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42116 W 50th Street

Quartz Hill, CA 93536
  • $1,250,000
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: 22003647
UPDATED: 75 min ago
$1,250,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,128
    SQFT
  • $204
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1987
County:

School Ratings & Info

Description

What an incredible opportunity for the right investor! Tenants have been tenants for many years. All tenants are on mo/mo. Building is fully occupied and has been operating through out the Covid-19 problem. Owner replaced entire roof aprox 12 years ago. All AC/FAU roof mounted units have been replaced. Property has front street parking and rear building access (with back doors to every unit) with plenty of additional parking (access off of L-14). Though rents are somewhat low, CAP Rate: 5. Marquee has been removed. This may be just what you're looking for, downtown QH commercial. Two southern units were ''Desert Stars Dance Studio'' for decades, now occupied by Fit Trainer & Quartz Hill Yoga. North half fully occupied by 5th Avenue Salon. All excellent tenants who have all with flexibility weathered Covid. Sale is subject to seller 1031 Tax Deferred Exchange (up-leg already identified). Awesome opportunity for investors! This may be just what you've been look for! Submit al

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© 2022 Empire Access Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or She Sells SoCal | Berkshire Hathaway Troth Realtors. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Licensed in the state of California. Data last updated: 2022-09-25T18:53:01.59.
www.shesellssocal.com/homes/132463624
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42116 W 50th Street Quartz Hill, CA 93536

  • Price: $1,250,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 75 min ago
  • MLS #: 22003647
0
Beds
0
Baths
0
½ Baths
0.16
Acres
6,128
SQFT
$204
$/SQFT
1987
Built
Neighborhood:
03 - Lancaster West
County:
Los Angeles
Area:
03 - Lancaster West
Property Description
What an incredible opportunity for the right investor! Tenants have been tenants for many years. All tenants are on mo/mo. Building is fully occupied and has been operating through out the Covid-19 problem. Owner replaced entire roof aprox 12 years ago. All AC/FAU roof mounted units have been replaced. Property has front street parking and rear building access (with back doors to every unit) with plenty of additional parking (access off of L-14). Though rents are somewhat low, CAP Rate: 5. Marquee has been removed. This may be just what you're looking for, downtown QH commercial. Two southern units were ''Desert Stars Dance Studio'' for decades, now occupied by Fit Trainer & Quartz Hill Yoga. North half fully occupied by 5th Avenue Salon. All excellent tenants who have all with flexibility weathered Covid. Sale is subject to seller 1031 Tax Deferred Exchange (up-leg already identified). Awesome opportunity for investors! This may be just what you've been look for! Submit al
Exterior Features

Construction BlockFrameStucco Fencing Chain Link Lot Depth 142.5000 Lot Frontage 100 Lot Sqft 6969.60 Parking On StreetOpen Roof CompositionRolled Streets PavedPublic Streets Curbs Yes Streets Sidewalks Yes Streets Street Lights Yes Topography Level Grade

Interior Features

Ceilings 12' - 18' Climate Control Cool Central Air/Refrig Climate Control Heat Central Heat/Gas Foundation Concrete Slab

Property Features

Actual Occupied 5.00 Condo No Current Use RetailShopping Center Deposit Amount 50000.00 Escrow Time Submit All Existing Lease Yes Location East Side Of StreetRetail FrontageShopping CenterStand Alone LocationStrip Store CenterWest Side Of Street Mello Roos Cfd No Possession Coe Property Sub Type Industrial Sale Type Standard Secondary Sub Type Office Building Special Features Display WindowFire SprinklerHandicap AccessOutdoor LightingRear AccessRestrooms - Handicap Sqft Source Assessor Stories 1 Story Terms 1031 ExchangeCashConventional Tract Name Strip Center Utilities Mutual WaterNatural GasSewer Connected Zoning Lcc3

Listing information © 2022 Greater Antelope Valley Association of Realtors, Inc.
Listing provided courtesy of Denise Hailstone of Tammie L. Burnes, Broker: (661) 992-3347.


© 2022 Empire Access Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or She Sells SoCal | Berkshire Hathaway Troth Realtors. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Licensed in the state of California. Data last updated: 2022-09-25T18:53:01.59.
 
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Lancaster CA, 93536