38464 10th Street East

Palmdale, CA 93550

$799,000
Price
8
Beds
12
Baths
4,286 Sq. Ft.
$186 / Sq. Ft.
4,286
Sq. Ft.
$186
per Sq. Ft.

Description

Welcome to your next lucrative investment opportunity nestled in the bustling heart of Palmdale Blvd. This 4 unit property offers a captivating blend of townhome-style apartments, each boasting 2 bedrooms, 2 and a half bathrooms, spacious living areas, and private patios. All units have central A/C and and central heating. Ensuring convenience, this gated quadruplex boasts 6 carports, providing ample parking for tenants and guests alike. Additionally, a separate laundry room equipped with coin-operated...Welcome to your next lucrative investment opportunity nestled in the bustling heart of Palmdale Blvd. This 4 unit property offers a captivating blend of townhome-style apartments, each boasting 2 bedrooms, 2 and a half bathrooms, spacious living areas, and private patios. All units have central A/C and and central heating. Ensuring convenience, this gated quadruplex boasts 6 carports, providing ample parking for tenants and guests alike. Additionally, a separate laundry room equipped with coin-operated washers and dryers adds a touch of practicality to the property, enhancing its appeal to potential renters. Perfectly situated, this property offers easy access to a plethora of amenities including banks, schools, shopping centers, restaurants, and hospitals, promising convenience and comfort for tenants. Whether you're a seasoned investor or a newcomer to the real estate market, this fourplex is not to be missed. Seize the chance to unlock the potential for lucrative returns on your investment.
  1. Listed by Martha Carrasco • DRE #01734066 • Brokerage DRE #01893839 • Keller Williams North Valley • 818-723-0496

Property Details for 38464 10th Street East

View
Neighborhood
Parking Spaces Total
6
Private Pool
No
Cooling Type
Central Forced Air
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4286

Location

Listing Courtesy of Keller Williams North Valley, Martha Carrasco, DRE #01734066
Add your commute
LISTING UPDATED: 04/30/2024 03:30 AM

Property Details for 38464 10th Street East

StatusPending
MLS #SR24077654
Days on Market4
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1984
Lot Size0.18 AC / 7,934 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams North Valley, Martha Carrasco, DRE #01734066
Add your commute

Building Information for 38464 10th Street East

Stories2Residences-Year Built1984Building Size-Lot Size0.18 AC / 7,934 SF

Payment Calculator

$5,160 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,360

Property Taxes

$800

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 38464 10th Street East

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $75,360
  • Gross Scheduled Income: $105,360
  • Vacancy Allowance Rate: 4
  • Gross Operating Income: $105,360
  • Net Operating Income: $84,960
  • Gross Multiplier: 13.0
Expense Details
  • Operating Expense: $20,400
  • New Taxes Expense: $10,000
  • Fuel Expense: $0
  • Licenses Expense: $200
  • Electric Expense: $0
  • Insurance Expense: $3,000
  • Maintenance Expense: $3,600
  • Trash Expense: $1,200
  • Water Sewer Expense: $2,400
  • Total Expenses: $20,400
Tax / Assessment Info
  • Tax Tract Number: 15688
  • Tax Census Tract: 9105.01
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 46
Community / Development
Community / Development
  • Community Features: Gutters, Sidewalks, Street Lights, Valley
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area, Community, Gas Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Heating Type: Central, Natural Gas, Wall
  • Heat Source: Natural Gas
  • Heating: Central, Natural Gas, Wall Furnace
  • Flooring: Laminate
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Lot 6500-9999
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage: Assigned, Carport, On street
  • Parking Garage Spaces: 0
  • Carport Spaces: 6
  • Parking Features: Assigned, Carport, Street
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,080
  • Unit Type Total Rent: $2,080
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 38464 10th Street East

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 38464 10th Street East

Taxable ValueLand$90,770Additions$515,106Total$605,876
Tax Record2023$9,605 ($800 / month)
Home Facts
Total Finished SqFt4,286 SqFtAbove Grade Finished SqFt4,286 SqFtLot Size7,932 SqFtStyleQuadraplexYear Built1984ZoningPDR3*CountyLOS ANGELESAPN3015-003-025

Schools near 38464 10th Street East

This home is within Antelope Valley Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Tamarisk
PublicK to 5

David G. Millen Intermediate
Public6 to 8

Palmdale High School
Public9 to 12

R. Rex Parris High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams North Valley, Martha Carrasco, DRE #01734066

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.