About This Home
This 15-bedroom, 8-bathroom residential multi family at 38605 25th E Street in Palmdale, CA is listed for $1,200,000 ($213 per sqft). Built in 1989, the home offers 5,626 sqft of living space on a 0.71 acres lot.
Key Features
- Built in 1989
- 0.71 acre lot
Property Details
Amenities
Hundreds of thousands less than what the property was in escrow for last year.. Basically 4 large side by side remodelled houses.Spectacular turnkey 4 unit investment. This Fully remodeled property spans 15 bedrooms and 8 bathrooms. Generating $135,000+ in gross annual rent.
Each unit features recessed lighting, custom closets, upgraded fireplaces and 2 car garages with custom storage. Two units include new Ac/Heating systems: two units have in garage washer and dryers, other two units have designated laundry areas. Residents enjoy private enclosed backyards and ample cul-de-sac parking, plus park like grounds with possibly, potential for expansion.
Situated in an Opportunity Zone with no City of LA rent control, rents can rise up to 8.9% annually underAB-1482. Fully occupied ( three section 8 tenants) this asset delivers stable cash flow, minimal vacancy risk, and long-term appreciation.
Monthly Cost Estimate
$6,418/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
38605 25th E Street
Palmdale, CA 93550
Property Details
Construction
Cooling
Questions & Answers
This 15-bedroom, 8-bathroom residential multi family at 38605 25th E Street is listed at $1,200,000 ($213/sqft). The estimated monthly payment is $6,418 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1989, 0.71 acre lot.
This property is listed by Frank Ilderem and can be reached at 8189685361.