Palmdale, CA 93550,950 E Palmdale BLVD
Palmdale, CA 93550,950 E Palmdale BLVD
Palmdale, CA 93550,950 E Palmdale BLVD
Palmdale, CA 93550,950 E Palmdale BLVD
Palmdale, CA 93550,950 E Palmdale BLVD
Palmdale, CA 93550,950 E Palmdale BLVD
See all 10 photos

$1,310,000

$1,390,000

5.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

1 Acres Lot


SOLD DATE : 04/12/2024

Key Details

Sold Price $1,310,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR23223012

Sold Date 04/12/24

HOA Y/N No

Year Built 1988

Annual Tax Amount $16,812

Tax Year 2023

Lot Size 0.998 Acres

Property Description

Strategically positioned in the heart of Palmdale for maximum visibility and exposure. Close to commuter rail and Sierra Highway, offering ease of commuting. Flexible office layout, with some units on a month-to-month basis, making it an ideal candidate for an owner-user investor utilizing SBA financing with a low down payment. Surrounded by restaurants, entertainment, and shopping centers. Convenient access to 14 and 138 highways for enhanced connectivity. There are 11 occupied units and 2 units are currently vacant. The annual income is based on fully occupancy. Total Annual Income $153,828 , NOI $90,402, Cap 6.50%, Building Size: 13,577 sq ft, Rentable area: 12,782 sq ft , Lot Size: 43,456 sq ft , Year Built: 1988 , Parking spaces: 65 , Zoning: PDC3 (Planned Development Commercial) , APN: 3009-025-026.

Location

State CA

County Los Angeles

Area Plm - Palmdale

Zoning PDC3

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry None

Exterior

Utilities Available Sewer Connected

Building

Lot Description Rectangular Lot

Story 2

Water Public

Others

Tax ID 3009025026

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Other

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Nader Naderi • Berkshire Hathaway HomeServices California Properties • 818-489-8955
Bought with Nader Naderi • Berkshire Hathaway HomeServices California Properties
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 258-2228

sammuteam@gmail.com

880 Roosevelt Suite 250, Irvine, California, 92620, United States

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.