2
See all 2 photos
$850,000
Est. payment /mo
8 Beds
4 Baths
0.28 Acres Lot
New
536 E Avenue H14 Lancaster, CA 93535
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25083311
Bedrooms 8
HOA Y/N No
Lot Size 0.284 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Newer cash flow machine! Solid income producer with some upside. Look at Cost per unit ($212,500); Price per sq. ft. ($250); GRM (9.02!!) and CAP rate (8.38!!!!) All 2+1. All rented. All have separate 2 car garages. Newer construction- 1983 with central heat and Air. Separate water heaters in each unit keep owner expenses under control. EZ management with mix of section 8 and fair market.
Newer cash flow machine! Solid income producer with some upside. Look at Cost per unit ($212,500); Price per sq. ft. ($250); GRM (9.02!!) and CAP rate (8.38!!!!) All 2+1. All rented. All have separate 2 car garages. Newer construction- 1983 with central heat and Air. Separate water heaters in each unit keep owner expenses under control. EZ management with mix of section 8 and fair market.
Newer cash flow machine! Solid income producer with some upside. Look at Cost per unit ($212,500); Price per sq. ft. ($250); GRM (9.02!!) and CAP rate (8.38!!!!) All 2+1. All rented. All have separate 2 car garages. Newer construction- 1983 with central heat and Air. Separate water heaters in each unit keep owner expenses under control. EZ management with mix of section 8 and fair market.
Location
State CA
County Los Angeles
Area Lancaster (93535)
Zoning Assessor
Interior
Cooling Central Forced Air
Appliance Forced Air Unit
Exterior
Roof Type Composition
Building
Lot Description Curbs, Sidewalks
Story 1
Sewer Sewer Connected
Level or Stories 1 Story
Others
Monthly Total Fees $212
Acceptable Financing Cash, Conventional
Space Rent $2,200
Listing Terms Cash, Conventional
Listed by Steve Di Pressi • Urban Resources Consulting