For Sale
$660,000

38262 6Th St Palmdale, CA 93550

Four-unit retail building, high-yield investment.

Overview

Added:
Feb 3
Days on market:
81
This exceptional investment opportunity is located on a highly desirable commercial corridor in Palmdale, California. The property features a 3,228 square foot retail building comprised of four independently metered units, providing flexibility and potential for diverse tenant occupancy. The 0.16-acre lot (approximately 7,000 square feet) offers ample on-site parking, ensuring convenient loading and unloading for tenants and customers. Recent upgrades include the installation of energy-efficient mini-split air conditioners in each unit, contributing to lower operating costs and enhanced tenant comfort. The property's numerous upgrades translate into a high-yielding, low-maintenance investment, minimizing ongoing expenses for the new owner. This is an ideal opportunity for investors seeking a stable and profitable addition to their portfolio. The property's prime location and modern amenities make it an attractive proposition for a variety of retail businesses. The independently metered units allow for efficient utility management and potential for increased rental income. The ample parking significantly enhances the property's appeal to both tenants and customers. This turnkey investment is ready for immediate occupancy and offers a strong return on investment. Don't miss this chance to acquire a valuable commercial property in a thriving Palmdale location.

Property Details for 38262 6Th St

Property type
Retail properties
Square Feet
3,228 SF
Year Built
1955
Lot Size (sq. ft)
6,970 SF

Location Insight

City
Palmdale
County
Los Angeles
State
California
Latitude
34.57696
Longitude
-118.1176

FAQs

What type of property is this?
Retail property - Four-unit retail building, high-yield investment.
Where is the retail property located?
The property is located at 38262 6Th St Palmdale, CA.
What is the asking price?
The asking price for this property is $660,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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38262 6Th St
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