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8-Unit Apartment Building
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547 E Ave Q-12, Palmdale, CA 93550

Townhome-style residences operate under an affordable housing designation with Housing Assistance Payments support.

Property SizeContact for details
Days on Market143

Property Features for 547 E Ave Q-12

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 4 x 3BR/2BA, 4 x 4BR/2BA
Multifamily Units 8

Additional Details

Cap Rate 7.7%

Building Details

Buildings 1
Listing Agency: LEOLA Commercial Inc
Listed By: Jesus Henao · License #Utah: 11838985-PB00
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 10:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LEOLA Commercial Inc

Investment Insights

Based on property information with market context.

This 8-unit apartment property consists entirely of townhome-style residences. The unit mix includes four 3-bedroom, 2-bathroom homes and four 4-bedroom, 2-bathroom homes, providing a balanced configuration across the building.

The property is designated as affordable housing through a Housing Assistance Payments (HAP) contract scheduled to expire in 2043. Current rental income supports a 7.70% capitalization rate. The property is located at 547 E Ave Q-12 in Palmdale, California.

Key Highlights

  • 8‑unit apartment building with a townhome‑style configuration
  • Unit mix includes 4 three‑bedroom, 2‑bathroom homes and 4 four‑bedroom, 2‑bathroom homes
  • Affordable housing designation supported by a Housing Assistance Payments contract

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Pharmacy Skin Care Clinic Gym & Fitness Center Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

550
Businesses Nearby

Demographics for 93550, CA

82,379
Population
23,965
Households
3.4
Avg Household Size
31
Median Age
10%
College-Educated
71%
High-School Grad
259.3 sq mi
ZIP Area
318
Density / Sq Mi
$63,811
Median Household Income
$34,287
Median Earnings
$1,573
Median Rent
$378,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Townhome-style residences operate under an affordable housing designation with Housing Assistance Payments support.
Where is this apartment building located?
The property is located at 547 E Ave Q-12 Palmdale, CA.
What are key features of this property?
This property features: 8‑unit apartment building with a townhome‑style configuration; Unit mix includes 4 three‑bedroom, 2‑bathroom homes and 4 four‑bedroom, 2‑bathroom homes; Affordable housing designation supported by a Housing Assistance Payments contract
More about this property
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