38501 Larkin AVE Active

Palmdale,CA 93550

$ 849000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB25101904

Year Built 1989

Lot Size 8,026 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

38501 Larkin Ave, Palmdale CA 93550 $899,000-Cash cow investment property (4-plex) located in the heart of Palmdale and in the Transit improvement project zone. Built in 1989 with (1) 3 bedroom 2 bath, (2) 2 bedroom 1 bath and (1) 1 bedroom 1 bath. The units are large and all have very open floor plans with central heat and air conditioning. All units occupied with good long term tenants and 3 of the 4 are on the section 8 program. Tenant's pay their own trash, gas and electric.There are 4 covered parking spaces in the back with 2 extra parking spaces that can be used for extra income. The laundry room is currently not in use but has been updated with a new water heater and the new owner can place coin washer/dryers for extra income if they desire. The large 3 bedroom unit has its own private fenced courtyard. Lots of upside with this solid income producing property. Don't miss out on the opportunity, act now before it's gone. Seller willing to entertain concessions.

Location

State CA

County Los Angeles

Area Plm - Palmdale

Interior

Laundry Laundry Area

Exterior

Pool None

Building

Water District - Public

Others

Tax ID 3008015012

Special Listing Condition Not Applicable

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