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Kevin O'keefe

kevin.okeefe@lptrealty.com +1(858) 260-9001

$ 1,099,000

Est. payment | -/mo

10 Beds

4 Baths

0.69 Acres Lot

Save

$ 1,099,000

Est. payment | -/mo

Save

10 Beds

4 Baths

0.69 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26151671

Bedrooms 10

Lot Size 0.694 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

We are proud to present these four single family homes all on one large 30k plus size lot!!! Room to build ADUs/Tiny homes but first check/verify with the City of Lancaster. Perfect opportunity for 30 year fixed financing. Owner pays water and tenants are responsible for all other utilities including trash. The average water bill is typically $200 monthly or $2400 yr and the gross monthly rent combined is $9,053 or $108,636 yr and tenants pay all other utilities including trash! WOWwhat a nice return! Many upgrades have been completed to all of the homes including new A/C mini splits in two of the homes, 2 new water heaters, a full plumbing repipe, lighting, cabinets, toilets, sinks and much more. Solid tenants in place with 2 on the section 8 housing program. Centrally located in the heart of Lancaster with a short walk to Starbucks, schools parks and shopping. All homes are very private and feature their own private yards. The property features one APN with a front house 3bed/1bath with detached 2 car garage. Two 2 bed/1bath with 1 car attached garages and a 3 bed 1 bath with two parking spaces. Don't miss out on this tremendous opportunity to purchase a solid investment property with a very nice rare yield. Act now before its too late! Do not disturb tenants. L/A is part owner.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Exit 14 Freewsy Avenue K, head East, right to 6th St E, property is on the left

Interior

Cooling Central Forced Air, Swamp Cooler(s)

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 3126004036

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Listed by Robert Proano, DRE#01995853 Beverly & Company, Inc.

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(858) 260-9001

kevin.okeefe@lptrealty.com

10620 Treena St Ste 230, San Diego, CA 92131-1140, USA

Learn More About LPT Realty

43442 6th East Lancaster, CA 93535