12116 E Avenue V-10, Pearblossom, CA 93553
12116 E Avenue V-10, Pearblossom, CA 93553
12116 E Avenue V-10, Pearblossom, CA 93553
12116 E Avenue V-10, Pearblossom, CA 93553
12116 E Avenue V-10, Pearblossom, CA 93553
12116 E Avenue V-10, Pearblossom, CA 93553
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$ 450,000
Est. payment | /mo

4 Beds

2 Baths

2,258 SqFt


$ 450,000
Est. payment | /mo

4 Beds

2 Baths

2,258 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

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

HOA Y/N No

Year Built 1938

Lot Size 0.867 Acres

Property Sub-Type Single Family Residence

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 VALUE—creating 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 UNITS, LARGE LOT, BELOW-MARKET RENT, TWO LARGE BARNS and significant VALUE-ADD POTENTIAL are hard to find. CASH BUYERS and INVESTORS. Don't miss this opportunity!

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.

Location

State CA

County Los Angeles

Area Pblm - Pearblossom

Rooms

Main Level Bedrooms 4

Interior

Interior Features All Bedrooms Down

Cooling Electric

Fireplaces Type Primary Bedroom

Fireplace Yes

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Biking, Dog Park, Hiking, Horse Trails

View Y/N Yes

View Hills, Mountain(s)

Total Parking Spaces 6

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type House

Story 1

Entry Level One

Sewer Septic Type Unknown

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 3038019002

Acceptable Financing Cash, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Freddie Mac, Government Loan

Listing Terms Cash, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Freddie Mac, Government Loan

Special Listing Condition Standard

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

CRMLS Full IDX Feed (MAIN Website Search)
Listed by TIM MARAIS ROCKCAL REAL ESTATE 818-642-8524, DRE #02130924

NEARBY SCHOOLS & PROPERTIES

Crystal Hall

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

+1(619) 888-1239

crystaltherealtor@icloud.com

6050 Santo Road # 270, Diego, California 92124, United States

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12116 E Avenue V-10