38262-68 E 6th Street, Palmdale, CA 93550
sale
$562,000
|
Other
Courtesy Of RE/MAX All Pro
Prime mixed-use investment opportunity in the heart of Palmdale near Palmdale Blvd & 6th St East. This 3,228 SF Mixed Use 3 (MU3) zoned property offers excellent visibility and long-term upside. The building consists of four units, all of which are fully occupied with solid tenants in place, providing immediate income. Each unit is separately metered for electricity and gas and features updated flooring, interior paint, and an individual mini-split heating & cooling system plus a wall furnace. The property has been very well maintained, including a full roof replacement approximately 10 years ago, contributing to lower ongoing capital expenses. Situated on a lot just shy of 7,000 SF, the property includes a secured rear parking area with gated access and ADA-compliant upgrades, enhancing both tenant convenience and regulatory compliance. With low maintenance requirements and tenants responsible for their own repair and maintenance, this asset is well-suited for investors seeking stable income with minimal management overhead. Positioned in a highly desirable commercial location with strong foot and vehicle traffic, this property offers excellent potential for retail, office, or mixed-use applications in one of Palmdale's most active business areas. This property is also zoned for residential use opportunities. Don't miss this value-add opportunity in a growing market!
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Property Features
- Age: Over 50 Years Old
- Cooling System: Ductless
- Cooling System: Heat Pump
- Cooling System: Central Air
- Exterior Type: Frame
- Exterior Type: Stucco
- Floors: 1
- Heating System: Heat Pump (Heating)
- Heating System: Ductless (Heating)
- Heating System: Wall Furnace
- Heating System: Natural Gas
- MLSID: 26002859
- Roof Type: Asphalt
- Roof Type: Wood
- Roof Type: Rolled Hot Mop
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