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    1011 W Avenue H12

    Lancaster, CA 93534
    • $869,000
    • STATUS: Active
    • ON SITE: 8 days
    • ID#: TR21158179
    $869,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1981
    County:

    School Ratings & Info

    Description

    4 unit apartment building on a corner lot built in 1981. ALL UNITS REPLACED WITH NEW CENTRAL A/C 3 YEARS AGO. 3 units are townhouse style 2bd 1.5 bath and fourth unit is 2bd 1 bath flat style. One car garage with remote controlled door and one additional space for each unit. 5th garage is being used by owner as a storage. There is an on site laundry facility WITH LAUNDRY INCOME and one STORAGE ROOM. Drive-by only. Showing with accepted offer. Please do NOT disturb or walk on the property.All tenants are Housing Authority assisted, approx. 75% of rent payment will be deposited to owner's bank account on the 1st of each month. All tenants are nice and quiet. Easy manage and high CAP rate return

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-27T16:48:48.38. 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 deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.theparsonsrealestateteam.com/homes/119482281
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    1011 W Avenue H12 Lancaster, CA 93534

    • Price: $869,000
    • Status: Active
    • ID#: TR21158179
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    1981
    Built
    Neighborhood:
    LAC - Lancaster
    County:
    Los Angeles
    Area:
    LAC - Lancaster
    Property Description
    4 unit apartment building on a corner lot built in 1981. ALL UNITS REPLACED WITH NEW CENTRAL A/C 3 YEARS AGO. 3 units are townhouse style 2bd 1.5 bath and fourth unit is 2bd 1 bath flat style. One car garage with remote controlled door and one additional space for each unit. 5th garage is being used by owner as a storage. There is an on site laundry facility WITH LAUNDRY INCOME and one STORAGE ROOM. Drive-by only. Showing with accepted offer. Please do NOT disturb or walk on the property.All tenants are Housing Authority assisted, approx. 75% of rent payment will be deposited to owner's bank account on the 1st of each month. All tenants are nice and quiet. Easy manage and high CAP rate return
    Exterior Features

    Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 5 Parking Features Door-SingleGarage Parking Total 5 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Appliances Electric Cooktop Common Walls No Common Walls Cooling Central Air Cooling YN Yes Flooring LaminateTile Heating Central Heating YN Yes Interior Features All Bedrooms Up

    Property Features

    Additional Parcels YN No Common Interest None Community Features Street Lights Electric Expense 720 Fuel Expense 600 Garage YN Yes Gross Income 61680 Gross Scheduled Income 61680 Insurance Expense 1600 Land Lease YN No Laundry Features Laundry Room Listing Agreement Exclusive Right To Sell Listing Service Limited Service Listing Terms CashConventionalFha Net Operating Income 55160 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Operating Expense 6520 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1800 Utilities Sewer Available Water Sewer Expense 1800 Water Source Public

    Listing provided courtesy of Siu Kam Ku of IRN Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-27T16:48:48.38. 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 deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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    Pasadena CA, 91101