547 E Avenue Q12, Palmdale, CA 93550 (MLS # SR25046235)

Price	$2,400,000
Status	Active
Beds	n/a
Baths	0 Bath
Home size	9,192 sqft
Lot Size	21,981 sqft
Days on Market	11

Queens Twelve is an 8-unit multifamily property with a 20-year HUD contract that began on July 1, 2023, covering tenant rent payments. The contract is administered by the Los Angeles LOMOD Corporation. The property is professionally managed by Genessy Management, based in Los Angeles.Queens Twelve consists of four 3-bedroom, 2-bath units and four 4-bedroom, 2-bath units, all designed in a townhome style. The property features carport parking and an on-site laundry facility. The current offering reflects a 7.70 CAP rate based on actual financials.

Property Type(s): Residential Income

Last Updated	3/3/2025	Year Built	1981
Community	Palmdale	County	Los Angeles

Additional Details

AIR	Central Air
AIR CONDITIONING	Yes
AREA	Palmdale
GARAGE	Carport
HEAT	Forced Air
LOT	0.5 acre(s)
LOT DESCRIPTION	6-10 Units/Acre
PARKING	Carport
POOL DESCRIPTION	None
SEWER	Unknown
STORIES	2
UTILITIES	Natural Gas Available,Water Available
WATER	Public
ZONING	PDR3*

Location

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Listed with LEOLA Commercial , Inc.

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