Technical
Financial
Distress signals
Property profile

38519 6th E St Palmdale, CA 93550

OFF-MARKET
Auto shops
Property ID
US10-0111086
5,968 SF 0.45 ac lot Built 1954
Individually Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This thriving automotive repair shop, located at 38519 E 6th Street in Palmdale, CA, presents a unique business acquisition opportunity. Boasting a substantial client base exceeding 14,000 registered customers cultivated over the past 15 years, this well-established enterprise is poised for continued success. The property sits on a sizable 0.45-acre lot, providing ample space for current operations and potential expansion. The sale price is $595,000. This represents a turnkey solution for an experienced mechanic or entrepreneur seeking an immediate entry into a profitable market. The extensive client history and established reputation within the Palmdale community offer a significant competitive advantage. This is an exceptional chance to acquire a proven business with a strong track record and significant growth potential. The substantial client list provides a solid foundation for immediate revenue generation and future expansion strategies. Serious inquiries are encouraged to explore this exceptional business opportunity further. Detailed financial records are available upon request, allowing prospective buyers to thoroughly assess the profitability and potential of this well-regarded automotive repair shop. Don't miss this chance to own a successful, established business in a thriving community.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1954
Construction WOOD
Total area 5,968 SF
Lot 0.45 ac (19,668 SF)
Zoning code PDM1*
APN 3008-012-020
UPID US10-0111086

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Auto Repair Shop
  • Auto Repair Shop

Location

38519 6th E St Palmdale, CA 93550-3715
Palmdale metro Census 910405 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$450k

Owner & transaction history

since 2024
Last sale
$450,000
6 recorded transactions
2024
Price N/A
2015
$450,000
2015
Price N/A
2003
Price N/A
2002
$273,000
1995
Price N/A

Zoning & alternative use

PDM1* · Palmdale, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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