Investor special! 3 units property 2&1 each. Two vacant units that are move in ready. Third unit is under lease with tenant who ahs been renting for approx 7years and is on a month-to-month lease. This is a prime Invesment for anyone looking to advance their real estate portfolio. All new retro fitted windows, newer water heaters, newer roof, two units come with recently updated Kitchen, fresh coat of paint and flooring is in good order. Good space inside for tenants making it more desirable to rent. Two garages and car port. Seller financing available. Friends, if you're looking to make an Invesment, there's no excuse to not submit an offer on this deal.
Explore a promising investment opportunity with this well-maintained 10-unit Section-8 rental property in Lancaster. This multi-unit building, featuring eight units and two newly constructed ADUs, ensures stable, government-supported income and lower vacancy rates due to high demand. Each 1 bed, 1 bath unit includes dedicated parking, shared laundry facilities, and separate electric and gas meters for efficient management. With longer-term tenants and guaranteed payments, landlords benefit from reduced turnover costs and non-payment risks. Additionally, tax deductions for maintenance and management, along with required property improvements, enhance financial stability and positively impact the community. Boasting a solid 6.5% cap rate and a convenient location close to local amenities, this property is ideal for investors seeking reliable cash flow and growth. Don’t miss out on this excellent opportunity to expand your real estate portfolio in Lancaster.
Located in the heart of Lancaster, 44636 Cedar Ave presents a valuable investment opportunity in a multi-family duplex. This property encompasses two units: Unit 44636, which features three bedrooms and one bathroom, and Unit 44640, offering two bedrooms and one bathroom. Both units currently host long-term tenants, establishing a consistent rental income stream right from the time of purchase. The inclusion of garages offers potential for additional dwelling units (ADUs), further enhancing the property's value and versatility.Strategically located, the duplex is within easy reach of essential amenities and transportation. It is just a short walk from the Antelope Valley High School, ensuring educational needs are easily met. For easy commuting, Lancaster train station and the Sierra Hwy & Ave. J bus station are mere moments away. This property is more than just a living space; it's an investment towards financial security and a testament to thoughtful urban planning. With enduring appeal and established rental history, it stands out as a prudent choice for those looking to invest and expand their portfolio in Lancaster's vibrant community.
Remodeled in 2023 right down to the studs...14311= 3bedroom + 1 bath with a open living room, dining room & family room. All bedrooms have a closet plus ceiling light fixture. Appliances in kitchen are white + white cabinets with granite counter tops. Large bath room with Jacuzzi tub & pellet sink. Great location for a country setting and open desert sunsets. Private basement, great for wine cellar, storage or recreation rm. 14315= 2 bedroom + 2 baths, once used as a Cafe per previous owner, buyer to verify. Complete with living & dining room and lots of white cabinets off dining room plus open kitchen & stainless steal stove. Bathrooms are his/hers one with shower other with garden tub. Laundry room with washer + dryer and two exterior patio's off backdoor exit. Each unit has separate propane tank, property serviced by a Phase-3 well services (plenty of water). All on 2.15 peaceful acres surrounded by mountains (private city view & very quiet!). Zoned for horses and livestock or orchards/farmland. Water storage tank is 5000 gallon with a booster pump and high pressurize system. A concrete patio surrounding second unit and a circular driveway in front + brick mailboxes. Put this one on your list.
Courtesy: 1st Property Real Estate
Remodeled in 2023, located off paved road. Close to schools, shopping and bus lines...14311= 3bedroom + 1 bath with a open living room, dining room & family room. All bedrooms have a closet plus ceiling light fixture. Appliances in kitchen are white + white cabinets with granite counter tops. Large bath room with Jacuzzi tub & pellet sink. Great location for a country setting and open desert sunsets. Private basement, great for wine cellar, storage or recreation rm. 14315= 2 bedroom + 2 baths, once used as a Cafe per previous owner, buyer to verify. Complete with living & dining room and lots of white cabinets off dining room plus open kitchen & stainless steal stove. Bathrooms are his/hers one with shower other with garden tub. Laundry room with washer + dryer and two exterior patio's off backdoor exit. Each unit has separate propane tank, property serviced by a Phase-3 well services (plenty of water). All on 2.15 peaceful acres surrounded by mountains (private city view & very quiet!). Zoned for horses and livestock or orchards/farmland. Water storage tank is 5000 gallon with a booster pump and high pressurize system. A concrete patio surrounding second unit and a circular driveway in front + brick mailboxes. Country bus picks up/drop off children for school. Put this one on your list.
Great Investment Opportunity or First Time Buyer in the Lancaster Area, 4 units total in a gated community. One unit has 3 bedrooms and 1 bath, one unit has 2 bed and 1 bath, and Two units are 1 bed and 1 bath. All units have a backyard area. Property features a clean meticulously designed, low-maintenance landscape. Great cash flow with friendly tenants. The property’s exterior has been painted recently. Property centrally located close to shopping, schools, hospitals, and more.
