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Eric Meeler

eric@keyrealtyca.com +1(619) 349-4945

$ 450,000

Est. payment | -/mo

4 Beds

2 Baths

2,258 SqFt

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$ 450,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

2 Baths

2,258 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,258 sqft

Price per Sqft $199

MLS Listing ID MB26218526

Bedrooms 4

Full Baths 2

Year Built 1938

Lot Size 0.867 Acres

Property Sub-Type Detached

Property Description

ATTENTION INVESTORS, CASH BUYERS, FLIPPERS & CONTRACTORS! RARE PEARBLOSSOM DUPLEX WITH HUGE UPSIDE! This is a fantastic opportunity to acquire a 2-unit property on an oversized 37,756 sq ft lot in a rural setting. The property offers approximately 2,258 sq ft of living space, with the front unit currently VACANT and the rear unit OCCUPIED and producing rental income BELOW MARKET VALUEcreating immediate potential for an investor to increase cash flow. PROPERTY NEEDS TLC and is ideal for a HANDYMAN, CONTRACTOR, INVESTOR or buyer looking for a value-add project. The real opportunity is the HUGE LOT and TWO LARGE BARNS. One is an impressive TWO-STORY BARN with tremendous potential for conversion or other permitted uses. The second barn provides substantial enclosed space suitable for STORAGE, including large RVs, vehicles, equipment and recreational toys. Buyer to verify all potential uses, permits and conversion possibilities with Los Angeles County. The property is zoned LCRA7500* and offers a rural/agricultural setting suitable for HORSES and FARM ANIMALS, subject to applicable County regulations. GREAT OPPORTUNITY TO BUY AND BUILD, RENOVATE, ADD VALUE AND CREATE EQUITY. Multiple potential strategies include living in one unit while collecting rent from the other, renovating the existing units, improving the rental income, utilizing the substantial barn/storage areas, or exploring additional permitted improvements. MOTIVATED SELLER. SELLER MAY CONSIDER A QUICK SALE. Bring your contractor, handyman or investment team and take a look! Properties with this combination of TWO UN

Location

State CA

County Los Angeles

Community Horse Trails

Direction North of 138 Pearblossom freeway. 121st Street is the cross street.

Interior

Cooling Electric

Fireplace No

Laundry Gas, Washer Hookup

Exterior

Garage Spaces 6.0

View Y/N Yes

Water Access Desc Public

View Mountains/Hills

Total Parking Spaces 6

Building

Story 1

Sewer Unknown

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 3038019002

Acceptable Financing Cash, FHA

Listing Terms Cash, FHA

Special Listing Condition Standard

Virtual Tour https://www.youtube.com/watch?v=iZDQ87-gEkI

Listed by TIM MARAIS, DRE#02130924 ROCKCAL REAL ESTATE
Co-listed byNON LISTED OFFICE

NEARBY SCHOOL & BUSINESS

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

+1(619) 349-4945

eric@keyrealtyca.com

401 W A St, San Diego, CA 92101, USA

12116 E Avenue V-10 Pearblossom, CA 93553

Eric Meeler

Key Details

Location

Interior

Exterior

Building

Others

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12116 E Avenue V-10