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Off market
  • $7,457,500

    38707/675 12th St E, Palmdale, CA 93550

    84beds
    84baths
    42,120sqft
    MultiFamily
    Built in 1984
    -- sqft lot
    $7,457,500 Zestimate®
    $177/sqft
    $1,526 Estimated rent

    Home value

    $7,457,500

    $5.44M - $10.07M

    $1,526/mo

    Zestimate® history
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    $1,526/mo

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    $1,526/mo

    Rent Zestimate®

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    $47,331/mo

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    $47,331/mo

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    What's special

    This is a 38 unit complex (19 on each side) that is fully gated, two pools, security cameras with remote access, and the majority of units have been fully remodeled!A full brochure has been attached.One side comes with garages, while the other side has carports. Both structures have brand new roofs!Property is xeriscaped, and the shrubs and trees are on timers, so easy maintenance.There are two APN's and Addresses for this sale. APN 3015-006-015 and 3015-006-098. The two addresses are 38707 and 38675 12th st.Currently shows a 5.8 CAP, but once the rest of the leases renew at the market rate, you should be at a 6.5! Great opportunity!Currently we have zero vacancies with a waiting list.Rehabs included new flooring, new paint, new Granite Counters and stainless sinks, built-in USB phone charger in the kitchen, plus much more!About 80% of all the units have new HVAC units, hot water heaters, etc.Please contact listing agent for more information, do not disturb tenants

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 84
    • Bathrooms: 84
    Interior area
    • Total interior livable area: 42,120 sqft

    Property

    Lot
    • Size: 1.95 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1984

    Community & HOA

    Location
    • Region: Palmdale

    Financial & listing details

    • Price per square foot: $177/sqft

    Price history

    DateEventPrice
    12/16/2020Sold$5,750,000$137/sqft
    Source: GAVAR #20007373 Report a problem
    12/13/2020Pending sale$5,750,000$137/sqft
    Source: Real Property Management AV #20007373 Report a problem
    9/14/2020Listed for sale$5,750,000+1.8%$137/sqft
    Source: Real Property Management AV #20007373 Report a problem
    5/12/2020Listing removed$5,650,000$134/sqft
    Source: Real Property Management AV #20002221 Report a problem
    3/13/2020Listed for sale$5,650,000$134/sqft
    Source: Real Property Management AV #20002221 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 93550

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $7,457,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $7,457,500