A
Seller's Agent in 2020
Allen Wessel
(661) 802-4442
35 Total Sales
38707 12th St E Palmdale, CA 93550
East Palmdale Neighborhood
84
Beds
84
Baths
42,120
Sq Ft
1.95
Acre Lot
Highlights
- 1.95 Acre Lot
- Central Heating and Cooling System
- Wood Siding
About This Home
As of December 2020This is a 38 unit complex (19 on each side) that is fully gated, two pools, security cameras with remote access, and the majority of units have been fully remodeled!A full brochure has been attached.One side comes with garages, while the other side has carports. Both structures have brand new roofs!Property is xeriscaped, and the shrubs and trees are on timers, so easy maintenance.There are two APN's and Addresses for this sale. APN 3015-006-015 and 3015-006-098. The two addresses are 38707 and 38675 12th st.Currently shows a 5.8 CAP, but once the rest of the leases renew at the market rate, you should be at a 6.5! Great opportunity!Currently we have zero vacancies with a waiting list.Rehabs included new flooring, new paint, new Granite Counters and stainless sinks, built-in USB phone charger in the kitchen, plus much more!About 80% of all the units have new HVAC units, hot water heaters, etc.Please contact listing agent for more information, do not disturb tenants
Last Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1984
Lot Details
- 1.95
Home Design
- 42,120 Sq Ft Home
- Frame Construction
- Wood Siding
- Stucco
Bedrooms and Bathrooms
- 84 Bedrooms
- 84 Bathrooms
Additional Features
- 1.95 Acre Lot
- Central Heating and Cooling System
Community Details
- 38 Units
Listing and Financial Details
- Assessor Parcel Number 3015-006-098
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
Closed on
Oct 2, 2020
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
$4,150,000
Interest Rate
0.027%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 26, 2013
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
$1,515,000
Interest Rate
0.036%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 29, 2010
Sold by
Bought by
Purchase Details
Closed on
Apr 24, 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
$1,184,000
Interest Rate
0.0811%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $5,750,000 | Fidelity National Title | ||
| $3,030,000 | Lawyers Title Company | ||
| $1,950,019 | First American Title | ||
| $1,430,000 | Continental 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 |
|---|---|---|---|
| Closed | $4,150,000 | ||
| Closed | $1,515,000 | ||
| Closed | $5,300,000 | ||
| Closed | $1,184,000 |
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 |
|---|---|---|---|---|
| 12/16/2020 12/16/20 | Sold | $5,750,000 | 0.0% | $137 / Sq Ft |
| 12/11/2020 12/11/20 | Pending | -- | -- | -- |
| 09/13/2020 09/13/20 | For Sale | $5,750,000 | -- | $137 / Sq Ft |
Source: Greater Antelope Valley Association of REALTORS®
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 | $50,964 | $3,050,291 | $457,867 | $2,592,424 |
| 2024 | $47,867 | $2,990,483 | $448,890 | $2,541,593 |
| 2023 | $47,468 | $2,931,847 | $440,089 | $2,491,758 |
| 2022 | $45,731 | $2,874,360 | $431,460 | $2,442,900 |
| 2021 | $44,862 | $2,818,000 | $423,000 | $2,395,000 |
| 2020 | $31,440 | $1,705,931 | $255,033 | $1,450,898 |
| 2019 | $31,125 | $1,672,594 | $250,033 | $1,422,561 |
| 2018 | $30,723 | $1,639,911 | $245,131 | $1,394,780 |
| 2016 | $28,671 | $1,570,755 | $235,613 | $1,335,142 |
| 2015 | $28,439 | $1,547,161 | $232,074 | $1,315,087 |
| 2014 | $29,651 | $1,516,855 | $227,528 | $1,289,327 |
Source: Public Records
Agents Affiliated with this Home
-
Allen Wessel
-
U
Buyer's Agent in 2020
Unknown Member
NON-MEMBER OFFICE
Map
Source: Greater Antelope Valley Association of REALTORS®
MLS Number: 20007373
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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