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Emil Soleyman

emil@emilrealestate.com +1(209) 500-8589

Listed by TIM MARAIS, DRE #02130924 • ROCKCAL REAL ESTATE

$550,000

Est. payment - /mo

5 Beds

5 Baths

4,733 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,733 sqft

Price per Sqft $116

MLS Listing ID CRMB26218424

Style Craftsman

Bedrooms 5

Full Baths 5

Year Built 1952

Lot Size 0.819 Acres

Property Sub-Type Single Family Home

Source California Regional MLS

Property Description

Seller is willing to offer concessions. ATTENTION INVESTORS! Great opportunity to own a fully occupied 5-unit income-producing property in Pearblossom! The current monthly income is $4,175. Here is the breakdown of the rental income: $1075, $700, $1,000, $700, $700 per month. This is the type of property investors have been looking for. Strong rental potential, existing tenants, and rents that are currently BELOW MARKET, offering an excellent opportunity to increase cash flow and value over time. 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,

Location

State CA

County Los Angeles

Area Pblm - Pearblossom

Rooms

Kitchen Oven - Gas

Interior

Heating Wall Furnace

Cooling Central Forced Air - Electric

Fireplaces Type None

Laundry Gas Hookup, 30

Exterior

Garage Spaces 5.0

Pool 31, None

View None

Building

Lot Description Hunting

Story One Story

Architectural Style Craftsman

Others

Tax ID 3038015027

Special Listing Condition Not Applicable

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12529 E Avenue V10 Pearblossom, CA 93553