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Listed by Mark Mestepey • Castlestone Properties, Inc.
$ 224,900
Est. payment | /mo
1 Bed
1 Bath
529 SqFt
$ 224,900
Est. payment | /mo
1 Bed
1 Bath
529 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 529 sqft
Price per Sqft $425
MLS Listing ID CRSR25021742
Bedrooms 1
Full Baths 1
HOA Fees $360/mo
HOA Y/N Yes
Year Built 1988
Lot Size 4.854 Acres
Property Sub-Type Condominium
Source Datashare California Regional
Property Description
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!
Location
State CA
County Los Angeles
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Laundry Closet
Exterior
Amenities Available Clubhouse, Pool, Gated, Other
View None
Private Pool false
Building
Story 1
Water Public
Schools
School District Antelope Valley Union High
Others
HOA Fee Include Security/Gate Fee,Trash,Water/Sewer,Insurance,Maintenance Grounds
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