Price Reduced Listing
Description
This thoughtfully designed and well-maintained four unit property offers exceptional versatility and strong income potential. The front unit is a spacious, upgraded vacant 2 bedroom, 1 bath residence that lives like a single-family home perfect for owner occupancy or commanding top market rent. Attached to the front is a private studio with its own separate entrance, providing added rental flexibility. The property also features 2 more studios well proportioned with own private bath, appealing to a broad tenant base. Each unit is separately metered for gas and electric, ensuring efficient operations and ease of management. Tenants benefit from two covered alley-access parking spaces, while a detached two-car garage with individual single doors offers additional parking, storage, or potential value-add opportunities. Pride of ownership throughout, this property is ideally suited for investors seeking strong and reliable cash flow, long-term appreciation, and a high quality multifamily asset in a solid rental market.
Details
| MLS # | SR26161196 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1949 |
| Days On Site | 35 |
| Listing Provided By | LPT Realty, Inc | George Kpachavi |
Features
| SQ Feet | 1,697 |
|---|---|
| Garage | 2 |
| Car Port | Yes |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 2 |
| Zoning | LRR2* |
| Acreage | 0.20 |
| Property View | Yes |
Interior
| Heating | Central |
|---|---|
| Heating Yes / No | Yes |
| Interior Features | All Bedrooms Down, Bedroom On Main Level |
| Appliances | Electric Range, Gas Range, Water Heater |
| Fireplace Yes / No | Yes |
Exterior
| Roof | Shingle |
|---|---|
| Lot Features | Back Yard, Front Yard, Level, Rectangular Lot |
Parking
| Parking Features | Covered, Carport |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Standard |
| Sewer | Public Sewer |
Location
| Community Features | Biking, Curbs, Gutters, Hiking, Storm Drains, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Lancaster |
| Zip Code | 93534 |
| Area | LAC Lancaster |
| Listing VS Median (in 93534) | |
Price: $624,000 low | high Med: $675,000 sqft: 1,697 low | high Med: 3,076 $ / sqft: $368 low | high Med: $219 On site: 35 low | high Med: 292 | |
Market Activity 93534
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Lancaster |
| Zip Code | 93534 |
| Area | LAC Lancaster |
| Listing VS Median (in 93534) | |
Price: $624,000 low | high Med: $675,000 sqft: 1,697 low | high Med: 3,076 $ / sqft: $368 low | high Med: $219 On site: 35 low | high Med: 292 | |
