12116 E Avenue V-10, Pearblossom, CA 93553

Property Description

ATTENTION INVESTORS, CASH BUYERS, FLIPPERS & CONTRACTORS! RARE PEARBLOSSOM DUPLEX WITH HUGE UPSIDE! This is a fantastic opportunity to acquire a 2-unit property on an oversized 37,756 sq ft lot in a rural setting. The property offers approximately 2,258 sq ft of living space, with the front unit currently VACANT and the rear unit OCCUPIED and producing rental income BELOW MARKET VALUE—creating immediate potential for an investor to increase cash flow. PROPERTY NEEDS TLC and is ideal for a HANDYMAN, CONTRACTOR, INVESTOR or buyer looking for a value-add project. The real opportunity is the HUGE LOT and TWO LARGE BARNS. One is an impressive TWO-STORY BARN with tremendous potential for conversion or other permitted uses. The second barn provides substantial enclosed space suitable for STORAGE, including large RVs, vehicles, equipment and recreational toys. Buyer to verify all potential uses, permits and conversion possibilities with Los Angeles County. The property is zoned LCRA7500* and offers a rural/agricultural setting suitable for HORSES and FARM ANIMALS, subject to applicable County regulations. GREAT OPPORTUNITY TO BUY AND BUILD, RENOVATE, ADD VALUE AND CREATE EQUITY. Multiple potential strategies include living in one unit while collecting rent from the other, renovating the existing units, improving the rental income, utilizing the substantial barn/storage areas, or exploring additional permitted improvements. MOTIVATED SELLER. SELLER MAY CONSIDER A QUICK SALE. Bring your contractor, handyman or investment team and take a look! Properties with this combination of TWO UNITS, LARGE LOT, BELOW-MARKET RENT, TWO LARGE BARNS and significant VALUE-ADD POTENTIAL are hard to find. CASH BUYERS and INVESTORS. Don't miss this opportunity! Property sold "as is" buyer(s) and agent(s) to do their due diligence & satisfy themselves with regards to all aspects of the property including but not limited to square feet, room count, liens and permits. seller(s) or seller’s agent(s) is/are not professional home inspector(s), contractor(s) or appraiser(s) and is/are not trained to guarantee or make promises in regard to property condition.