400 E Lancaster, Lancaster, CA 93535

$640,000

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List Price
$640,000
Status
ACTIVE
MLS#
SB26178346
Year Built
1955
Lot Size
6,730
Acres
0.15
Lot Location
0-1 Unit/Acre
Days on Market
0
Property Type
Multifamily
Property Sub Type
Apartment
Stories
One Level

Property Description

Rare multi-family offering at 400 E Lancaster Blvd. Well-maintained 4plex offering stable income, low operating expenses, and consistent tenant demand. Highlights include individual metering, functional layouts, onsite parking, and strong proximity to Lancaster’s revitalized downtown, local schools, and major commuter corridors. Excellent addition for any buy-and-hold investor seeking reliable returns and future appreciation in a growing submarket. Drive-by only; write offers subject to inspection.

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Electric
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$85,356
Operating Expense
19270

Listing courtesy of Listing Agent: Jonathan Bradley (jbmanagementco@yahoo.com) from Listing Office: California Realty & Assoc, Inc.

Mortgage Calculator

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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.