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$860,000

Beds
Unknown
sq ft
Unknown

38564 5th St E, Palmdale, CA 93550

38564 5th St E

Palmdale, CA 93550

  • 34 days on market
Discover this exceptional 5-unit corner lot apartment complex, a true pride of ownership. The property boasts a fully gated premises, energy-efficient windows, and drought-tolerant landscaping. Each 1-bedroom unit has been thoughtfully renovated and includes detached garages. Located in a residential area, this complex offers easy access to grocery stores, retail shopping centers, Palmdale Transit Village, and Palmdale Regional Medical Center. Each unit features open and spacious floorplans with ample storage, updated appliances, and modern fixtures. Don’t miss this opportunity to own a well-maintained, income-producing property in a highly desirable location!

Details

Property type

Mixed Use

Est. home value

$835,111

Property condition

Updated/Remodeled

Lot size

7,462 sq ft

Price per sq ft

Unknown

Year built

1983

HOA

No

Price History

12/27/2024
CRMLS

CRMLS #SR24254504

Listed
$860,000
+79.17%
07/26/2017
CRMLS

CRMLS #SR16766634

Sold
$480,000
+50%
07/17/2015
Antelope

Antelope #1501685

Sold
$320,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Curbs, Street Lights, Suburban, Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Mission Valley Bank

Loan start date

May 2017

Original loan amount

$355,000

Est. remaining balance

Not provided

Interest rate

4.08%

Loan type

Commercial

Seller

David Robert Heywood

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/30/2025 at 12:00 AM

Listing updated: 01/29/2025 at 2:00 PM

Listed by: Arturo Sequeira, Skycastle Properties Phone #: (661) 312-9877

MLS: CRMLS #SR24254504

CRMLS logo

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