Palmdale, CA 93550,950 E Palmdale BLVD
Palmdale, CA 93550,950 E Palmdale BLVD
Palmdale, CA 93550,950 E Palmdale BLVD
8
$1,310,000
$1,390,000
5.8%
Est.Price: ?

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13,577 SqFt

950 E Palmdale BLVD Palmdale, CA 93550

Est. payment /mo
SOLD DATE : 04/12/2024

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Key Details

Sold Price $1,310,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Square Footage 13,577 sqft

Price per Sqft $96

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

Acres 0.9976

Property Sub-Type Business

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

Laundry None

Exterior

Utilities Available Sewer Connected

Building

Lot Description Rectangular Lot

Story 2

Water Public

Others

Special Listing Condition Standard

Lease Land No

Confidential INFO

BAC 2.5

SIGN ON PROPERTY 1

TERMS Cash To New Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent

SHOW CONTACT NAME Nader Naderi

SHOW CONTACT PH 8184898955

SHOW INSTRUCTIONS Drive by or call the listing agent

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CRMLS Plus
Listed by Berkshire Hathaway HomeServices California Properties
Bought with Berkshire Hathaway HomeServices California Properties
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agent

Mark Witte

Agent | License ID: 02102425

+1(949) 269-7270

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