CA > Lancaster
Lancaster, CA 93534,1231 W Avenue H15
Lancaster, CA 93534,1231 W Avenue H15
Lancaster, CA 93534,1231 W Avenue H15
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$500,000
Est. payment /mo
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7,540 Sqft Lot
New

1231 W Avenue H15 Lancaster, CA 93534

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Jeanne Heidmiller

Jeanne Heidmiller

+1(619) 857-9765

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25101014

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1954

Lot Size 7,540 Sqft

Property Sub-Type Duplex

Property Description

Excellent investment opportunity! This duplex generates a strong gross income of $51,708/year and offers two spacious units, each featuring 2 bedrooms, 1 full bathroom, and approximately 800 sq.ft. of living space. The front unit was updated with new vinyl plank flooring in 2021 and has been occupied by the same tenant for 4 years, while the back unit houses a long-term tenant. Both tenants are Section 8, ensuring on-time rent payments and stable income. The property also includes a 2-car garage, offering ADU potential or the opportunity for a garage conversion to increase rental income. Located in a high-demand rental area, this duplex offers consistent cash flow, strong tenant stability, and long-term upside. Perfect for any investor looking to secure a solid income-producing asset with built-in value-add options.

Location

State CA

County Los Angeles

Area Lac - Lancaster

Zoning LRR2*

Interior

Heating Heat Pump

Cooling Heat Pump

Flooring Carpet, Vinyl

Fireplaces Type None

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup, Inside

Exterior

Parking Features Driveway, Garage Faces Side

Garage Spaces 2.0

Garage Description 2.0

Fence Average Condition, Chain Link, Wood

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Electricity Available, Sewer Connected, Water Available

View Y/N No

View None

Roof Type Tar/Gravel

Total Parking Spaces 2

Private Pool No

Building

Lot Description 2-5 Units/Acre

Faces South

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Mid-Century Modern

Level or Stories One

New Construction No

Construction Status Repairs Cosmetic

Others

Senior Community No

Tax ID 3120031016

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, Government Loan, Submit, VA Loan

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, Government Loan, Submit, VA Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Alex Duarte • First Team Real Estate • 714-376-9253

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agent

Jeanne Heidmiller

Agent | License ID: 01290567

+1(619) 857-9765

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