B
Seller's Agent in 2021
Bob Braun
Coldwell Banker Realty
(949) 375-7405
1 in this area
10 Total Sales
38451 10th Place E Palmdale, CA 93550
East Palmdale NeighborhoodEstimated Value: $780,000 - $843,000
8
Beds
5
Baths
3,578
Sq Ft
$226/Sq Ft
Est. Value
Highlights
- No HOA
- Central Heating and Cooling System
- Carpet
- Laundry Room
- Level Lot
About This Home
As of October 202138451 & 38457 10th Place East are available side by side 4 plexes. Get 8 units with residential financing. The buyer must purchase both properties. The units are in excellent shape and a lot of improvements have been completed over the last year. Rents are low due to long-term tenants. Great location. Subject to sellers 1031 exchange. Buyer to complete their own due diligence related to income, expenses, unit and lot size, and any other factors material to purchase.
Last Agent to Sell the Property
Coldwell Banker Realty License #01095290 Listed on: 07/26/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,826
Year Built
- Built in 1990
Lot Details
- 7,409 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Home Design
- 3,578 Sq Ft Home
- Quadruplex
- Composition Roof
Kitchen
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Parking
- 4 Parking Spaces
- 4 Carport Spaces
- Parking Available
- Assigned Parking
Additional Features
- Laundry Room
- Suburban Location
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 12
- Tax Tract Number 15688
- Assessor Parcel Number 3015003011
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Electric Expense $600
- Fuel Expense $600
- Gardener Expense $600
- Insurance Expense $1,053
- Pest Control $580
- Trash Expense $855
- Water Sewer Expense $855
- New Taxes Expense $7,975
- Operating Expense $13,118
- Gross Income $45,126
- Net Operating Income $31,758
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 10, 2023
Sold by
Gaj Market Holdings Llc
Bought by
Sunrise1 Holdings Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$146,856
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$663,125
Purchase Details
Listed on
Jul 26, 2021
Closed on
Sep 24, 2021
Sold by
Jenner Floyd E and Jenner Alene K
Bought by
Gaj Market Holdings Llc
Seller's Agent
Bob Braun
Coldwell Banker Realty
Buyer's Agent
Ramin Ghamsari
Re/Max Grand
List Price
$725,000
Sold Price
$675,000
Premium/Discount to List
-$50,000
-6.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%
Original Mortgage
$130,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 20, 1994
Sold by
California Federal Bank Fsb
Bought by
Jenner Floyd E
Purchase Details
Closed on
Dec 23, 1993
Sold by
Cal Fed Service Corp
Bought by
California Federal Bank Fsb
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sunrise1 Holdings Llc | $750,000 | Priority Title | |
| Gaj Market Holdings Llc | $675,000 | Fidelity National Title Co | |
| Jenner Floyd E | $71,000 | First American Title Ins Co | |
| California Federal Bank Fsb | $174,273 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sunrise1 Holdings Llc | $150,000 | |
| Closed | Sunrise1 Holdings Llc | $675,000 | |
| Previous Owner | Gaj Market Holdings Llc | $130,000 | |
| Previous Owner | Gaj Market Holdings Llc | $130,000 | |
| Previous Owner | Gaj Market Holdings Llc | $520,000 | |
| Previous Owner | Jenner Floyd E | $67,000 | |
| Previous Owner | Jenner Floyd E | $51,000 | |
| Previous Owner | Jenner Floyd E | $15,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/13/2021 10/13/21 | Sold | $675,000 | 0.0% | $189 / Sq Ft |
| 08/25/2021 08/25/21 | Price Changed | $675,000 | -6.9% | $189 / Sq Ft |
| 08/12/2021 08/12/21 | For Sale | $725,000 | +7.4% | $203 / Sq Ft |
| 08/07/2021 08/07/21 | Off Market | $675,000 | -- | -- |
| 07/26/2021 07/26/21 | For Sale | $725,000 | -- | $203 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2025 | $11,826 | $765,000 | $229,500 | $535,500 |
| 2024 | $11,826 | $750,000 | $225,000 | $525,000 |
| 2023 | $11,032 | $688,500 | $132,600 | $555,900 |
| 2022 | $10,607 | $675,000 | $130,000 | $545,000 |
| 2021 | $3,835 | $106,748 | $31,393 | $75,355 |
| 2019 | $3,760 | $103,584 | $30,463 | $73,121 |
| 2018 | $3,715 | $101,554 | $29,866 | $71,688 |
| 2016 | $3,525 | $97,612 | $28,707 | $68,905 |
| 2015 | $3,480 | $96,146 | $28,276 | $67,870 |
| 2014 | $3,463 | $94,264 | $27,723 | $66,541 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Ramin Ghamsari
RE/MAX
(818) 921-7391
1 in this area
15 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP21162345
APN: 3015-003-011
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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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