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$ 1,099,000
Est. payment /mo
New
43442 6th East Lancaster, CA 93535
10 Beds
4 Baths
0.69 Acres Lot
UPDATED:
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.
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