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12116 East Avenue V10, Pearblossom, CA 93553

$420K4bd · 2ba · 2,258 sqft
Lot 37,768 sqft•Single Family Residence•
Active
•4d on market•MLS# MB-26218526

Property Description

Seller is willing to offer concessions. ATTENTION INVESTORS! The real opportunity is the HUGE LOT and 2 LARGE BARNS that could be converted to ADUs for rental income. Buyer to verify all potential uses, permits and conversion possibilities with Los Angeles County. FLIPPERS and CONTRACTORS will love this! RARE PEARBLOSSOM DUPLEX WITH HUGE UPSIDE! PROPERTY NEEDS TLC and is ideal for a HANDYMAN, CONTRACTOR, INVESTOR or buyer looking for a value-add project. This is a great opportunity to acquire a duplex property on an oversized 37,756 sq ft lot in a rural setting. The property offers approximately 2,258 sqft of living space. The front house is currently VACANT and the rear house is OCCUPIED and producing $500 rental income BELOW MARKET VALUE. Creating potential for an investor to increase cash flow. 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 WILL CONSIDER A QUICK SALE. Bring your contractor, handyman or investment team and take a look! Properties with this combination of TWO UNITS, LARGE LOT, BELOW-MARKET RENT, TWO LARGE BARNS and significant VALUE-ADD POTENTIAL are hard to find. INVESTORS Don't miss this opportunity! It will sell fast. 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.

Features & Amenities

FeeBuilt 1938

Property Details

Land Type
Fee
Year Built
1938
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
6
Garage Spaces
6
Cooling
Electric
View
Hills, Mountain(s)
City
Pearblossom
Zip Code
93553
County
Los Angeles
Listed byUnknown Office, TIM MARAIS

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,123.75
Principal & Interest
Loan Amount
$336,000
Total Interest
$428,549
Total Payment Over 30 Years
$764,549
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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