4
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Listed by Robert Proano • Realty One Group United
$849,000
Est. payment /mo
8,026 Sqft Lot
Price Dropped by $50K
38501 Larkin AVE Palmdale, CA 93550
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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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