$224,900

FOR SALE

2554 Olive Drive 123

Palmdale, Ca, 93550

MLS #SR25021742

Subdivision: -

Building: 2554 Olive Drive

1 Beds

1/- Baths

529 sqft

$ 425.14 /sqft

Property Details

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!

Property Features

-

Property Type
Condo/Co-Op/Villa/Townhouse
HOA Fee/Monthly
Monthly
HOPA
No
Membership Fees
-
Appliances
-
Restrictions
-
Furnished
-
Flooring
-
No. of Floor
-
Terms Considered
Cash,Conventional,Exchange1031
Year Built
1988
Cooling
CentralAir
Pets Allowed
-
Amenities
Clubhouse,ControlledAccess,MaintenanceGrounds,Insurance,Pool,Security,Trash,Water
Interior
-
Maintenance Fee Includes
Sewer
Governing Bodies
-
Construction
-
Security
-
Heating
Central
Garage/Carport
-
Dining Area
-
Exterior
-
Pet Restrictions
No
Parking
Assigned
Application Fee
-
Water Access
-
Pool
Yes
Gated Community
-
Status
A
Listing Office
Castlestone Properties Inc

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Listing Courtesy of: Castlestone Properties Inc