About 558 E Avenue Q12
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.
Features of 558 E Avenue Q12
| MLS® # | CV23229589 |
|---|---|
| Price | $765,000 |
| Sold Price | $765,000 |
| Bedrooms | 7 |
| Bathrooms | 4.00 |
| Lot Sqft | 21,974 |
| Acres | 0.50 |
| Year Built | 1949 |
| Type | Residential Income |
| Sub-Type | Mixed Use |
| Status | Closed |
| # Of Units | 3 |
Community Information
| Address | 558 E Avenue Q12 |
|---|---|
| Area | PLM - Palmdale |
| City | Palmdale |
| County | Los Angeles |
| Zip Code | 93550 |
Amenities
| Parking Spaces | 3 |
|---|---|
| # of Garages | 3 |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Tile |
|---|---|
| Interior Features | All Bedrooms Down |
| Appliances | Water Heater |
| Heating | Central, Wall Furnace |
| Cooling | Evaporative Cooling |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Family Room |
| # of Stories | 1 |
| Stories | One |
Exterior
| Lot Description | Desert Back, Front Yard, Rectangular Lot, Street Level, TwentySixToThirtyUnitsAcre, Yard |
|---|
Additional Information
| Date Listed | January 16th, 2024 |
|---|---|
| Date Sold | February 17th, 2026 |
| Days on Market | 565 |
| Zoning | PDR3-C3* |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Abraham Prattella |
|---|---|
| Office | AGENCY 8 REAL ESTATE GROUP |
