1840 Sweetbrier Street

    Palmdale, CA 93550
    • $1,344,000
    • STATUS: Active
    • ON SITE: 181 days
    • ID#: SR18145927
    $1,344,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,153
      SQFT
    • $218
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1954
    County:

    School Ratings & Info

    Description

    Six rental houses offered in one package; houses are located within 3 miles radius on the East side of Palmdale. Each house has 3 bedrooms and one bath. One owner is offering this portfolio. There is upside in the rents, and is excellent for an exchange buyer. The houses are located in primarily residential areas, near transportation, groceries, and schools. Houses have separate addresses, and average 1000 square feet. All are tenant occupied. Please do not disturb tenants as they have not been told the properties are being sold. Excellent upside in the rents, and properties have been maintained by same owner for a few years. Palmdale has a housing shortage, as the rest of the country does, and major employers are coming to the area. Car max recently opened a large facility, and Lockheed recently received a 6 billion dollar contract. Houses have been priced at lower than the recently sold individual comps. Excellent opportunity for a landlord. All homes are not rent controlled and have great upside on the rents. Drive by only,please!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-18T00:28:32.007. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.sonyathebroker.com/homes/84785112

    1840 Sweetbrier Street Palmdale, CA 93550

    • Price: $1,344,000
    • Status: Active
    • ID#: SR18145927
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    6,153
    SQFT
    $218
    $/SQFT
    1954
    Built
    Neighborhood:
    PLM - Palmdale
    County:
    Los Angeles
    Area:
    PLM - Palmdale
    Property Description
    Six rental houses offered in one package; houses are located within 3 miles radius on the East side of Palmdale. Each house has 3 bedrooms and one bath. One owner is offering this portfolio. There is upside in the rents, and is excellent for an exchange buyer. The houses are located in primarily residential areas, near transportation, groceries, and schools. Houses have separate addresses, and average 1000 square feet. All are tenant occupied. Please do not disturb tenants as they have not been told the properties are being sold. Excellent upside in the rents, and properties have been maintained by same owner for a few years. Palmdale has a housing shortage, as the rest of the country does, and major employers are coming to the area. Car max recently opened a large facility, and Lockheed recently received a 6 billion dollar contract. Houses have been priced at lower than the recently sold individual comps. Excellent opportunity for a landlord. All homes are not rent controlled and have great upside on the rents. Drive by only,please!
    Exterior Features

    Fence YN Yes Fencing Average ConditionBlockBrickChain Link Lot Features 6-10 Units/AcreBack YardLot 6500-9999WalkstreetYard Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Cooling Evaporative Cooling YN Yes Heating Wall Heater Heating YN Yes Laundry Features Gas & Electric Dryer HookupIn CarportIn GarageIn KitchenIndividual RoomInsideOutsideWasher Hookup

    Property Features

    Accounting Type Actual Additional Parcels YN No Advertising Expense 0.00 Asset Class Multi-FamilySpecialty Building Area Units Square Feet Building Status Existing Business Type Multi-TenantOtherReal EstateRental Cap Rate 5.00 Country Us Current Use Comments Rental Homes Electric Expense 0.00 Expense Year 2017 Gross Scheduled Income 89400.00 Insurance Expense 2094.00 Investment Property YN Yes Land Lease YN No Land Use Multi-Family Laundry Equipment Own Lease Own Laundry Income 0.00 Laundry YN Yes Leasable Area Units Square Feet Maintenance Expense 5400.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Number Of Units Leased 6 Professional Management Expense 0.00 Property Sub Type Multi Family Real Estate Tax Expense 11537.00 Special Listing Conditions Standard Trash Expense 3324.00 Utilities Electricity AvailableElectricity ConnectedNatural Gas AvailablePhone AvailableSewer Connected Vacancy Allowance 0 Vacancy Allowance Rate 2.00 Water Sewer Expense 0.00 Water Source Public

    Listing provided courtesy of Paquita Engle-Fiallos of Berkshire Hathaway Homeservice.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-18T00:28:32.007. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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