NOT LISTED FOR SALE

38238 11th St E Palmdale, CA 93550

East Palmdale Neighborhood
3 Beds
3 Baths
24,856 Sq Ft
1 Acres

Last Sold September 02, 2016

Last sale price $2,550,000 $103 Per Sq Ft

43 Days on Market

About This Home

As of September 2016

This home is located at 38238 11th St E, Palmdale, CA 93550 since 24 March 2016. This property was built in 1985. 38238 11th St E is a home located in Los Angeles County with nearby schools including Tamarisk Elementary School, David G. Millen Magnet Academy, and Palmdale High School.

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 1985

Lot Details

  • 1 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 54 Car Garage

Home Design

  • 24,856 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 27
  • Tax Tract Number 7682
  • Assessor Parcel Number 3014028002

Community Details

Overview

  • 36 Units

Building Details

  • 36 Separate Electric Meters
  • 36 Separate Gas Meters
  • 36 Separate Water Meters
  • Insurance Expense $8,064
  • Pest Control $1,020
  • Professional Management Expense $13,994
  • Trash Expense $23,940
  • New Taxes Expense $37,767
  • Gross Income $24,370
  • Net Operating Income $132,905

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Parking

54

Listing Details

  • Professional Management Expense: 13994.00
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 3014028002
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 102.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 54.00
  • Total Parking Spaces: 108.00

Utilities

  • Utilities: Sewer Available
  • Pest Control Expense: 1020.00
  • Trash Expense: 23940.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 43523.00
  • Price Per Lot Square Foot: 58.59
  • Lot Size Acres: 0.9990

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 24370.00
  • Gross Scheduled Income: 279870.00
  • Insurance Expense: 8064.00
  • Lot Size Area: 43523.0000 Square Feet
  • Net Operating Income: 132905.00
  • Number Of Separate Electric Meters: 36
  • Number Of Separate Gas Meters: 36
  • Number Of Separate Water Meters: 36
  • Number Of Units Total: 36
  • Operating Expense: 144965.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 37767.00
  • Tax Lot: 27
  • Tax Tract Number: 7682

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2016 09/02/16 Sold $2,550,000 -5.6% $103 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $2,700,000 -- $109 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Matthew Sullivan

    Lee & Associates Investment Se

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16032329

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Palmdale 93550 East Palmdale

38238 11th St E, Palmdale, CA

Not Listed for Sale

MultiFamily

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