$525,000

Estimated payment $3,459/month

Total Views 1,324
5 Beds
2 Baths
1,770 Sq Ft
$297 Price per Sq Ft

About This Home

Welcome to this exciting investment opportunity in the thriving city of Palmdale! This versatile duplex features two separate units one offering 2 bedrooms and 1 bathroom, and the other with 3 bedrooms and 1 bathroom. One unit is currently tenant-occupied, while the other is vacant and ready to generate additional income or serve as an ideal owner-occupy option. Located in an area that's quickly growing and attracting both residents and investors, this duplex is perfectly positioned to benefit from Palmdale's ongoing development and strong rental demand. A fantastic chance to secure a cash-flowing property with future upside!

Last Listed By

Moises Arroyo

The Core Agency License #01853838 Listed on: 05/16/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,240

Year Built

  • Built in 1955

Lot Details

  • 7,238 Sq Ft Lot
  • Lot Dimensions are 62x116

Parking

  • Driveway

Interior Spaces

  • 1,770 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 3022-018-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,240

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1770
  • Lot Acreage: 0.1662
  • Lot Dimensions: 62x116
  • Year Built: 1955
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 296.61

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 75.00
  • Assessed Improvement Value: 307500
  • Assessed Land Percent: 25
  • Assessed Land Value: 102500
  • Total Assessed Value: 410000
  • Assessor Parcel Number: 3022-018-004
  • Lot Size Area: 7238

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: yes

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $6,240 $410,000 $102,500 $307,500
2023 $4,343 $268,047 $42,886 $225,161
2022 $4,183 $262,793 $42,046 $220,747
2021 $4,103 $257,641 $41,222 $216,419
2019 $3,806 $234,600 $35,700 $198,900
2018 $2,323 $107,507 $21,498 $86,009
2016 $2,183 $103,334 $20,664 $82,670
2015 $2,162 $101,783 $20,354 $81,429
2014 $2,145 $99,790 $19,956 $79,834
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 For Sale $525,000 +28.0% $297 / Sq Ft
08/21/2023 08/21/23 Sold $410,000 +6.5% $232 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $385,000 +67.4% $218 / Sq Ft
02/13/2018 02/13/18 Sold $230,000 0.0% $130 / Sq Ft
01/09/2018 01/09/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $230,000 -- $130 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Deed -- Orange Coast Title Company
Grant Deed $410,000 Orange Coast Title
Grant Deed -- None Available
Quit Claim Deed -- None Available
Grant Deed -- Pacific Coast Title Company
Grant Deed $230,000 Pacific Coast Title Company
Grant Deed $95,000 First American Title Ins Co
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- United Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- North American Title
Grant Deed $165,000 Fidelity National Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $307,500 New Conventional
Previous Owner $225,000 New Conventional
Previous Owner $230,000 VA
Previous Owner $76,000 Purchase Money Mortgage
Previous Owner $260,000 New Conventional
Previous Owner $32,500 Credit Line Revolving
Previous Owner $221,000 Fannie Mae Freddie Mac
Previous Owner $163,200 New Conventional
Previous Owner $124,000 Purchase Money Mortgage
Source: Public Records

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Source: The MLS

MLS Number: 25540105

The MLS

APN: 3022-018-004