558 E Avenue Q12 Active Save Request In-Person Tour Request Virtual Tour
Palmdale,CA 93550
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV23229589
Year Built 1949
Lot Size 0.504 Acres
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.
Location
State CA
County Los Angeles
Area Plm - Palmdale
Zoning PDR3-C3*
Interior
Heating Central,Wall Furnace
Cooling Evaporative Cooling
Flooring Tile
Fireplaces Type Family Room
Laundry In Kitchen,Laundry Room
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Sidewalks
Building
Lot Description 26-30 Units/Acre,Desert Back,Front Yard,Rectangular Lot,Street Level,Yard
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
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