558 East Ave Q12

Palmdale, CA 93550

$735,000
Price
7
Beds
4
Baths
3,122 Sq. Ft.
$235 / Sq. Ft.
3,122
Sq. Ft.
$235
per Sq. Ft.

Description

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...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.
  1. Listed by Abraham Prattella • DRE #01506646 • Brokerage DRE #02173153 • AGENCY 8 REAL ESTATE GROUP • 909-851-9953

Property Details for 558 East Ave Q12

Parking Spaces Total
3
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3122
Assessor Parcel Number
3009-011-014
Property Attached YN
true
LISTING UPDATED: 08/25/2024 02:16 PM

Property Details for 558 East Ave Q12

StatusActive
MLS #CV23229589
Days on Market305
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1949
Lot Size0.50 AC / 21,974 SF
CountyLos Angeles County

Virtual Tour

Building Information for 558 East Ave Q12

Stories1Residences-Year Built1949Building Size-Lot Size0.50 AC / 21,974 SF

Property Information for 558 East Ave Q12

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $48,000
  • Gross Scheduled Income: $50,484
  • Net Operating Income: $48,000
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,500
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $1,500
Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Census Tract: 9104.05
  • Tax Lot: 48
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Water Heater
  • Equipment: In Kitchen, Room
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 26-30 Units/Acre, Desert Back, Front Yard, Level with Street, Lot 20000-39999 Sqft, Rectangular Lot, Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,995
  • Unit Type Total Rent: $1,992
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $925
  • Unit Type Total Rent: $925
  • Unit Type Pro Forma: 1550
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,287
  • Unit Type Total Rent: $1,287
  • Unit Type Pro Forma: 1550
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3

Property History for 558 East Ave Q12

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 558 East Ave Q12

Taxable ValueLand$112,200Additions$617,100Total$729,300
Tax Record2024$10,749 ($896 / month)
Home Facts
Total Finished SqFt3,122 SqFtAbove Grade Finished SqFt3,122 SqFtLot Size21,967 SqFtStyleTriplexYear Built1949ZoningPDR3-C3*CountyLOS ANGELESAPN3009-011-014

Schools near 558 East Ave Q12

This home is within Antelope Valley Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Yucca Elementary School
PublicK to 5

David G. Millen Intermediate
Public6 to 8

Highland High School
Public9 to 12

Palmdale Learning Plaza School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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558 East Ave Q12 is a mixed use property for sale in Palmdale, CA 93550. This property was listed for sale on January 16, 2024 by AGENCY 8 REAL ESTATE GROUP, it's currently listed at $735,000. It has been on the market for a total of 305 days and was last sold on October 13, 2022. This listing's school districts are Antelope Valley Union High School District, Palmdale Elementary School District. Nearby schools include Yucca Elementary School, David G. Millen Intermediate and Highland High School. 558 East Ave Q12 is a 7-bed, 4-bath, 3,122 sqft mixed use property built in 1949.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of AGENCY 8 REAL ESTATE GROUP, Abraham Prattella, DRE #01506646

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.