2554 Olive #123, Palmdale, CA 93550
$224,900 LOGIN TO SAVE
2554 Olive #123, Palmdale, CA 93550
Bedrooms: 1
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Bathrooms: 1
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Area: 529 SqFt.
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!
Features
- 4.85 Acres
- 1 Story
Listing provided courtesy of Mark Mestepey of Castlestone Properties, Inc.. Last updated 2025-07-29 08:07:07.000000. Listing information © 2025 .

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