1575 W Avenue H8, Lancaster, CA 93534
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Listed Price :
$539,000
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Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1957
Property Description
Calling all Investors and First-Time Buyers! This is a fantastic investment opportunity that holds even more potential. You have the flexibility to either rent out both units or reside in one while renting out the other to help cover the mortgage costs. This property consists of two units, designated as A and B. Unit A consists of 4 bedroom, 2 full bathrooms (1,800 SF) with a huge storage room in the backyard. Unit B consists of 2 bedroom and 2 full bathrooms (950 SF) with a huge storage room the backyard. To add to the allure, both units have recently undergone a fresh interior paint job. The property also boasts a 4-car parking space, 2 designated per unit. Situated across from Desert View Elementary School in a safe and quite neighborhood is located a few blocks from Freeway 14, In & Out Burger and shopping centers. it’s on a spacious and highly usable lot spanning 6,840 square feet, this property is a true gem. Until recently, Unit A was rented for $3,400 per month and Unit B was rented for $2,600 per month. Consider $72,000 rental value collected annually with all utilities paid by tenants. This is a low maintenance property for investors with 4”-6” of rocks over thick plastic in all landscaped areas.
Interior Features
Laundry Information |
Location(s) |
Washer Hookup, Gas Dryer Hookup, In Kitchen, Laundry Room |
Bedroom Information |
Features |
Bedroom on Main Level, All Bedrooms Down |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Flooring Information |
Material |
Tile |
Interior Information |
Features |
Ceiling Fan(s), Ceramic Counters, Storage, All Bedrooms Down, Bedroom on Main Level |
Cooling Type |
Electric, Wall/Window Unit(s) |
Listing Information
Address |
1575 W Avenue H8 |
City |
Lancaster |
State |
CA |
Zip |
93534 |
County |
Los Angeles |
Listing Agent |
Ali Farassati DRE #02019211 |
Courtesy Of |
HomeBased Realty |
List Price |
$539,000 |
Status |
Active |
Type |
Residential Income |
Subtype |
Single Family Residence |
Structure Size |
N/A |
Lot Size |
6,825 |
Year Built |
1957 |
Listing information courtesy of: Ali Farassati, HomeBased Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 24th, 2025 at 4:37 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.