12529 East Avenue V10 Pearblossom, CA 93553
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,733 sqft
Price per Sqft $113
MLS Listing ID MB-26218424
Style Craftsman
Bedrooms 5
Full Baths 5
Year Built 1952
Lot Size 0.819 Acres
Property Sub-Type Single Family Residence
Source California Regional Multiple Listing Service (CRMLS)
Property Description
The property offers approximately 4,733 sq. ft. of living space and is situated on a 35,651 sqft lot with LCR3 zoning. All 5 units are currently occupied and generating $4,175 in monthly income. This is a true VALUE-ADD opportunity for an investor willing to put in some TLC and improvements. This is a great FIXER, HANDYMAN SPECIAL, CONTRACTOR SPECIAL, or renovation opportunity depending on your investment strategy.
Great opportunity to BUY, IMPROVE, and BUILD EQUITY while collecting rental income. Bring your contractors, handyman, property manager, or investment team and explore the possibilities. Potential for converting to Section 8 and increased rents and improved income through renovations and better management. Buyer to independently verify all zoning, permits, square footage, unit count, rental income, development potential and other property information with the appropriate agencies.
MOTIVATED SELLER! Properties like this rarely offer the combination of 5 existing units, current occupancy, below-market rents and value-add potential. Ideal for an investor looking for a rental property, cash-flow opportunity, fixer, rehab project or long-term investment. This one could sell fast. Don't miss this opportunity!
Property sold "as is" buyer(s) and agent(s) to do their due diligence & satisfy themselves with regards to all aspects of the property including but not limited to square feet, room count, liens and permits. seller(s) or seller's agent(s) is/are not professional home inspector(s), contractor(s) or appraiser(s) and is/are not trained to guarantee or make promises in regard to property condition.
Location
State CA
County Los Angeles
Area Pblm - Pearblossom
Interior
Heating Wall Furnace
Cooling Electric
Flooring Vinyl, Carpet, Tile
Fireplaces Type None
Laundry Gas Dryer Hookup, Washer Hookup
Exterior
Garage Spaces 5.0
Pool None
Community Features Biking, Dog Park, Foothills, Hiking, Horse Trails, Hunting, Park
View Y/N No
View None
Building
Lot Description 2-5 Units/Acre
Sewer Septic Type Unknown
Others
Virtual Tour https://www.youtube.com/watch?v=TziEvfwwzEY
Nearby Locations
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