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Turnkey investment opportunity! This 2+2 condo in the gated Monte Vista HOA is currently rented to a Section 8 tenant at $2,095 per month. The tenant moved into the unit in August 2024 and is current on the rent. The unit was thoroughly updated prior to the tenant's move-in with new paint, new carpeting, new kitchen counters and many other new fixtures/features. This provides a great opportunity for an investor to purchase a rental with the tenant already in place at market value, and with a large percentage of the rent being covered by the Housing Authority (tenant's portion is currently $49). This condo is on the 2nd floor and has a nice floorplan. Both bedrooms have an en-suite bathroom, the living room is spacious, and there's 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 Type(s):
Condo/Townhouse/Co-Op
| Last Updated | 1/29/2025 | Year Built | 1986 |
|---|---|---|---|
| Community | Palmdale | County | Los Angeles |
SCHOOLS
| School District | Antelope Valley Union |
|---|
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Clubhouse, Controlled Access, Insurance, Maintenance Grounds, Pool, Security, Spa/Hot Tub, Trash, Water |
| AREA | Palmdale |
| HEAT | Central |
| HOA DUES | 360 |
| LOT | 4.83 acre(s) |
| POOL | Yes |
| POOL DESCRIPTION | Community,Association |
| SEWER | Public Sewer |
| STORIES | 1 |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | PDRPD15U* |
Location
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Listed with Castlestone Properties, Inc.
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