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$ 670,000
Est. payment /mo
Active
38463 9th St E Palmdale, CA 93550
4,970 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25215820
HOA Y/N No
Year Built 1957
Lot Size 4,970 Sqft
Property Sub-Type Retail
Property Description
This Palmdale street front retail building is currently demised into four units. Three units are occupied on short term leases, and one unit is vacant, providing flexibility for investors or owner-users. The current CAP rate is 5.85% at 65% occupancy. There is immediate upside by raising CAMs - current owner is under charging.
Location
State CA
County Los Angeles
Area Plm - Palmdale
Interior
Fireplace No
Laundry None
Building
Lot Description Level
Story 1
Water Public
Others
Tax ID 3008034001
Special Listing Condition Standard
Listed by Joshua Markowitz Markowitz Commercial Real Estate, Inc. 818-337-9066
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