighborhood
2
Beds
2
Baths
26,392
Sq Ft
1
Acres
Highlights
- Private Pool
- 1 Acre Lot
- Fireplace in Bathroom
About This Home
As of September 2016Known as the Pinecrest Apartments, the subject property features 32 units in two-story low rise apartment buildings. Ample parking available. Built in 1989. The property can be purchased individually or as part of a five (5) multi-family property portfolio. Located in Palmdale, the subject property is located just minutes east of the 14 freeway.
Last Agent to Sell the Property
Matthew Sullivan
Lee & Associates Investment Se License #00848427 Listed on: 03/24/2016
Last Buyer's Agent
Matthew Sullivan
Lee & Associates Investment Se License #00848427 Listed on: 03/24/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1989
Lot Details
- 1 Acre Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 47 Car Garage
Home Design
- 26,392 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
- Fireplace in Bathroom
Outdoor Features
- Private Pool
- Exterior Lighting
Location
- Suburban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Assessor Parcel Number 3014003026
Community Details
Overview
- 5 Buildings
- 32 Units
Recreation
- Community Pool
Building Details
- 32 Separate Electric Meters
- 32 Separate Gas Meters
- 32 Separate Water Meters
- Insurance Expense $7,604
- Pest Control $1,020
- Pool Expense $1,020
- Professional Management Expense $23,142
- Trash Expense $23,147
- New Taxes Expense $38,467
- Gross Income $24,650
- Net Operating Income $150,269
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/02/2016 09/02/16 | Sold | $2,550,000 | -7.3% | $97 / Sq Ft |
| 03/29/2016 03/29/16 | Pending | -- | -- | -- |
| 02/15/2016 02/15/16 | For Sale | $2,750,000 | -- | $104 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2025 | $53,638 | $2,959,488 | $443,922 | $2,515,566 |
| 2024 | $53,638 | $2,901,460 | $435,218 | $2,466,242 |
| 2023 | $53,246 | $2,844,570 | $426,685 | $2,417,885 |
| 2022 | $51,451 | $2,788,795 | $418,319 | $2,370,476 |
| 2021 | $50,398 | $2,734,114 | $410,117 | $2,323,997 |
| 2019 | $49,200 | $2,662,620 | $397,953 | $2,264,667 |
| 2018 | $48,566 | $2,610,600 | $390,150 | $2,220,450 |
| 2016 | $43,649 | $2,340,307 | $352,081 | $1,988,226 |
| 2015 | $45,536 | $2,305,154 | $346,793 | $1,958,361 |
| 2014 | $42,809 | $762,585 | $74,865 | $687,720 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR16032366
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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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