1011 W Avenue H12, Lancaster, CA 93534
1011 W Avenue H12, Lancaster, CA 93534
1011 W Avenue H12, Lancaster, CA 93534
1011 W Avenue H12, Lancaster, CA 93534
1011 W Avenue H12, Lancaster, CA 93534
1011 W Avenue H12, Lancaster, CA 93534
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$ 1,090,000
Est. payment | /mo

8 Beds

7 Baths

3,940 SqFt


Save
$ 1,090,000
Est. payment | /mo
Save

8 Beds

7 Baths

3,940 SqFt

Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 3,940 sqft

Price per Sqft $276

MLS Listing ID SR26122376

Style See Remarks

Bedrooms 8

Full Baths 7

Year Built 1981

Lot Size 7,637 Sqft

Property Sub-Type All Other Attached

Property Description

Exceptional 4-unit investment opportunity in the heart of Lancaster. This well-maintained multifamily property consists of four 2-bedroom, 1-bath units and offers strong, stable income with a proven rental history. Three of the four units have been occupied by long-term tenants for over 10 years, reflecting tenant satisfaction and consistent occupancy. Located in a growing area of the Antelope Valley with convenient access to shopping, schools, employment centers, and major commuter routes. The property currently generates substantial rental income and presents an attractive opportunity for investors seeking immediate cash flow and long-term appreciation potential. Approximately $7,478/month in gross rental income. Whether youre looking to expand your portfolio, complete a 1031 exchange, or acquire a performing multifamily asset, this property offers a rare combination of stability, income, and future upside in one of Lancasters established rental markets. Buyer to independently verify all rental income, expenses, leases, and property information.

Location

State CA

County Los Angeles

Direction Follow CA-138 W/CA-14 N to W Ave I in Lancaster. Take exit 44 from CA-138 W/CA-14 N, Continue on W Ave I. Drive to Ave H-12, Turn left onto Ave H-12

Interior

Cooling Central Forced Air

Fireplace No

Exterior

Garage Spaces 5.0

Fence Wood

Utilities Available Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

Roof Type Shingle

Porch Patio Open

Total Parking Spaces 5

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 3120012011

Acceptable Financing Cash, Cash To New Loan, Conventional, Exchange, FHA

Listing Terms Cash, Cash To New Loan, Conventional, Exchange, FHA

Special Listing Condition Standard

MLS Router / San Diego MLS
Listed by Charly Daoud, DRE#02023368 eXp Realty of Greater Los Angeles, Inc. 
Karl Kyler

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1011 W Avenue H12