Mario Mariscal
Better Homes and Gardens RE
(562) 471-4695
103 Total Sales
1 in East Palmdale
$500,500 Price
547 E Avenue q12 Palmdale, CA 93550
East Palmdale Neighborhood
7
Beds
3
Baths
9,192
Sq Ft
0.5
Acre Lot
About This Home
As of October 2020Great 8 unit income property comprised of four (4) 4-bedroom / 2-bath units and four (4) 3-bedroom / 1.5-bath units situated on 21,974 Sqft lot. Excellent investment opportunity in a highly desirable rental area with low vacancy rate. Property is being sold with 100% tenant occupancy and 6% cap rate. Property sold in AS-IS condition - opportunity to add value and improve the investment even more. Please do not walk on the property or otherwise disturb tenants.
Last Agent to Sell the Property
FORTRESS CAPITAL PARTNERS INC. License #01728064 Listed on: 02/02/2020
Co-Listed By
ERIC LAGUARDIA
FORTRESS CAPITAL PARTNERS INC. License #02048700
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1981
Lot Details
- 21,974 Sq Ft Lot
- 1 Common Wall
Home Design
- 9,192 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Bathrooms
Utilities
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 49
- Assessor Parcel Number 3009010005
Community Details
Overview
- 4 Buildings
- 8 Units
Amenities
- Laundry Facilities
Building Details
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $35,047
- Gross Income $103,488
- Net Operating Income $68,441
Home Values in the Area
Average Home Value in this Area
Agents Specializing in East Palmdale, CA
-
Mario Mariscal
-
Roddy de la Garza
Roddy de la Garza
Epique Realty
(323) 615-1579
115 Total Sales
1 in East Palmdale
$453,500 Price
-
Donna Oehler
Donna Oehler
Realty Executives Platinum
(661) 485-4798
33 Total Sales
5 in East Palmdale
$198K - $355K Price Range
-
Aaron Aalcides
Aaron Aalcides
Epique Realty
(424) 344-4752
58 Total Sales
1 in East Palmdale
$515,000 Price
-
Claudia Macias
Claudia Macias
Elevate Real Estate Agency
(909) 413-4792
39 Total Sales
1 in East Palmdale
$483,000 Price
-
Henry Tran
Henry Tran
RE/MAX TIME REALTY
(909) 671-1671
73 Total Sales
1 in East Palmdale
$450,000 Price
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 |
|---|---|---|---|
| $1,000,000 | Lawyers Title Company | ||
| Lopez Rito | $750,000 | Lawyers Title Company | |
| Porichis John | -- | None Available | |
| Porichis John | $700,000 | Lawyers Title Company | |
| Boyadjian Boghos | $725,000 | North American 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 |
|---|---|---|---|
| Open | $1,260,000 | ||
| Closed | Ivy Hill Palmdale Llc | $650,000 | |
| Previous Owner | Lopez Rito | $500,000 | |
| Previous Owner | Lopez Rito | $425,000 | |
| Previous Owner | Lopez Rito | $348,000 | |
| Previous Owner | Porichis John | $500,000 | |
| Previous Owner | Boyadjian Boghos | $507,500 |
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 |
|---|---|---|---|---|
| 10/30/2020 10/30/20 | Sold | $1,000,000 | -9.1% | $109 / Sq Ft |
| 08/28/2020 08/28/20 | Pending | -- | -- | -- |
| 02/02/2020 02/02/20 | For Sale | $1,100,000 | -- | $120 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2026 | $19,486 | $1,104,078 | $165,611 | $938,467 |
| 2025 | $19,486 | $1,082,430 | $162,364 | $920,066 |
| 2024 | $18,205 | $1,061,207 | $159,181 | $902,026 |
| 2023 | $18,053 | $1,040,400 | $156,060 | $884,340 |
| 2022 | $17,412 | $1,020,000 | $153,000 | $867,000 |
| 2021 | $17,053 | $1,000,000 | $150,000 | $850,000 |
| 2019 | $14,703 | $810,439 | $121,204 | $689,235 |
| 2018 | $14,510 | $794,596 | $118,828 | $675,768 |
| 2016 | $13,519 | $761,436 | $114,215 | $647,221 |
| 2015 | $13,002 | $713,985 | $107,097 | $606,888 |
| 2014 | $12,864 | $700,000 | $105,000 | $595,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jassen Sanchez
JS
Seller's Agent in 2020
Jassen Sanchez
FORTRESS CAPITAL PARTNERS INC.
(818) 274-1511
1 Total Sale
-
EL
Seller Co-Listing Agent in 2020
ERIC LAGUARDIA
FORTRESS CAPITAL PARTNERS INC.
-
Jesus Henao
Buyer's Agent in 2020
Jesus Henao
LEOLA Commercial , Inc.
(801) 854-3477
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: EV20023712
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.
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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