1045 Elizabeth Lake RD, Palmdale, CA 93551
1045 Elizabeth Lake RD, Palmdale, CA 93551
1045 Elizabeth Lake RD, Palmdale, CA 93551
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Hati Robles

Hati Robles

+1(408) 690-8815
Listed by Esperanza Marroquin, DRE #01385504 • Marro Real Estate, Inc.
$499,990
Est. payment /mo
2 Beds
1 Bath
783 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 783 sqft

Price per Sqft $638

MLS Listing ID CRSR26155533

Style Traditional

Bedrooms 2

Full Baths 1

Year Built 1950

Lot Size 10,454 Sqft

Property Sub-Type Single Family Home

Source California Regional MLS

Property Description

Income-Producing Single Family Home with Permitted Detached Cottage & Development Potential! Exceptional investment opportunity featuring a well-maintained single-family home with a permitted detached cottage, both currently tenant-occupied and generating immediate cash flow. The main residence offers approximately 783 square feet with 2 bedrooms and 1 bathroom and was updated in 2021. The permitted detached cottage provides approximately 400 square feet, creating an ideal setup for investors seeking immediate cash flow or owner occupants looking to offset their mortgage with rental income. Situated on an R-3 zoned lot, this property offers excellent potential for future expansion, redevelopment, or the addition of residential units (buyer to verify all development possibilities with the City of Palmdale). The generous lot provides flexibility for future projects while the existing improvements deliver income from day one. Conveniently located near shopping, schools, parks, public transportation, and major commuter routes, this property offers the perfect combination of current rental income and long-term investment potential. Whether you're expanding your real estate portfolio, purchasing your first income property, or exploring future development opportunities, this

Location

State CA

County Los Angeles

Area Plm - Palmdale

Rooms

Kitchen Oven Range - Gas

Interior

Heating Wall Furnace

Cooling Evaporative Cooler

Fireplaces Type None

Laundry Other

Exterior

Garage Spaces 1.0

Pool 31, None

View Local/Neighborhood

Building

Story One Story

Water District - Public

Architectural Style Traditional

Others

Tax ID 3003009005

Special Listing Condition Not Applicable

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Hati Robles
Hati Robles

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+1(408) 690-8815 | hatirobles@selborhomes.com

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1045 Elizabeth Lake RD