38721 5th East

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38721 5th East

Palmdale, CA 93550
Asking Price
$720K
Cap Rate
7.6%
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily asset featuring four distinct residential units
  • Current capitalization rate reported at 7.6 percent
  • Priced at 719999 dollars for immediate acquisition
  • Located within the established residential market of Palmdale
  • Investment property suitable for residential income generation

What's Special

Palmdale serves as a key residential hub within the North Los Angeles County region, benefiting from a stable rental market and consistent demand for workforce housing. Positioned at 38721 5th East, this multifamily apartment building represents a focused investment opportunity for those seeking to expand their residential holdings in the Antelope Valley. The property currently accommodates four units, providing a stabilized income stream for prospective buyers. With a reported capitalization rate of 7.6%, the asset presents a clear fiscal profile for investors targeting high-yield, small-scale multifamily holdings. This configuration is well-suited for a hands-on owner or a portfolio addition looking to leverage the ongoing growth of the Palmdale submarket. The layout supports efficient management while maintaining its position in a central residential corridor, catering to local tenants who prioritize proximity to regional employment nodes and major transportation arteries.

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NOI
$80,000
Cap Rate
11.11%
DSCR
1.87
Strong
Cash-on-Cash
17.25%
Monthly Payment
$3,562.162
Annual Cash Flow
$37,254.054

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