CA > Palmdale
Palmdale, CA 93550,2554 Olive DR #123
Palmdale, CA 93550,2554 Olive DR #123
Palmdale, CA 93550,2554 Olive DR #123
Palmdale, CA 93550,2554 Olive DR #123
Palmdale, CA 93550,2554 Olive DR #123
Palmdale, CA 93550,2554 Olive DR #123
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Jamie Ambrose

Jamie Ambrose

+1(310) 561-3052
$ 224,900
Est. payment | /mo

1 Bed

1 Bath

529 SqFt

Save
$ 224,900
Est. payment | /mo
Save

1 Bed

1 Bath

529 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 529 sqft

Price per Sqft $425

MLS Listing ID SR25021742

Bedrooms 1

Full Baths 1

Condo Fees $360

HOA Fees $360/mo

HOA Y/N Yes

Year Built 1988

Lot Size 4.854 Acres

Property Description

Turnkey investment opportunity! This 1+1 condo in the gated Monte Vista HOA is currently rented to a Section 8 tenant at $1,695 per month. The tenant has lived in the unit since 2020 and is current on the rent. The rent has been raised over the years, and this provides a great opportunity for an investor to purchase a rental with the tenant already in place at market value. This condo is on the 2nd floor and has a nice floorplan, along with a large balcony off the living room. It also has in-unit washer/dryer connections. The Monte Vista condo community is gated and well-managed, with amenities such as community pools, clubhouse, and on-site security. The HOA covers water and trash service, as well. This condo is well-suited to an investor looking for a rental that provides immediate cash-flow at a low price, without having to hassle with move-in repairs or the leasing process. Don't miss out!

Location

State CA

County Los Angeles

Area Plm - Palmdale

Zoning PDRPD15U*

Rooms

Main Level Bedrooms 1

Interior

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry Laundry Closet

Exterior

Parking Features Assigned

Pool Community, Association

Community Features Suburban, Pool

Amenities Available Clubhouse, Controlled Access, Maintenance Grounds, Insurance, Pool, Security, Trash, Water

View Y/N No

View None

Private Pool No

Building

Dwelling Type House

Story 1

Entry Level One

Sewer Sewer Tap Paid

Water Public

Level or Stories One

New Construction No

Schools

School District Antelope Valley Union

Others

HOA Name Monte Vista

HOA Fee Include Sewer

Senior Community No

Tax ID 3053053402

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Mark Mestepey • Castlestone Properties, Inc. • 818-624-0099
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(310) 561-3052

jamie@jamieambrose.com

23670 Hawthorne Blvd. #100 Torrance, CA 90505

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2554 Olive DR #123