Realmo Analytics

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Financial
Distress signals
Property profile

524 Avenue Q12 E Palmdale, CA 93550

FOR SALE
Apartment buildings
Property ID
US09-8629484
21,762 SF 1.01 ac lot Built 1980
Last sale Jul 1992 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$41k
Tax billed · 2024
Assessed value$1.94M
Assessed land$315k
Assessed improvement$1.63M
Effective rate2.09%

Value estimate

· Oct 2026
$2.28M
$2.05M – $2.50M
Submarket $/SF estimate$2.50M
NOI build-up
Gross scheduled income$653k
Vacancy & credit loss−$38k
Operating expenses−$277k
NOI · 6.63% cap applied$338k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$134/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$80 – $176
Qualifying comparables3

Cap rate analysis

How does the asset earn?
6.63%
$338k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PDR3*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery11.1
Smoke and Vape Shop10.7
Pharmacy10.4

Location

524 Avenue Q12 E Palmdale, CA 93550
County assessor Recorded deeds · 7 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1341 Ave R, Palmdale, CA 93550-1904 $3,100,000 Sep 2024 18,527 SF
937 Ave R, Palmdale, CA 93550-5386 $4,400,000 Sep 2024 21,960 SF
38633 Larkin, Palmdale, CA 93550-7279 $2,400,000 Sep 2024 15,266 SF
1241 Ave R, Palmdale, CA 93550-1976 $2,900,000 Jul 2024 19,840 SF
38675 12th E, Palmdale, CA 93550-2201 $5,750,057 Dec 2020 21,480 SF
38707 12th E, Palmdale, CA 93550-2211 $5,750,057 Dec 2020 20,640 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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