536 E Avenue H14 Pending

Lancaster,CA 93535

$ 850000

8 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SR25083311

Bedrooms 8

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.

Location

State CA

County Los Angeles

Area Lancaster (93535)

Zoning Assessor

Interior

Cooling Central Forced Air

Exterior

Roof Type Composition

Building

Lot Description Curbs,Sidewalks

Story 1

Sewer Sewer Connected

Others

Monthly Total Fees $212

Acceptable Financing Cash,Conventional

Space Rent $2,200

Listing Terms Cash,Conventional

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