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Cris Epstein

cris.epstein@engelvoelkers.com +1(818) 269-4377

Listed by Abraham Prattella • AGENCY 8 REAL ESTATE GROUP

$ 765,000

Est. payment -/mo

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Pending

558 East Avenue Q12 Palmdale, CA 93550

3,122 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Commercial/Residential

Listing Status Pending

Purchase Type For Sale

Square Footage 3,122 sqft

Price per Sqft $245

MLS Listing ID CV-23229589

Year Built 1949

Lot Size 0.504 Acres

Property Sub-Type Commercial/Residential

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

Heating Wall Furnace, Central

Flooring Tile

Fireplaces Type Family Room

Laundry In Kitchen, Individual Room

Exterior

Parking Features Gated

Garage Spaces 3.0

Pool None

Community Features Sidewalks

Building

Lot Description Desert Back, Front Yard, Level with Street, Lot 20000-39999 Sqft, Rectangular Lot, Yard, 26-30 Units/Acre

Sewer Public Sewer

Others

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Cris Epstein

Advisor | License ID: 01385089

+1(818) 269-4377

Cris Epstein

558 East Avenue Q12 Palmdale, CA 93550

Key Details

Location

Interior

Exterior

Building

Others

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558 East Avenue Q12