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558 E Avenue Q12

Palmdale, CA 93550

PRICE REDUCED

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-$15,000 (-2.00%)

$735,000

List Price

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1949

calendar_month Built

Property 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.

Listing Information

List Price $735,000
Status Active
MLS CV23229589
HOA $0
Type Residential Income
Subtype Mixed Use
Year Built 1949
Lot Size 21,974
Structure Size N/A
DOM 222
Courtesy Of AGENCY 8 REAL ESTATE GROUP
Listing Agent Abraham Prattella DRE#01506646

Interior Features

Laundry Information
Location(s) In Kitchen, Laundry Room
Bedroom Information
Features All Bedrooms Down
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Tile
Fireplace Information
Features Family Room
Additional Information
Additional Features All Bedrooms Down
Cooling Type
Cooling Type Evaporative Cooling

Exterior Information

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shower N/A
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Listing information courtesy of: Abraham Prattella, AGENCY 8 REAL ESTATE GROUP . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:31 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.