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About the Listing F6460035 - SR150560074
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!
Listing Highlights for 2554 Olive Dr Unit 123
Status
Active
Days on Site
219
Property Type
Condo/Townhome
MLS ®
SR25021742
Year Built
1988
Total Square Footage
529
Lot/Acreage
4.85
County
Los Angeles
Neighborhood
Monte Vista
Area
PLM - Palmdale
HOA Dues
360/Monthly
School District
Antelope Valley Union
Interior Details
- Bedrooms: 1
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: PDRPD15U*
- Roof:
- Others:
- Sewer: Sewer Paid
- Parking Features: Assigned
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 3053053402
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Listing Location
Questions About..
2554 Olive Dr Unit 123 Palmdale, CA 93550
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