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    2841 B Street

    Rosamond, CA 93560
    • $975,000
    • STATUS: Active
    • ON SITE: 170 days
    • ID#: SR20017593
    UPDATED: 61 min ago
    $975,000
    • 0
      BEDS
    • 0.7
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,554
      SQFT
    • $102
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1955
    County:

    School Ratings & Info

    Description

    We are pleased to present this rare opportunity to acquire 10+ units in Rosamond Ca! Just 15 minutes north of Lancaster, this 17 unit multi-family property is comprised of ten (1) Bedroom, (1) bathroom units, six (2) bedroom, (1) bathroom units & one (3) bedroom, (2) bathroom unit (used for onsite management). Split among two (2) parcels, there are thirteen (13) units on one parcel & four (4) units on the other parcel. This building has a total square footage of 9,554 sq.ft. and is situated on a 1 acre lot; a true value add opportunity, with rents aproximately under 20% below market, the offering allows an investor great upside in a strong rental market. Rosamond is an unincorporated town of around 18,000 at the hub of what has been called +G+Aerospace Valley+G-. Rosamond is the gateway to Edwards Air Force Base, and is just south of the emerging civilian spaceport at Mojave. To the south are the twin cities of Lancaster & Palmdale. Rosamond is situated on the northern end of the Antelope Valley.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-14T17:30:28.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Z Team OC Real Estate | Keller Williams Realty. Licensed in the State of California, USA.

    www.homefinderorangecounty.com/homes/102596465
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    2841 B Street Rosamond, CA 93560

    • Price: $975,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: SR20017593
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.7
    Acres
    9,554
    SQFT
    $102
    $/SQFT
    1955
    Built
    Neighborhood:
    ROSA - Rosamond
    County:
    Kern
    Area:
    ROSA - Rosamond
    Property Description
    We are pleased to present this rare opportunity to acquire 10+ units in Rosamond Ca! Just 15 minutes north of Lancaster, this 17 unit multi-family property is comprised of ten (1) Bedroom, (1) bathroom units, six (2) bedroom, (1) bathroom units & one (3) bedroom, (2) bathroom unit (used for onsite management). Split among two (2) parcels, there are thirteen (13) units on one parcel & four (4) units on the other parcel. This building has a total square footage of 9,554 sq.ft. and is situated on a 1 acre lot; a true value add opportunity, with rents aproximately under 20% below market, the offering allows an investor great upside in a strong rental market. Rosamond is an unincorporated town of around 18,000 at the hub of what has been called +G+Aerospace Valley+G-. Rosamond is the gateway to Edwards Air Force Base, and is just south of the emerging civilian spaceport at Mojave. To the south are the twin cities of Lancaster & Palmdale. Rosamond is situated on the northern end of the Antelope Valley.
    Exterior Features

    Fence YN Yes Fencing Wood Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Roof Shingle

    Interior Features

    Condo Area Units Square Feet Cooling Evaporative Cooling Cooling YN Yes Heating See Remarks Heating YN Yes Laundry Features None

    Property Features

    Additional Parcels Description 251-142-07-00-6 Additional Parcels YN Yes Building Area Units Square Feet Building Status Existing Cap Rate 7.53 Country Us Effective Gross 117853 Electric Expense 516.00 Gross Scheduled Income 124056.00 Insurance Expense 3000.00 Land Lease YN No Land Use Multi-Family Laundry YN No Leasable Area Units Square Feet Lease Considered YN No Maintenance Expense 2500.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 73397.00 Number Of Units Leased 17 Operating Expense 44456.00 Professional Management Expense 6203.00 Property Sub Type Mixed Use Real Estate Tax Expense 13952.00 Special Listing Conditions Standard Tax Annual Amount 13952.00 Total Expenses 44456.00 Trash Expense 3203.00 Vacancy Allowance Rate 5.00 Water Sewer Expense 11879.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Levon Barrison of Infinity Real Estate Services


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-14T17:30:28.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Z Team OC Real Estate | Keller Williams Realty. Licensed in the State of California, USA.

     
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