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    908 W Oldfield Street

    Lancaster, CA 93534
    • $750,000
    • STATUS: Active Under Contract
    • ON SITE: 33 days
    • ID#: SR21141348
    Under Contract
    UPDATED: 78 min ago
    $750,000
    • 0
      BEDS
    • 0.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    Welcome to this amazing investment opportunity in the heart of Lancaster! This property consists of three single family homes (904, 908, 912) with great rents, situated on a large 16,000 sq. ft. lot zoned HDR (High Density Residential.) Included is an additional vacant lot (rear of the property) also zoned HDR with over 7,500 sq. ft. Unit (1) is 1 bedroom and 1 bath, Unit (2) is 2 bedrooms, 1 bath and Unit (3) is 3 bedrooms & 1.5 baths. All have seperate electrical meters, 2 gas meters and 2 water meters. Both lots are zoned for HDR and you can potentially built up to 15 units on the front lot, and an additional 7 units on the rear lot (buyer to do all their own investigations). Great location on a corner lot in West Lancaster, close to freeways, shopping & more!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-02T20:24:32.827. 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/118834867
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    908 W Oldfield Street Lancaster, CA 93534

    • Price: $750,000
    • Status: Active Under Contract
    • Updated: 78 min ago
    • ID#: SR21141348
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.38
    Acres
    1955
    Built
    Neighborhood:
    LAC - Lancaster
    County:
    Los Angeles
    Area:
    LAC - Lancaster
    Property Description
    Welcome to this amazing investment opportunity in the heart of Lancaster! This property consists of three single family homes (904, 908, 912) with great rents, situated on a large 16,000 sq. ft. lot zoned HDR (High Density Residential.) Included is an additional vacant lot (rear of the property) also zoned HDR with over 7,500 sq. ft. Unit (1) is 1 bedroom and 1 bath, Unit (2) is 2 bedrooms, 1 bath and Unit (3) is 3 bedrooms & 1.5 baths. All have seperate electrical meters, 2 gas meters and 2 water meters. Both lots are zoned for HDR and you can potentially built up to 15 units on the front lot, and an additional 7 units on the rear lot (buyer to do all their own investigations). Great location on a corner lot in West Lancaster, close to freeways, shopping & more!
    Exterior Features

    Lot Features 2-5 Units/AcreCorner Lot Number Of Separate Electric Meters 3 Open Parking Spaces 10 Parking Total 12 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes

    Property Features

    Additional Parcels YN No Common Interest None Community Features Street LightsSuburban Electric Expense 0 Fuel Expense 720 Garage YN Yes Gross Income 52920 Gross Scheduled Income 58260 Insurance Expense 1020 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Net Operating Income 42920 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 3 Operating Expense 3445 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Electricity Trash Expense 0 Water Sewer Expense 1440 Water Source Public Zoning Lrhdr*

    Listing provided courtesy of Rebecca Locke of Coldwell Banker Quality Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-02T20:24:32.827. 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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