552 W Avenue H8, Lancaster, CA 93534

$630,000

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List Price
$630,000
Price Change
▲ $10,000 1787708348
Status
ACTIVE
MLS#
SR26013872
Year Built
1957
Lot Size
6,168
Acres
0.14
Lot Location
Back Yard
Days on Market
76
Property Type
Multifamily
Property Sub Type
Duplex

Property Description

** FULLY REMODELED TRIPLEX!** Previously placed on hold at the seller’s request. Turnkey investment opportunity offering approximately 2,208 sq. ft. of living space across three units: a spacious 2 bed, 2 bath unit, a 2 bed, 1 bath unit, and a newly constructed 1 bed, 1 bath unit. One of the 2 bed, 1 bath units is currently vacant, offering a great opportunity for an owner-occupant while generating income from the other two units. The property has been remodeled with modern finishes throughout and a new roof. Each unit includes its own washer and dryer hookups. Section 8 approved and eligible for Conventional financing. With an 8.4% cap rate, this property offers strong income potential and long-term upside in the growing Antelope Valley market. Conveniently located near shopping, schools, dining, and major commuter routes.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$65,568
Operating Expense
13114

Listing courtesy of Listing Agent: Rana Khanjani (rana@syncbrokerage.com) from Listing Office: Sync Brokerage.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.