SOLD
$1,310,000
Date 04/12/2024

950 E Palmdale Boulevard
Palmdale, CA 93550

Business Opportunities
Residence
13,577
Sqft
0.9976
Lot Size
Listing Agent: Nader Naderi - Berkshire Hathaway HomeServices California Properties, 818-489-8955
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.
SR23223012
Business Opportunities, 2 Story
Los Angeles
1988
0.9976 Acres
Public
2
Stucco
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

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Transit Score

Listing Agent: Nader Naderi - Berkshire Hathaway HomeServices California Properties, 818-489-8955
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