UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 783 sqft
Price per Sqft $638
MLS Listing ID SR26155533
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1950
Lot Size 10,454 Sqft
Property Sub-Type Single Family Residence
Property Description
Exceptional investment opportunity featuring a well-maintained single-family home with a permitted detached cottage, both currently tenant-occupied and generating immediate cash flow.
The main residence offers approximately 783 square feet with 2 bedrooms and 1 bathroom and was updated in 2021. The permitted detached cottage provides approximately 400 square feet, creating an ideal setup for investors seeking immediate cash flow or owner occupants looking to offset their mortgage with rental income.
Situated on an R-3 zoned lot, this property offers excellent potential for future expansion, redevelopment, or the addition of residential units (buyer to verify all development possibilities with the City of Palmdale). The generous lot provides flexibility for future projects while the existing improvements deliver income from day one.
Conveniently located near shopping, schools, parks, public transportation, and major commuter routes, this property offers the perfect combination of current rental income and long-term investment potential. Whether you're expanding your real estate portfolio, purchasing your first income property, or exploring future development opportunities, this versatile property presents a rare opportunity with immediate returns and significant upside.
Location
State CA
County Los Angeles
Area Plm - Palmdale
Rooms
Main Level Bedrooms 2
Interior
Heating Wall Furnace
Cooling Evaporative Cooling
Fireplaces Type None
Fireplace No
Appliance Gas Range
Laundry Inside
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Suburban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Total Parking Spaces 1
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Rectangular Lot
Dwelling Type House
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
New Construction No
Schools
School District Palmdale
Others
Senior Community No
Tax ID 3003009005
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard, Trust
Nearby School & Business
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