8612 E Avenue U

    Littlerock, CA 93543
    • $425,000
    • STATUS: Active Under Contract
    • ON SITE: 784 days
    • ID#: CV16720630
    Under Contract
    UPDATED: 31 min ago
    $425,000
    • 0
      BEDS
    • 3.66
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,214
      SQFT
    • $101
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1944
    County:

    School Ratings & Info

    Description

    Great Investment Opportunity! 5 Units, 100% leased, on over 3.5 Acres of Land. 4 individual building, 3 cottages and one duplex. Plenty of space for play and privacy. There is also a large garage or barn on the property that is used for storage by the owner and some tenants. This could be used for parking if desired. Title shows 4 units as the one house that is now a duplex was converted years ago by a previous owner. The property is relatively close to Palmdale and very convenient to the Pearblossum Highway that can take you to Palmdale, Victorville, Hesperia or Vegas if the moods strikes you.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-09T21:28:16.243. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.teamforss.com/homes/67327228

    8612 E Avenue U Littlerock, CA 93543

    • Price: $425,000
    • Status: Active Under Contract
    • Updated: 31 min ago
    • ID#: CV16720630
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.66
    Acres
    4,214
    SQFT
    $101
    $/SQFT
    1944
    Built
    Neighborhood:
    LRK - Littlerock
    County:
    Los Angeles
    Area:
    LRK - Littlerock
    Property Description
    Great Investment Opportunity! 5 Units, 100% leased, on over 3.5 Acres of Land. 4 individual building, 3 cottages and one duplex. Plenty of space for play and privacy. There is also a large garage or barn on the property that is used for storage by the owner and some tenants. This could be used for parking if desired. Title shows 4 units as the one house that is now a duplex was converted years ago by a previous owner. The property is relatively close to Palmdale and very convenient to the Pearblossum Highway that can take you to Palmdale, Victorville, Hesperia or Vegas if the moods strikes you.
    Exterior Features

    Entry Level 1 Entry Location 1st Floor Garage Spaces 1.00 Lot Features 0-1 Unit/AcreDesert BackDesert FrontLot Over 40000 Sqft Lot Size Source Assessor Lot Size Units Square Feet Parking Total 1.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area 620 Average1 Bed Area Units Square Feet Average2 Bed Area 900 Average2 Bed Area Units Square Feet Average3 Bed Area 1500 Average3 Bed Area Units Square Feet Common Walls 1 Common WallNo One AboveNo One Below Levels One

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 4.20 Community Features Rural Country Us Electric Expense 54.00 Elevation Units Feet Fuel Expense 202.00 Gross Income 32733.00 Gross Scheduled Income 32733.00 Insurance Expense 0.00 Land Lease YN No Maintenance Expense 3967.00 Net Operating Income 21389.00 New Construction YN No New Taxes Expense 5000.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 11344.00 Professional Management Expense 2624.00 Rent Control YN No Senior Community YN No Sewer Unknown Special Listing Conditions Standard Total Actual Rent 35400.00 Total Expenses 15085.00 Trash Expense 1275.00 Water Sewer Expense 1963.00 Water Source Public Year Built Source Assessor Zoning Lca210000*

    Listing provided courtesy of Brandon Beckwith of Southland Properties and Gary Boyer of Southland Properties.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-09T21:28:16.243. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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