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$1,690,000
Est. payment /mo
4 Beds
4 Baths
0.25 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 SR25269575
Bedrooms 4
Lot Size 0.254 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Presenting an exceptional 10-unit multifamily investment property in Lancaster, offering a cap rate of over 7.5% and strong, government-backed Section-8 income for highly stable and reliable cash flow. The property features eight well-maintained 1-bedroom/1-bath units along with two newly constructed, fully permitted ADUs that significantly enhance rental income and overall value. Each unit is separately metered for electricity and gas, supporting efficient operations with low overhead. Additional amenities include shared laundry facilities and 10 open parking spaces. Conveniently located near local amenities, public transportation, and major employment centers, this turnkey asset is positioned in a high-demand rental market with consistent occupancy. An excellent opportunity for investors seeking a secure, income-producing property with strong fundamentals and long-term growth potential.
Location
State CA
County Los Angeles
Zoning Assessor
Direction N on Sierra HWY - E on Lancaster Blvd
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 3138011011
Acceptable Financing Cash
Listing Terms Cash
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Listed by Rana Khanjani, DRE#02021891 Sync Brokerage
Nearby Locations
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