Buenger Commercial Real estate is proud to offer 42155 8th Street East in Lancaster for sale. This property features a 3 Bedroom 1 bath single family home (1,110 RSF) on approximately 5 acre (Zoned HI Heavy Industrial, City of Lancaster) lot. Great opportunity for Owner / user or investor. The current owner leases the single-family home, as well as operates a storage yard on the remainder of the lot. Current yearly rents are at $34,460. Current rent on the home is below market, and storage operation can be expanded. Sale includes two portable office structures and 44 shipping containers.
Centrally located. Front house is set up as a 2 bedroom and one bathroom. Garage of house has been converted to a separate studio apartment. In addition, there is a one bedroom and one bathroom unit over the detached 3 car garage. Close to all amenities and walking distance to the park and senior center. Offers so many opportunities with some TLC
Multifamily- 3 Units fixer. Front house has 3 bedrooms and 2 bathrooms, approximately 1,211 Sqft. The rear unit has 2 bedrooms and 1 bathroom, approximately 435 Sqft. The back unit has 1 bedroom and 1 bath, approximately 288 Sqft. Zoning is LRR2. Lot size is approximately 8,841 Sqft. There is 2 to 3 car garage with a great potential for a ADU. Has 2 gas meters, 1 water meter and 1 electric meter. Access to the back yard is through the alley.
44520 Date Ave is a 2 Bd 1 Ba. & very large Bonus room in House w/fireplace Tenant owns wash/dryer/ has laundry hookups.current Rent $2,266 mo. The Rear Bldg. (2) 1 bd-1ba units) 44518 Date Ave. rent is $900 mo and 44522 Date Ave. $650 mo to mo leases, with capped off laundry hookups. Nice Lot (for tenants use) behind house separates second building. All Tenants are on mo to mo leases. 2 Parking spaces (is in rear attached parking structure for 1 bd units) and in front house has 2 plus. Buyer responsible to verify any/all information. Seller owned property for many years. Do not disturb tenants please. No sign up, possibly later. Rents on the 2-units (not house) have not been raised in quite a while. Front house built 1950 Rear Units building built in 1957.
A great six-unit quaint complex. Three units on each side of inside corridor. Each unit is one bedroom, one bath, living room, kitchen with nook/dining room. Plenty of windows allows plenty of light. Common laundry room, storage room for maintenance supplies, each unit has private garage on back alley. Easy to rent, a must see.
Just reduced for 6 unit building in Lancaster. Upward income producer with income increasing on March 1st. Clean nit well kept. Large units, gated front and back, each unit has a garage. On site manager who does light maintenance, security, and handles the tenants.
Discover the perfect blend of comfort & investment in this Lancaster triplex. Live in one rent the others? Two units (duplex) feature two bedrooms and one bath, providing an ideal opportunity for both homeownership and rental income. There is an additional one+one with a garage on the connecting lot. YES, an additonal lot sold together! Located in a desirable neighborhood, this property offers versatility and convenience in a thriving community, BONUS: additional lot has a 1+1 used as storage- great opportunity to increase income! call for details! Best deal in Lancaster
Courtesy: Century 21 Doug Anderson
Courtesy: RE/MAX MASTERS REALTY
Over 10% gross, NO OTHER PROPERTY OUT THERE FOR SALE at this high, that $64,680.00 Yearly income for a $625,000 Property. Have plans to convert Garage to a 2 br, also can add a 4th unit as property is a R2. All Rents paid by Gov ORGS. So almost no Tenant Risk of not paying rents, VERY Stable If Covid Shut down hits again, YOU GET PAID as ORGS are paying most rent, not Tenants. Call Agent for more info and let talk.
Price is solid $700,000 as making over $83,000 a year rent: 2 Sec 8 VASH units and 1 PATH unit, most rent paid from LA COUNTY and org. Garage can be converted to 1 br or 2br unit, so still has upside. Do your inspections so you know building in sound, check out leases, when 100% sure you want to buy this property, then we open escrow for a 10 to 15 day close so your $700,000 can make $83,892 a rental income a year = +11.98% Low risk tenant, High Cash Flow and Upside to add 1 more unit. What more do you want?
Lancaster is located in California. Lancaster, California has a population of 160,113. Lancaster is more family-centric than the surrounding county with 33.26% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Lancaster, California is $49,314. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Lancaster is 32.4 years.
The average high temperature in July is 95.5 degrees, with an average low temperature in January of 32.9 degrees. The average rainfall is approximately 12.4 inches per year, with 1.5 inches of snow per year.
