558 E Avenue Q12
Palmdale, CA, 93550
$735,000
Beds
0 Baths
SqFt
0.5 Acres
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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.

Property Details

Price:
$735,000
MLS #:
CV23229589
Status:
Active
Baths:
0
Address:
558 E Avenue Q12
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
plmpalmdale
City:
Palmdale
Listed Date:
Jan 16, 2024
State:
CA
ZIP:
93550
Lot Size:
21,974 sqft / 0.50 acres (approx)
Year Built:
1949
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Interior

Appliances
Water Heater
Cooling
Evaporative Cooling
Fireplace Features
Family Room
Flooring
Tile
Heating
Central, Wall Furnace

Exterior

Community Features
Sidewalks
Garage Spaces
3.00
Lot Features
26-30 Units/ Acre, Desert Back, Front Yard, Level with Street, Lot 20000-39999 Sqft, Rectangular Lot, Yard
Parking Spots
3.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public

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Tenant Pays
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558 E Avenue Q12
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