Located in the heart of Lancaster, 44636 Cedar Ave presents a valuable investment opportunity in a multi-family duplex. This property encompasses two units: Unit 44636, which features three bedrooms and one bathroom, and Unit 44640, offering two bedrooms and one bathroom. Both units currently host long-term tenants, establishing a consistent rental income stream right from the time of purchase. The inclusion of garages offers potential for additional dwelling units (ADUs), further enhancing the property's value and versatility. Strategically located, the duplex is within easy reach of essential amenities and transportation. It is just a short walk from the Antelope Valley High School, ensur
Multifamily- 3 Units fixer. Front house has 3 bedrooms and 2 bathrooms, approximately 1,211 Sqft. The rear unit has 2 bedrooms and 1 bathroom, approximately 435 Sqft. The back unit has 1 bedroom and 1 bath, approximately 288 Sqft. Zoning is LRR2. Lot size is approximately 8,841 Sqft. There is 2 to 3 car garage with a great potential for a ADU. Has 2 gas meters, 1 water meter and 1 electric meter. Access to the back yard is through the alley.
Been on the market for some time, BECAUSE current owner is happy to hold as making over $64,000 a year income. FYI Won't work with a tradition loan, as lenders probably won't appraise at value, as it is only a 2 unit property. Owner is selling for $625,000 on fact that this is over $64,000 a year income a 10% gross income property, and there is nothing out there in the market like this. This is a DIAMOND. If you depend on a loan, 80% to 90% it won't work, so this property is not for you. If you can put down like 50% cash, then can work or if a 100% cash buyer then of course. Again, if you want to make a good return on your cash then this property is for you. Also Upside to convert Garage to
Endless possibilities on this 9.19 acre parcel. Perfect for developer, investment or family homestead. Property features easy freeway access. Close to schools, parks and shopping. Per city of Lancaster zoning is equal to R7000