11
See all 11 photos
$2,400,000
Est. payment /mo
Active
547 E Avenue Q12 Palmdale, CA 93550
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25046235
Originating Board California Regional MLS
Year Built 1981
Lot Size 0.505 Acres
Property Description
Queens Twelve is an 8-unit multifamily property with a 20-year HUD contract that began on July 1, 2023, covering tenant rent payments. The contract is administered by the Los Angeles LOMOD Corporation. The property is professionally managed by Genessy Management, based in Los Angeles. Queens Twelve consists of four 3-bedroom, 2-bath units and four 4-bedroom, 2-bath units, all designed in a townhome style. The property features carport parking and an on-site laundry facility. The current offering reflects a 7.70 CAP rate based on actual financials.
Location
State CA
County Los Angeles
Area Plm - Palmdale
Interior
Heating Forced Air
Cooling Central AC
Laundry Laundry Area
Exterior
Parking Features Carport
Pool None
Building
Sewer TBD
Water District - Public
Others
Tax ID 3009010005
Special Listing Condition Not Applicable
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Listed by Jesus Henao • LEOLA Commercial , Inc.