524 E Avenue Q-12
Palmdale, CA 93550
0
Bed
0
Bath
21,762Sqft
63,682Sqft(Lot)
524 E Avenue Q12 presents a compelling opportunity to acquire a well-maintained 30-unit apartment community in Palmdale, CA, situated on a substantial 1.46-acre parcel. The property features a highly desirable, consistent unit mix of all 2-bedroom / 1-bathroom units that commands strong tenant demand. Residents benefit from 30 on-site parking spaces, secure gated parking, ADA-compliant units, an on-site laundry room, a dedicated leasing office, and generous outdoor space.Current ownership has invested over $1,850,000 in capital improvements since 2018, positioning the asset as a turnkey, income-producing investment. Beyond its income upon the stabilization of the asset, the property offers meaningful upside: there is an opportunity to add up to 8 ADUs utilizing SB 1211, while the open stab
Property Details
Map
Map
What's Nearby
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Features
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Heating & Cooling
Has Heating: Yes Heating: Wall Furnace Has Cooling: Yes Cooling: Wall/Window Unit(s)
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Building Information
Year Built: 1980Building Area Total: 21762Pool Features: NonePrivate Pool: NoView: None
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Lot Information
Main Square Feet: 63682 Lot Size Acres: 1.4619 Lot Size Source: Assessor Lot Size Square Feet: 63,682 Lot Description: Sprinklers NoneProperty Information
Subdivision: Not Applicable Source Property Type: Residential Income Property Age: 46
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Listing Price Information
Listing Price: $5100000Cash, Cash to New Loan
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Tax Information
Parcel Number: 3009011024 Tax Lot: 19
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Virtual Tour
Parking Information
Parking Total: 30 Assigned
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Location Information
Direction: North of Avenue R and East of5th Street
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 38229 Mentor Court, Palmdale, CA, 93550 | $520,000 | 3 | 2 | 1,461 | 1,461 SqFt |
| 3734 Las Palmas, Palmdale, CA, 93550 | $615,000 | 5 | 3 | 3,210 | 3,210 SqFt |
| 3693 E Avenue Q13, Palmdale, CA, 93550 | $651,990 | 5 | 3 | 2,956 | 2,956 SqFt |
| 3690 E Avenue Q13, Palmdale, CA, 93550 | $591,990 | 4 | 3 | 2,309 | 2,309 SqFt |
| 38659 37th E, Palmdale, CA, 93550 | $559,000 | 5 | 2 | 2,119 | 2,119 SqFt |
| 3635 E Avenue Q14, Palmdale, CA, 93550 | $661,990 | 5 | 3 | 2,565 | 2,565 SqFt |
| 38733 Landon, Palmdale, CA, 93550 | $409,900 | 3 | 2 | 1,041 | 1,041 SqFt |
| 38738 36th Street E, Palmdale, CA, 93550 | $439,900 | 3 | 2 | 1,064 | 1,064 SqFt |
| 3753 Saddleback Drive, Palmdale, CA, 93550 | $494,900 | 5 | 3 | 2,153 | 2,153 SqFt |
| 3741 Adobe Drive, Palmdale, CA, 93550 | $610,000 | 6 | 3 | 2,736 | 2,736 SqFt |
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ByOwner last updated this listing 07/21/2026 @ 00:59
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