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Sold for $765,000
  • Listed by: AGENCY 8 REAL ESTATE GROUP • Abraham Prattella • Contact: 909-589-8808
    Bought with: AGENCY 8 REAL ESTATE GROUP
    $765,000

    558 E Avenue Q12, Palmdale, CA 93550

    7beds
    4baths
    3,122sqft
    Mixed Use
    Built in 1949
    -- sqft lot
    $766,700 Zestimate®
    $245/sqft
    $1,962 Estimated rent

    Home value

    $766,700

    $698,000 - $843,000

    $1,962/mo

    Zestimate® history
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    What's special

    INCREASED INCOME, BUYER FELL OUT OF ESCROW - With a zoning of R3, the lot allows for the construction of up to 15 units, offering significant development potential. The property features three separate water, electric, and gas meters, providing individual utility setups for each unit. Each unit is thoughtfully designed, with the convenience of a private garage and a personal backyard. Parking is available on the street or in front of the units, ensuring accessibility for residents. The great curb appeal adds to the overall attractiveness of the property. Noteworthy improvements include a newer roof for two of the back units and the addition of new copper pipes in one of the back vacant units. The occupied back unit boasts a modern kitchen with a newer backsplash and includes a bar counter. The front unit, being larger in size, offers spacious living quarters. Furthermore, the conversion of the garage into an unpermitted third bedroom with a kitchen and bath in one of the units adds versatility to the property. The complex is well-maintained, reflecting the care and attention invested in its upkeep. Situated in a highly desirable area for commuters, the property's proximity to the freeway, train, and highway, as well as nearby shopping options, enhances its appeal. Overall, this triplex presents a promising investment opportunity with substantial upside potential. This triplex listing presents a lucrative opportunity for potential investors or buyers.

    Zillow last checked:

    Listing updated:

    Listed by:

    Abraham Prattella DRE #01506646 909-851-9953,

    AGENCY 8 REAL ESTATE GROUP,

    Marine Khacheryan DRE #02243972,

    New Leaf Property Management

    Bought with:

    Abraham Prattella, DRE #01506646

    AGENCY 8 REAL ESTATE GROUP

    Source: CRMLS,MLS#: CV23229589MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: All Bedrooms Down
    Heating
    • Central, Wall Furnace
    Cooling
    • Evaporative Cooling
    Appliances
    • Included: Water Heater
    • Laundry: In Kitchen, Laundry Room
    Features
    • All Bedrooms Down
    • Flooring: Tile
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 3,122
    • Total interior livable area: 3,122 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.5 Acres
    • Features: 26-30 Units/Acre, Desert Back, Front Yard, Rectangular Lot, Street Level, Yard
    Details
    • Parcel number: 3009011014
    • Zoning: PDR3-C3*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1949

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Palmdale

    Financial & listing details

    • Price per square foot: $245/sqft
    • Tax assessed value: $743,886
    • Annual tax amount: $11,324
    • Date on market: 1/16/2024
    • Cumulative days on market: 565 days
    • Listing terms: Cash,Cash to New Loan,Conventional,Cal Vet Loan,1031 Exchange,FHA 203(b),FHA 203(k),FHA,Fannie Mae,Submit,VA Loan,VA No Loan,VA No No Loan
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    2/25/2026Listing removed$2,199$1/sqft
    Source: Zillow Rentals Report a problem
    2/21/2026Listed for rent$2,199$1/sqft
    Source: Zillow Rentals Report a problem
    2/17/2026Sold$765,000$245/sqft
    Source: CRMLS #CV23229589 Report a problem
    8/4/2025Pending sale$765,000$245/sqft
    Source: CRMLS #CV23229589 Report a problem
    6/18/2025Price change$765,000+2%$245/sqft
    Source: CRMLS #CV23229589 Report a problem
    5/22/2025Price change$750,000+2%$240/sqft
    Source: CRMLS #CV23229589 Report a problem
    5/9/2025Listed for sale$735,000+2.8%$235/sqft
    Source: CRMLS #CV23229589 Report a problem
    10/12/2022Sold$715,000$229/sqft
    Source: Public Record Report a problem
    8/9/2022Pending sale$715,000$229/sqft
    Source: CRMLS #SR22134127 Report a problem
    7/27/2022Price change$715,000-4%$229/sqft
    Source: CRMLS #SR22134127 Report a problem
    6/20/2022Listed for sale$745,000+302.7%$239/sqft
    Source: CRMLS #SR22134127 Report a problem
    10/30/2003Sold$185,000$59/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,324 +5.4%$743,886 +2%
    2024$10,749 +0.9%$729,300 +2%
    2023$10,649 +113.2%$715,000 +188.5%
    2022$4,996 +2.3%$247,844 +2%
    2021$4,884 +1.8%$242,985 +1%
    2020$4,797 $240,494 +2%
    2019$4,797 +2.2%$235,779 +2%
    2018$4,692 $231,157 +2%
    2017$4,692 +1%$226,626 +2%
    2016$4,644 +5.3%$222,184 +1.5%
    2015$4,408 +4%$218,848 +6.5%
    2014$4,240 $205,500 +0.1%
    2011-- $205,301 +2.5%
    2008-- $200,249 +2%
    2007-- $196,323 +2%
    2006-- $192,474
    2005-- $192,474 +4%
    2004-- $185,000 +43.4%
    2003-- $129,000 +7.5%
    2002-- $120,000
    2000-- $120,000
    Find assessor info on the county website

    Neighborhood: 93550

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $766,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $766,700