8612 E Avenue U
Littlerock, CA 93543
MLS #CV16720630

Income
  • 5units
  • 4,214sq ft
Active Under Contract $425,000
Est. P&I payment: $1623.21/mo
8612 E Avenue U, Littlerock, CA 93543
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Description for 8612 E Avenue U, Littlerock, CA 93543
Great Investment Opportunity! 5 Units, 100% leased, on over 3.5 Acres of Land. 4 individual building, 3 cottages and one duplex. Plenty of space for play and privacy. There is also a large garage or barn on the property that is used for storage by the owner and some tenants. This could be used for parking if desired. Title shows 4 units as the one house that is now a duplex was converted years ago by a previous owner. The property is relatively close to Palmdale and very convenient to the Pearblossum Highway that can take you to Palmdale, Victorville, Hesperia or Vegas if the moods strikes you.
MLS #CV16720630
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My Notes for MLS #CV16720630

General Features

  • Entry Level: 1
  • Number Of Buildings: 4
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Year Built: 1944
  • Year Built Source: Assessor
  • Zoning: LCA210000*
  • Elevation Units: Feet

Exterior Features

  • Stories Total: 1
  • Lot Features: 0-1 Unit/Acre,​Desert Back,​Desert Front,​Lot Over 40000 Sqft
  • Lot Size SqFt: 159,410
  • Lot Size Units: Square Feet
  • Entry Location: 1st Floor
  • Garage Spaces: 1
  • Parking Total: 1
  • Pool Features: None
  • Common Walls: 1 Common Wall,​No One Above,​No One Below
  • Property Attached YN: 1

Interior Features

  • Levels: One
  • Average 1Bed Area: 620
  • Average 1Bed Area Units: Square Feet
  • Average 2Bed Area: 900
  • Average 2Bed Area Units: Square Feet
  • Average 3Bed Area: 1,500
  • Average 3Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet

Utility Features

  • Water Source: Public
  • Sewer: Unknown
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Financial Features

  • CapRate: 4.2
  • Electric Expense: 54
  • Gross Scheduled Income: 32,733
  • Maintenance Expense: 3,967
  • Net Operating Income: 21,389
  • Operating Expense: 11,344
  • Price Per SqFt: 100.85
  • Professional Management Expense: 2,624
  • Total Expenses: 15,085
  • Trash Expense: 1,275
  • Water Sewer Expense: 1,963
  • Tax Lot: 1
  • Fuel Expense: 202
  • Gross Income: 32,733
  • New Taxes Expense: 5,000
  • Total Actual Rent: 35,400

Community Features

  • Community Features: Rural

Miscellaneous Features

  • Building Area Total: 4,214
  • Building Area Units: Square Feet
  • Days On Market: 542
  • Lot Size Source: Assessor
  • Special Listing Conditions: Standard
  • Cumulative Days On Market: 542
  • Tax Census Tract: 9,100.02
  • Tax Tract Number: 1

Location

 
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Directions to 8612 E Avenue U, Littlerock, CA 93543
From HWY 138, Go North on 87th St, then West on Avenue U
Listing information for 8612 E Avenue U, Littlerock, CA 93543 was graciously provided by our friends at the listing brokerage, SOUTHLAND PROPERTIES and by listing agent BECKWITH BRANDON DRE# 01876209 and BOYER GARY DRE# 01112549

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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Alliance Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Alliance Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 04/21/2018 at 1:59pm
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