$224,900
2554 Olive Dr Apt 123, Palmdale, CA 93550
- 1Bed
- 1Bath
- 529SqFt
- 1Bed
- 1Bath
- 529SqFt
- Property TypeCondo
- Year Built1988
- HOA Fees$360/mo
- Price per Sqft$425
- On highrises17 Days
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
Bedrooms
- Bedrooms: 1
- Bedrooms On Main Level: 1
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Mark Mestepey
- Brokered by:
- Castlestone Properties, Inc.
- (818) 298-7333
Also at 2554 Olive Dr
