Home | Los Angeles County | Palmdale | 93551 | 1045 Elizabeth Lake Rd
MLS: CRSR26155533 | Status: Active | Price: $499,990
Beds/Baths: 2 / 1
Property Type: Residential
| Beds | Bath | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| 2 | 1 | 783 | 10,454 | 1950 |
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
| Field | Value |
|---|---|
| MLS # | CRSR26155533 |
| MLS Source | California Regional MLS |
| Days on Site | 0 |
| Feature | Details |
|---|---|
| Appliances | Other, Oven Range - Gas |
| Fireplace | None |
| Laundry | Other |
| Cooling | Evaporative Cooler |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Pool | None |
| Style | Traditional |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 1 Car(s) |
| HOA Fee | $0 |
Esperanza Marroquin
Marro Real Estate, Inc.
License #: 01385504
Phone: –
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 2617 Redington Street | $519,999 | 4 | 3 | 1,428 | PendingDoNotShow |
| 37530 Henna Ln | $548,500 | 3 | 2/1 | 1,847 | Active |
| 40149 La Cota Dr | $470,000 | 3 | 2/1 | 1,475 | Active |
| 39543 Armfield Ave | $399,999 | 3 | 2 | 1,044 | Active |
©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of July 16, 2026. For the most current information, please contact Esperanza Marroquin.