1011 W Avenue H12, Lancaster, CA 93534
- $1,090,000
- 8
- BD
- 7
- BA
- 3,940
- SqFt
List Agent Charly Daoud () eXp Realty of Greater Los Angeles, Inc.; CoList ()
- List Price
- $1,090,000
- Status
- ACTIVE
- MLS#
- SR26122376
- Year Built
- 1981
- Bedrooms
- 8
- Bathrooms
- 7
- Living Sq. Ft
- 3,940
- Lot Size
- 7,637
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 55
- Property Type
- Multifamily
- Style
- See Remarks
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
4-Unit Multifamily | On Time Income | Tenants | Turnkey Value-Add Exceptional 4-unit investment opportunity in the heart of Lancaster. This well-maintained multifamily property consists of four 2-bedroom, 1-bath units and offers strong, stable income with a proven rental history. Three of the four units have been occupied by long-term tenants for over 10 years, reflecting tenant satisfaction and consistent occupancy. Located in a growing area of the Antelope Valley with convenient access to shopping, schools, employment centers, and major commuter routes. The property currently generates substantial rental income and presents an attractive opportunity for investors seeking immediate cash flow and long-term appreciation potential. Approximately $7,478/month in gross rental income. Whether you’re looking to expand your portfolio, complete a 1031 exchange, or acquire a performing multifamily asset, this property offers a rare combination of stability, income, and future upside in one of Lancaster’s established rental markets. Buyer to independently verify all rental income, expenses, leases, and property information.
Additional Information
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- None
- Patio
- Open, Patio
- Roof
- Shingle
- Garage Spaces Total
- 5
- Sewer
- Public Sewer
- Water
- Public
- School District
- Antelope Valley Union
Mortgage Calculator
Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.