509 East E Avenue

Palmdale, CA 93550

$699,980
Price
6
Beds
2,896 Sq. Ft.
$242 / Sq. Ft.
2,896
Sq. Ft.
$242
per Sq. Ft.

Description

Multi-residential property in Palmdale featuring three units, each with 2 bedrooms and 2 baths. All units have access to open parking spaces. Ideal for investors seeking rental income or buyers looking to live in one unit while renting out the others. Strong income potential!Multi-residential property in Palmdale featuring three units, each with 2 bedrooms and 2 baths. All units have access to open parking spaces. Ideal for investors seeking rental income or buyers looking to live in one unit while renting out the others. Strong income potential!
  1. Listed by Genaro Robles • DRE #01193745 • Brokerage DRE #02075302 • RBS Realty • 818-355-3222

Property Details for 509 East E Avenue

Architectural Style
Traditional
Parking Spaces Total
4
Private Pool
No
Cooling Type
Central Forced Air
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2896
LISTING UPDATED: 11/20/2024 07:05 AM

Property Details for 509 East E Avenue

StatusActive
MLS #SR24203869
Days on Market62
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1988
Lot Size0.15 AC / 6,378 SF
CountyLos Angeles County

Building Information for 509 East E Avenue

Stories2Residences-Year Built1988Building Size-Lot Size0.15 AC / 6,378 SF

Property Information for 509 East E Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $40,560
  • Gross Scheduled Income: $40,560
  • Net Operating Income: $35,127
Expense Details
  • Operating Expense: $5,433
  • Electric Expense: $240
  • Insurance Expense: $3,213
  • Trash Expense: $780
  • Water Sewer Expense: $1,200
  • Total Expenses: $5,433
Tax / Assessment Info
  • Tax Tract Number: 15912
  • Tax Census Tract: 9104.05
  • CFD/Mello-Roos Fee: $2,052
  • Tax Lot: 14
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Roof: Shingle
  • Entry Location: 1st & 2nd Level
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Cul-De-Sac, Level, No Landscaping
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $990
  • Unit Type Total Rent: $990
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $890
  • Unit Type Total Rent: $890
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 0

Property History for 509 East E Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 509 East E Avenue

Taxable ValueLand$32,444Additions$183,873Total$216,317
Tax Record2024$4,633 ($386 / month)
Home Facts
Total Finished SqFt2,896 SqFtAbove Grade Finished SqFt2,896 SqFtLot Size6,432 SqFtStyleTriplexYear Built1988ZoningPDR3*CountyLOS ANGELESAPN3008-010-014

Schools near 509 East E Avenue

This home is within Antelope Valley Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Yucca Elementary School
PublicK to 5

David G. Millen Intermediate
Public6 to 8

Highland High School
Public9 to 12

R. Rex Parris High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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509 East E Avenue is a multi-family home for sale in Palmdale, CA 93550. This property was listed for sale on October 16, 2024 by RBS Realty, it's currently listed at $699,980. It has been on the market for a total of 62 days and was last sold on September 4, 2013. This listing's school districts are Antelope Valley Union High School District, Palmdale Elementary School District. Nearby schools include Yucca Elementary School, David G. Millen Intermediate and Highland High School. 509 East E Avenue is a 6-bed, 0-bath, 2,896 sqft multi-family home built in 1988.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RBS Realty, Genaro Robles, DRE #01193745

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.