CA > Palmdale
Palmdale, CA 93550,558 E Avenue Q12
Palmdale, CA 93550,558 E Avenue Q12
Palmdale, CA 93550,558 E Avenue Q12
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$765,000
Est. payment /mo
0.5 Acres Lot
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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CV23229589

HOA Y/N No

Year Built 1949

Lot Size 0.504 Acres

Property Sub-Type Mixed Use

Property Description

INCREASED INCOME, BUYER FELL OUT OF ESCROW - With a zoning of R3, the lot allows for the construction of up to 15 units, offering significant development potential. The property features three separate water, electric, and gas meters, providing individual utility setups for each unit.

Each unit is thoughtfully designed, with the convenience of a private garage and a personal backyard. Parking is available on the street or in front of the units, ensuring accessibility for residents. The great curb appeal adds to the overall attractiveness of the property.

Noteworthy improvements include a newer roof for two of the back units and the addition of new copper pipes in one of the back vacant units. The occupied back unit boasts a modern kitchen with a newer backsplash and includes a bar counter. The front unit, being larger in size, offers spacious living quarters.

Furthermore, the conversion of the garage into an unpermitted third bedroom with a kitchen and bath in one of the units adds versatility to the property. The complex is well-maintained, reflecting the care and attention invested in its upkeep.

Situated in a highly desirable area for commuters, the property's proximity to the freeway, train, and highway, as well as nearby shopping options, enhances its appeal. Overall, this triplex presents a promising investment opportunity with substantial upside potential. This triplex listing presents a lucrative opportunity for potential investors or buyers.

Location

State CA

County Los Angeles

Area Plm - Palmdale

Zoning PDR3-C3*

Interior

Interior Features All Bedrooms Down

Heating Central, Wall Furnace

Cooling Evaporative Cooling

Flooring Tile

Fireplaces Type Family Room

Fireplace Yes

Appliance Water Heater

Laundry In Kitchen, Laundry Room

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Sidewalks

Total Parking Spaces 3

Private Pool No

Building

Lot Description 26-30 Units/Acre, Desert Back, Front Yard, Rectangular Lot, Street Level, Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 3009011014

Acceptable Financing Cash, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Submit, VA Loan, VA No Loan, VA No No Loan

Listing Terms Cash, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Submit, VA Loan, VA No Loan, VA No No Loan

Special Listing Condition Standard

Virtual Tour https://mls.homejab.com/property/view/558-e-ave-q12-palmdale-ca-93550-usa

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CRMLS – RECore
Listed by Abraham Prattella AGENCY 8 REAL ESTATE GROUP 909-851-9953

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