$625,000
 $3,355 est/mo Sourced by Back At You

44606 Date Avenue , Lancaster, CA 93534

Lancaster, CA 93534

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Description

Been on the market for some time, BECAUSE current owner is happy to hold as making over $64,000 a year income. FYI Won't work with a tradition loan, as lenders probably won't appraise at value, as it is only a 2 unit property. Owner is selling for $625,000 on fact that this is over $64,000 a year income a 10% gross income property, and there is nothing out there in the market like this. This is a DIAMOND. If you depend on a loan, 80% to 90% it won't work, so this property is not for you. If you can put down like 50% cash, then can work or if a 100% cash buyer then of course. Again, if you want to make a good return on your cash then this property is for you. Also Upside to convert Garage to 2 br unit, we got approved plans, and also add a 4th unit, so lots of upside for the next investor, my seller just wants his price to make it worth wild to sell. Just being honest here.

Details

MLS#22201689
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1928
Days On Site868
Listing Provided ByEGL Properties Incorporated 310-481-0922 | Jason Hurst

Features

Bed(s)5
Bath(s)2
SQ Feet1,800
Story(s)1
Units2
Building(s)2
ZoningLRR2*
Acreage0.18

Market Activity 93534

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountyLos Angeles
CityLancaster
Zip Code93534
AreaLAC Lancaster
Listing VS Median (in 93534)
Price:
$625,000
low | high
Med:
$419,999
82.80016% of Average
SqFt:
1,800
low | high
Med:
1,394
72.555555555556% of Average
$ / SqFt:
$347
low | high
Med:
$301
63.228327116212% of Average
On Site:
868
low | high
Med:
29.000000
100% of Average
Sourced by Back At You
Listing Updated: January 16, 2025 at 7:53:49 AM PST
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