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Listed by Charly Daoud, DRE #02023368 • eXp Realty of Greater Los Angeles, Inc.
$1,090,000
Est. payment /mo
8 Beds
7 Baths
3,940 SqFt
New
1011 W Avenue H12 Lancaster, CA 93534
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,940 sqft
Price per Sqft $276
MLS Listing ID CRSR26122376
Style Other
Bedrooms 8
Full Baths 7
Year Built 1981
Lot Size 7,637 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
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.
Location
State CA
County Los Angeles
Area Lac - Lancaster
Interior
Cooling Central AC
Fireplaces Type None
Laundry Laundry Area
Exterior
Parking Features Carport
Garage Spaces 5.0
Fence Wood
Pool 31, None
View None
Roof Type Shingle
Building
Water District - Public
Architectural Style Other
Others
Tax ID 3120012011
Special Listing Condition Not Applicable
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