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$2,400,000
Est. payment /mo
7 Beds
4 Baths
0.5 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25046235
Bedrooms 7
HOA Y/N No
Lot Size 0.505 Acres
Property Sub-Type Res Income 2-4 Units
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.
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.
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 Palmdale (93550)
Zoning Assessor
Interior
Cooling Central Forced Air
Appliance Forced Air Unit
Building
Story 2
Level or Stories 2 Story
Others
Monthly Total Fees $2, 500
Space Rent $2,195
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Listed by Jesus Henao • LEOLA Commercial , Inc.
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Nicole Hazelton
Broker Associate | License ID: 01819363
Broker Associate License ID: 01819363
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