558 Avenue Q12, Palmdale, CA 93550
  • MLS#: CV23229589 ( Commercial/Residential )
  • Street Address: 558 Avenue Q12
  • Viewed: 1
  • Price: $765,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1949
  • Bldg sqft: 0
  • Days On Market: 551
  • Additional Information
  • County: LOS ANGELES
  • City: Palmdale
  • Zipcode: 93550
  • Provided by: AGENCY 8 REAL ESTATE GROUP
  • Contact: Abraham Abraham
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Appliances
  1. Water Heater
Association Fee
  1. 0.00
Building Area Total
  1. 3122.00
Commoninterest
  1. None
Common Walls
  1. 1 Common Wall
Cooling
  1. Evaporative Cooling
Country
  1. US
Days On Market
  1. 520
Electric Expense
  1. 0.00
Fireplace Features
  1. Family Room
Flooring
  1. Tile
Fuel Expense
  1. 0.00
Garage Spaces
  1. 3.00
Heating
  1. Central
  2. Wall Furnace
Insurance Expense
  1. 1500.00
Laundry Features
  1. In Kitchen
  2. Individual Room
Levels
  1. One
Lockboxtype
  1. See Remarks
Lot Features
  1. 26-30 Units/Acre
  2. Desert Back
  3. Front Yard
  4. Level with Street
  5. Lot 20000-39999 Sqft
  6. Rectangular Lot
  7. Yard
Netoperatingincome
  1. 48000.00
Parcel Number
  1. 3009011014
Pool Features
  1. None
Postalcodeplus4
  1. 4639
Property Type
  1. Commercial/Residential
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 407030935:CRM
Tenant Pays
  1. All Utilities
Totalexpenses
  1. 1500.00
Trash Expense
  1. 0.00
Virtual Tour Url
  1. https://mls.homejab.com/property/view/558-e-ave-q12-palmdale-ca-93550-usa
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1949
Year Built Source
  1. Appraiser
Zoning
  1. PDR3-C3*