NOT LISTED FOR SALE
1 Bed
1 Bath
5,300 Sq Ft
0.38 Acres Lot

Sale Details

Date Sold: April 7, 2016

Last sale price $540,000 $102 Per Sq Ft

28 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Carpet
  • 0.38 Acre Lot
  • Laundry Room
  • 1-Story Property

About This Home

As of April 2016

10 units in nice area of Palmdale close to shops and freeway access. All 1+1 and some recently rehabbed.Individual electric meters, off street parking

Last Agent to Sell the Property

Ricardo Acevedo

No Firm Affiliation License #01719407 Listed on: 02/08/2016

Last Buyer's Agent

Ricardo Acevedo

No Firm Affiliation License #01719407 Listed on: 02/08/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 16,643 Sq Ft Lot
  • No Units Above
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 5,300 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 10 Parking Spaces
  • Parking Available
  • Unassigned Parking

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 3009010007

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Professional Management Expense $2,760
  • Trash Expense $2,066
  • Water Sewer Expense $966
  • New Taxes Expense $7,487
  • Gross Income $40,000
  • Net Operating Income $40,750

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0.38 Acres

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 2760.00
  • Property Attached: Yes
  • Water Sewer Expenses: 966.00
  • Property Type: Residential Income
  • Parcel Number: 3009010007
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 101.89
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Community
  • Trash Expense: 2066.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 6-10 Units/Acre, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 16643.00
  • Price Per Lot Square Foot: 32.45
  • Lot Size Acres: 0.3820

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 40000.00
  • Gross Scheduled Income: 81000.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 16643.0000 Square Feet
  • Net Operating Income: 40750.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 10
  • Operating Expense: 20000.00
  • Rent Control: No
  • Total Actual Rent: 3545.00

Tax Info

  • New Taxes Expense: 7487.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 Prior Sale
04/07/2016 04/07/16 Sold $540,000 0.0% $102 / Sq Ft View Prior Sale
04/07/2016 04/07/16 Sold $540,000 -9.8% $102 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
03/07/2016 03/07/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $599,000 0.0% $113 / Sq Ft
09/25/2015 09/25/15 For Sale $599,000 0.0% $113 / Sq Ft
03/12/2014 03/12/14 Rented $550 -8.3% --
03/10/2014 03/10/14 Under Contract -- -- --
02/17/2014 02/17/14 For Rent $600 0.0% --
02/03/2013 02/03/13 Sold $305,000 -12.9% $58 / Sq Ft View Prior Sale
12/03/2012 12/03/12 Pending -- -- --
11/30/2012 11/30/12 For Sale $350,000 -- $66 / 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
2025 $14,643 $639,244 $95,885 $543,359
2024 $13,744 $626,710 $94,005 $532,705
2023 $13,644 $614,422 $92,162 $522,260
2022 $13,216 $602,375 $90,355 $512,020
2021 $12,915 $590,565 $88,584 $501,981
2019 $12,639 $576,050 $85,957 $490,093
2018 $12,484 $564,815 $84,272 $480,543
2016 $10,211 $403,856 $60,577 $343,279
2015 $10,097 $397,791 $59,668 $338,123
2014 $10,011 $390,000 $58,500 $331,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15255257

California Regional Multiple Listing Service (CRMLS)
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