38633 Larkin Avenue, Palmdale, CA 93550 (MLS# 219114821)

38633 Larkin Avenue, Palmdale, CA 93550

$2,400,000
Property Type: Commercial Sale Square Footage: 15,266 Status: Closed
Current Price: $2,400,000 List Date: 8/01/2024 Last Modified: 11/20/2024

Overview

Description

18 Units built in 1984 consisting of a mix of 11 - 2 Bedrooms, 1 Bath and 7 - 1 Bedrooms, 1 bath. Laundry Room. 18 Parking Spaces. Secured complex w/remote entry. Easy access to Antelope Valley Fwy 14. Close to everything , walking distance to stores. 3 completely renew in 2023 , new paint, new Gate , and many many more !!!

Listing Details MLS# 219114821

General Property Information

Approx SqFt
15266
SqFt Source
Assessor
Year Built
1984

Property Features

Business Type: Residential Sale Type: Standard Financing: Cash; Conventional; Other Listing Terms: Cash; Standard Sale Showing Access: Appointment w/List Office Owner Pays: Electric; Taxes Tenant Pays: A/C; Electric; Gas/Heat; Phone; Water Lot Features: Front Yard; Landscaped; Sprinkler System Asset Class: Multi-Family Commercial License: None Land Use: Multi-Family Heating: Electric Laundry: Laundry Area; Other Security Safety: Automatic Gate; Gated Community Water: Public Disclosures: Property As Is; Trust/Conservatorship; Other

Listing Location and Property Info

APN
3008008035
Original List Price
2300000
Property Sub-Type
Multi Family
Street #
38633
Street Name
Larkin
Street Suffix
Avenue
County
Los Angeles
State
CA
Zip Code
93550
Area
PLM - Palmdale
Country
US

Listing Info

Accounting Type
Actual
Ownership Type
Corporation
Other Phone
8053353576

Property Info

Entry Floor Number
2
Building # of Stories
2
# Units
18
# Buildings
Yes
Building Status
Existing

Status Change Info

Status Change Date
2024-09-06
Pending Date
2024-08-19
Closed Date
2024-09-05
Closed Price
2400000

More Information

Expenses

Expense Year
5578846
Total Monthly Rent
191840
Total Expenses
5578846

Business Info

Cap Rate
8
Laundry Equipment
Yes
Lease Type
Full Service
Office Type
Multi Tenant
Reason For Selling
trust
Sale or Lease
Sale
Total Tenants
12

Parking SpacesInformation

Total Uncovered/Assigned Spaces
18
Total Parking Spaces
18

Listing, Location and Property Info

Entry Date
2024-08-01

Owner Pays

Electric
Yes
Taxes
Yes

Business Type

Residential
Yes

Tenant Pays

A/C
Yes
Electric
Yes
Gas/Heat
Yes
Phone
Yes
Water
Yes

Sale Type

Standard
Yes

Listing Terms

Cash
Yes
Standard Sale
Yes

Financing

Cash
Yes
Conventional
Yes
Other
Yes

Showing Access

Appointment w/List Office
Yes

Lot Features

Front Yard
Yes
Landscaped
Yes
Sprinkler System
Yes

Asset Class

Multi-Family
Yes

Commercial License

None
Yes

Disclosures

Property As Is
Yes
Trust/Conservatorship
Yes
Other
Yes

Land Use

Multi-Family
Yes

Heating

Electric
Yes

Laundry

Laundry Area
Yes
Other
Yes

Security Safety

Automatic Gate
Yes
Gated Community
Yes

Water

Public
Yes
Listing Office: Berkshire Hathaway HomeServices California Properties
Listing Agent: Carina Bloj
Last Updated: November - 20 - 2024
Information deemed reliable but not guaranteed.

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