Palmdale, CA 93550,547 E Avenue Q12
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Palmdale, CA 93550,547 E Avenue Q12
Palmdale, CA 93550,547 E Avenue Q12
Palmdale, CA 93550,547 E Avenue Q12
Palmdale, CA 93550,547 E Avenue Q12
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Julian Park

Julian Park

Park Regency Realty

+1(818) 390-3265
$ 2,400,000
Est. payment /mo
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547 E Avenue Q12 Palmdale, CA 93550

0.5 Acres Lot


UPDATED:

03/03/2025 07:23 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25046235

HOA Y/N No

Year Built 1981

Lot Size 0.505 Acres

Property Sub-Type Apartment

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

Zoning PDR3*

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Laundry Common Area

Exterior

Parking Features Carport

Pool None

Community Features Storm Drain(s), Street Lights, Suburban

Utilities Available Natural Gas Available, Water Available

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Sewer Unknown

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 3009010005

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Jesus Henao • LEOLA Commercial , Inc. • 818-570-3301
agent

Julian Park

Broker, Loan Officer | License ID: 02018567

+1(818) 390-3265

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547 E Avenue Q12