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$ 1,099,000
Est. payment /mo
Active
Address not disclosed Lancaster, CA 93535
10 Beds
4 Baths
2,912 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,912 sqft
Price per Sqft $377
MLS Listing ID 26005427
Bedrooms 10
Year Built 1957
Lot Size 0.690 Acres
Acres 0.69
Source Greater Antelope Valley Association of REALTORS®
Land Area 2912
Property Description
We are proud to present these four single family homes all on one large 30k plus size lot!!! Room to build ADU's/Tiny homes but first check/verify with the City of Lancaster. Perfect opportunity for 30 year fixed financing. Owner pays water and tenants are responsible for all other utilities including trash. The average water bill is on average typically $200 monthly or $2400 yr and the gross monthly rent combined is $9,053 or $108,636 yr and tenants pay all other utilities including trash! WOW...what a nice return! Many upgrades have been completed to all of the homes including new A/C mini splits in two of the homes, 2 new water heaters, a full plumbing repipe, lighting, cabinets, toilets, sinks and much more. Solid tenants in place with 2 on the section 8 housing program. Centrally located in the heart of Lancaster with a short walk to Starbucks, schools parks and shopping. All homes are very private and feature their own private yards. The property features one APN with a front house 3bed/1bath with detached 2 car garage. Two 2 bed/1bath with 1 car attached garages and a 3 bed 1 bath with two parking spaces. Don't miss out on this tremendous opportunity to purchase a solid investment property with a very nice rare yield. Act now before it's too late! Do not disturb tenants. L/A is part owner.
Location
State CA
County Los Angeles
Zoning LRRA6500*
Direction Exit 14 Freeway Avenue K, head East, right to 6th St E, property is on the left
Interior
Cooling Evaporative Cooling
Exterior
Roof Type Composition
Building
Structure Type Stucco,Wood Siding
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