NOT LISTED FOR SALE

948 E Avenue q12 Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $543,000 - $576,753

3 Beds
3 Baths
1,971 Sq Ft
$284/Sq Ft Est. Value

Last Sold April 06, 2022

Last sale price $547,000 $278 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,699/month

14 Days on Market

Highlights

  • Laundry Room
  • 1-Story Property
  • 4-minute walk to Melville J. Courson Park
  • Evaporated cooling system

About This Home

As of April 2022

This fully rented triplex has renters enjoy being in the heart of Palmdale's downtown multi-family community. This property is in a great location that is close to shopping, Metro-link and the freeway. 3 beds in Title but 5 beds in total. The units feature; (1) 1 bedroom/1 bath and (2) 2 bedrooms/1 bath. Unit 1 is recently remodeled, newer paint with new floors, light fixtures and Corian kitchen counters. The single bedroom includes a generous closet and built-in drawers; a full bathroom and laundry area complete the apartment. The other two units each offer two bedrooms and one full bath as well as the similar amenities as the first unit. The seller resides in one unit. A detached building houses single car garage spaces for each of the three units. DRIVE BY ONLY. Do not disturb residents. Write an offer subject to interior inspection. Inspection will be after accepted offer. Property sold as is. Buyer to investigate and complete their own due diligence. Submit all offers including proof of funds / pre-approval letter. Seller has a real estate license.

Last Agent to Sell the Property

Jaekyung Lee

Dream Realty & Investments Inc License #01478814 Listed on: 02/18/2022

Dream Realty & Investments Inc

Co-Listed By

Clay Choi

Dream Realty & Investments Inc License #02011547

Last Buyer's Agent

Tsung Liu

License #01915330

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,759

Year Built

  • Built in 1957

Lot Details

  • 6,761 Sq Ft Lot

Parking

  • 3 Parking Spaces

Interior Spaces

  • 1,971 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Evaporated cooling system
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 3009-021-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,759

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1971
  • Lot Acreage: 0.1552
  • Probate: No
  • Stories: 1
  • Year Built: 1957
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 258.75

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Parking Garage: Garage - 3 Car
  • Total Parking: 3

Utilities

  • Cooling: Evaporative
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 84.95
  • Assessed Improvement Value: 196748
  • Assessed Land Percent: 15.05
  • Assessed Land Value: 34846
  • Total Assessed Value: 231594
  • Assessor Parcel Number: 3009-021-008
  • Lot Size Area: 6761

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: unknown
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Mar 22, 2022
Sold by
1329 West Rancho Vista Llc
Bought by
Liu Tsung Hsin and Lizuka Yukari
Seller's Agent
Jaekyung Lee
Dream Realty & Investments Inc
Buyer's Agent
Tsung Liu
List Price
$510,000
Sold Price
$547,000
Premium/Discount to List
$37,000
7.25%
Total Days on Market
14
Current Estimated Value
$559,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,438
Avg. Annual Appreciation
0.71%
Original Mortgage
$280,000
Outstanding Balance
$249,082
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$310,356

Purchase Details

Closed on
Dec 14, 2016
Sold by
Lee Danny Juwon
Bought by
1329 West Rancho Vista Llc

Purchase Details

Listed on
Apr 24, 2013
Closed on
May 14, 2013
Sold by
Federal National Mortgage Association
Bought by
Lee Danny Juwon
Seller's Agent
Victoria Erfle
Select Service Realty
Buyer's Agent
Guillermo Zavala
RE/MAX All-Pro
List Price
$168,900
Sold Price
$182,500
Premium/Discount to List
$13,600
8.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%

Purchase Details

Closed on
Dec 7, 2010
Sold by
Platt Benjamin C and Platt Martha Joann
Bought by
Federal National Mortgage Association
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Liu Tsung Hsin $547,000 Provident Title
1329 West Rancho Vista Llc $182,500 Provident Title Company
Lee Danny Juwon $182,500 First American Title Ins Co
Federal National Mortgage Association $70,600 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Tsung Hsin $280,000
Previous Owner Lee Danny Juwon $200,000
Previous Owner Platt Benjamin C $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2022 04/06/22 Sold $547,000 +7.3% $278 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $510,000 +36.0% $259 / Sq Ft
08/23/2019 08/23/19 Sold $375,000 0.0% $190 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
04/14/2019 04/14/19 For Sale $375,000 +105.5% $190 / Sq Ft
05/29/2013 05/29/13 Sold $182,500 +8.1% $93 / Sq Ft
05/09/2013 05/09/13 Pending -- -- --
04/24/2013 04/24/13 For Sale $168,900 -- $86 / Sq Ft
Source: The MLS

Tax History Compared to Growth

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 $8,759 $569,098 $85,312 $483,786
2023 $8,677 $557,940 $83,640 $474,300
2022 $4,711 $236,224 $35,542 $200,682
2021 $4,601 $231,594 $34,846 $196,748
2020 $4,539 $229,900 $34,489 $195,411
2019 $4,490 $225,406 $33,813 $191,593
2018 $4,430 $221,000 $33,150 $187,850
2016 $3,966 $189,841 $47,434 $142,407
2015 $3,931 $186,990 $46,722 $140,268
2014 $3,901 $183,328 $45,807 $137,521
Source: Public Records

Agents Affiliated with this Home

  • Jaekyung Lee

    Seller's Agent in 2022

    Jaekyung Lee

    Dream Realty & Investments Inc

    (213) 369-9677

    1 in this area

    8 Total Sales

    Jaekyung Lee
    Section Image
  • Clay Choi

    Seller Co-Listing Agent in 2022

    Clay Choi

    Dream Realty & Investments Inc

    (213) 908-3392

    1 in this area

    28 Total Sales

    Clay Choi
    Section Image

  • T

    Buyer's Agent in 2022

    Tsung Liu

  • L

    Seller's Agent in 2019

    Lisa Freeman

    No Firm Affiliation

    3 Total Sales

    Section Image

  • N

    Buyer's Agent in 2019

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    18 in this area

    5,588 Total Sales

    NoEmail NoEmail
    Section Image
  • Victoria Erfle

    Seller's Agent in 2013

    Victoria Erfle

    Select Service Realty

    (661) 272-1113

    1 in this area

    14 Total Sales

    Victoria Erfle
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-129083

The MLS

APN: 3009-021-008

California Los Angeles County Palmdale 93550 East Palmdale

948 E Avenue q12, Palmdale, CA

This home is located at 948 E Avenue q12, Palmdale, CA 93550 since 18 February 2022 and is currently estimated at $559,438, approximately $283 per square foot. This property was built in 1957. 948 E Avenue q12 is a home located in Los Angeles County with nearby schools including Tumbleweed Elementary School, David G. Millen Intermediate, and Palmdale High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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.
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