NOT LISTED FOR SALE

38478 4th St E Palmdale, CA 93550

East Palmdale Neighborhood
4 Beds
4 Baths
8,290 Sq Ft
0.37 Acres

Last Sold February 09, 2012

Last sale price $500,000 $60 Per Sq Ft

Highlights

  • 0.37 Acre Lot
  • No HOA
  • Laundry Room
  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window

About This Home

As of February 2012

Two 6 Unit buildings - Close to freeways, Shopping and transportation. Spacious Units includes A/C, Oven/Range and carport. One bedroom, one bath and two bedroom, two bath units. Owner liquidating, call Listing Agent for details.

Last Agent to Sell the Property

Josh Breaux

No Firm Affiliation License #00678399 Listed on: 12/28/2011

Co-Listed By

Veronica Benavidez

No Firm Affiliation License #01465568

Last Buyer's Agent

Veronica Benavidez

No Firm Affiliation License #01465568

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 0.37

Home Design

  • 8,290 Sq Ft Home
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Frame Construction
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 12 Parking Spaces
  • 12 Carport Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Laundry Room
  • Exterior Lighting
  • 0.37 Acre Lot
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 3008015024

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 12 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • 13 Separate Electric Meters
  • 13 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $650
  • Gardener Expense $900
  • Insurance Expense $1,750
  • Maintenance Expense $7,800
  • Other Expense $850
  • Trash Expense $950
  • Water Sewer Expense $4,850
  • New Taxes Expense $6,862
  • Gross Income $7,150
  • Net Operating Income $58,258

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • CapRate: 10.60
  • Other Phone Number: 818-380-5211
  • Water Sewer Expenses: 4850.00
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 3008015024
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 60.31

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Carport Spaces: 12.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Electricity Available
  • Laundry: Yes
  • Laundry Features: Community
  • Trash Expense: 950.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Size Sq Ft: 16204.00
  • Lot Size Acres: 0.3700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 680
  • Average2 Bed Area: 740
  • Electric Expense: 650.00
  • Gross Income: 7150.00
  • Gross Multiplier: 6.39
  • Gross Scheduled Income: 85800.00
  • Insurance Expense: 1750.00
  • Lot Size Area: 16204.0000 Square Feet
  • Maintenance Expense: 7800.00
  • Net Operating Income: 58258.00
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 13
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 12
  • Number With Range: 12
  • Operating Expense: 24967.00
  • Operating Expense Percent: 30.00
  • Other Expense: 850.00
  • Rent Control: No
  • Total Actual Rent: 4530.00
  • Vacancy Allowance: 2574
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 6862.00
  • Tax Year: 2010

Range of Values:

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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 Change Sq Ft Price
02/09/2012 02/09/12 Sold $500,000 -- $60 / Sq Ft
12/28/2011 12/28/11 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Josh Breaux

    Seller's Agent in 2012

    Josh Breaux

    No Firm Affiliation

    (818) 380-5211

    Section Image

  • V

    Seller Co-Listing Agent in 2012

    Veronica Benavidez

    No Firm Affiliation

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F11076759

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Palmdale 93550 East Palmdale

38478 4th St E, Palmdale, CA

This home is located at 38478 4th St E, Palmdale, CA 93550 since 28 December 2011. This property was built in 1973. 38478 4th St E is a home located in Los Angeles County with nearby schools including Yucca Elementary School, David G. Millen Intermediate, and Highland High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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