$735,000
For Sale

558 E Avenue Q12

Palmdale, CA 93550
0.50 acres | #CV23229589
Listing OfficeAGENCY 8 REAL ESTATE GROUP
Browse 47 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

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.

  • Interior Details
      • InteriorAllBedroomsDown
  • Property Details
      • Lot DescriptionTwentySixToThirtyUnitsAcre, DesertBack, FrontYard, RectangularLot, StreetLevel, Yard
      • Stories1
    • Measurements
      • Acres0.5045
    • Parking
      • Parking Spaces3
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1949
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$750,000
  • Other
      • MLS #CV23229589

Location

Rami ElminoufiReal Estate Group
$
years

Down Payment

$
%
20.0%

Interest Rate

%
5.0%

Tax Rate

%
1.3%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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