558 E Avenue Q12 Palmdale, CA $ 735,000
558 E Avenue Q12
$ 735,000
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558 E Avenue Q12

Palmdale, CA, 93550
$ 735,000
Bedrooms3 Baths2.0 Sq 3,122

Monthly Estimate*

$ 4,885

Listed by AGENCY 8 REAL ESTATE GROUP
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Multi-Family Home for sale in Palmdale, CA

for $735,000 with 3 bedrooms and 2 full baths. This 3,122 square foot home was built in 1949 on a lot size of 0.5045.

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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Multi-Family Active

Price

$ 735,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

MixedUse

Lot Size

0.5045

Year Built

1949

Town/City

Palmdale

County/Region

Los Angeles

MLS | Web ID

CV23229589

Days on Market

134

Features
General
Interior Features AllBedroomsDown
Sewer PublicSewer
Heating Central WallFurnace
Cooling EvaporativeCooling
Appliances WaterHeater
Zoning PDR3-C3*
HOA 0.0
Garage Spaces 3.0
Pool Features None
Year Built 1949
Tenant Pays AllUtilities
Stories 1
Levels One
Property SubType MixedUse
Gross Income 48000.0
Community Features Sidewalks
County Los Angeles
Net Operating Income 48000.0
Operating Expense 0.0
Insurance Expense 1500.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Between 6th Ave. East and 5th Ave. East on Avenue Q12
City Palmdale
Entry Location 1
View Y/N N
Senior Community Y/N N
Total Units 3
MLS Area PLM - Palmdale
Lot Size Square Feet 21974.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Avenue Q12
Listing Terms Cash CashtoNewLoan Conventional CalVetLoan Item1031Exchange FHA203b FHA203k FHA FannieMae Submit VALoan VANoLoan VANoNoLoan
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://mls.homejab.com/property/view/558-e-ave-q12-palmdale-ca-93550-usa https://homejab.vr-360-tour.com/e/avQBjP1oAkU/e
Days on Market 130
Building Area Units SquareFeet
Standard Status Active
Year Built Source Appraiser
Tax Lot 48
Property Sub Type Additional MixedUse
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Interior
Flooring Tile
Fireplace Features FamilyRoom
Total Stories 1
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Laundry Features InKitchen LaundryRoom
Entry Level 1
Electric On Property Y/N N
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Exterior
Lot Features Item2630UnitsAcre DesertBack FrontYard RectangularLot StreetLevel Yard
Water Source Public
Total Parking 3.0
Lot Size Area 21974.0
Number of Buildings 2
Spa N
Building Area Total 3122.0
Lot Size Acres 0.5045
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 3
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 558
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* Excluded Features
List By
Agency 8 Real Estate Group

Broker

(909) 445-0123

Phone

Affordability Calculator

$4,885
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,885
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/21/2024$735,000 -2.00% Price Down
1/17/2024$750,000 Listed Price

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558 E Avenue Q12, Palmdale, CA, 93550 is a Multi-Family Home for sale at $735,000 with 3,122 sqft and a lot size of 0.5045. 558 E Avenue Q12 has 3 bedrooms, 2.0 baths, and was built in 1949. The property's zip code is 93550 which is in Palmdale, CA