Palmdale, CA 93550 558 E Avenue Q12
$750,000
42 more
Presented By: Abraham Prattella with AGENCY 8 REAL ESTATE GROUP;
Home Details
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.
Presented By: Abraham Prattella with AGENCY 8 REAL ESTATE GROUP;
Interior Features for 558 E Avenue Q12
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace FeaturesFamilyRoom
Fireplace Y/NYes
FlooringTile
Heating Y/NYes
Laundry FeaturesInKitchen, LaundryRoom
Total Stories1
Other Rooms
Entry Level1
General for 558 E Avenue Q12
Additional Parcels Y/NNo
AppliancesWaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityPalmdale
Community FeaturesSidewalks
CoolingEvaporativeCooling
CountyLos Angeles
Days on Market80
DirectionsBetween 6th Ave. East and 5th Ave. East on Avenue Q12
Electric Expense0.0
Entry Location1
Fuel Expense0.0
Garage Spaces3.0
Garage Y/NYes
Gross Income48000.0
HOA0.0
HOA / Comm AssnNo
HeatingCentral, WallFurnace
Home Warranty Y/NNo
Insurance Expense1500.0
Interior FeaturesAllBedroomsDown
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashtoNewLoan, Conventional, CalVetLoan, Item1031Exchange, FHA203b, FHA203k, FHA, FannieMae, Submit, VALoan, VANoLoan, VANoNoLoan
Lot Size Square Feet21974.0
MLS AreaPLM - Palmdale
MobileHomeRemainsYNNo
Net Operating Income48000.0
New ConstructionNo
Operating Expense0.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameAvenue Q12
Tax Lot48
Tenant PaysAllUtilities
Total Units3
Trash Expense0.0
View Y/NNo
Virtual TourClick here
Virtual TourClick here
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1949
Year Built SourceAppraiser
ZoningPDR3-C3*
Exterior for 558 E Avenue Q12
Building Area Total3122.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem2630UnitsAcre, DesertBack, FrontYard, RectangularLot, StreetLevel, Yard
Lot Size Acres0.5045
Lot Size Area21974.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters3
Open Parking Y/NNo
SpaNo
Total Parking3.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480