1011 W Avenue H12,Lancaster, CA 93534
Lancaster, CA 93534
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.
Details
| MLS # | SR26122376 |
|---|---|
| Listing Type | For Sale |
| Style | Fourplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1981 |
| Days On Site | 92 |
| Listing Provided By | eXp Realty of Greater Los Angeles, Inc. | Charly Daoud |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 7 Total |
| SQ Feet | 3,940 |
| Garage | 5 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 4 |
| Acreage | 0.18 |
| Property View | None |
Interior
| Cooling | Central Air |
|---|---|
| Cooling Yes / No | Yes |
| Fireplace Yes / No | No |
Exterior
| Roof | Shingle |
|---|---|
| Lot Features | Two To Five Units Acre |
| Fencing | Wood |
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached Carport |
| Garage Yes / No | Yes |
Utilities
| Utilities | Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Curbs, Street Lights |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Lancaster |
| Zip Code | 93534 |
| Area | LAC Lancaster |
| Listing VS Median (in 93534) | |
Price: $1,090,000 low | high Med: $674,500 sqft: 3,940 low | high Med: 2,726 $ / sqft: $277 low | high Med: $267 On site: 92 low | high Med: 843.5 | |
Market Activity 93534
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Lancaster |
| Zip Code | 93534 |
| Area | LAC Lancaster |
| Listing VS Median (in 93534) | |
Price: $1,090,000 low | high Med: $674,500 sqft: 3,940 low | high Med: 2,726 $ / sqft: $277 low | high Med: $267 On site: 92 low | high Med: 843.5 | |