Property Description

The property at 958 E Avenue Q12 in Palmdale, California, presents a compelling investment opportunity in the multifamily real estate market. Constructed in 1980, this two-story building encompasses six units, totaling approximately 4,974 square feet. The unit mix includes two 2-bedroom, 1-bathroom apartments and four 1-bedroom, 1-bathroom apartments. All units are equipped with in-unit washers/dryers hookups, central HVAC, and private balcony. Ample parking for tenants while gas and electricity are individually metered, enhancing operational efficiency. Priced at below replacement cost at $240 per square foot. Buyer to explore any future condo conversion possibilities.