400 E Lancaster

Lancaster, CA 93535
Property listed by California Realty & Assoc, Inc, Jonathan Bradley 562-230-9762
$640,000
Rare multi-family offering at 400 E Lancaster Blvd. Well-maintained 4plex offering stable income, low operating expenses, and consistent tenant demand. Highlights include individual metering, functional layouts, onsite parking, and strong proximity to Lancaster’s revitalized downtown, local schools, and major commuter corridors. Excellent addition for any buy-and-hold investor seeking reliable returnsRead MoreRead Less
Listing Snapshot
Days Online
10
Last Updated
Property Type
Apartment
Lot Size
0.15 Acres
Year Built
1955
MLS Number
SB26178346
Property Location Map
Additional Details
Building
Built in 1955, 2 buildings, 1 storey, Levels: One, Entry level: 1, Entry location: front
Community
Curbs, Sidewalks
Cooling
Electric
Expenses
Insurance: $4,816, Operating: $19,270, Trash: $3,034, Water/Sewer: $1,000
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $85,356, Gross ScheduledIncome: $85,356, Net Operating Income: $66,086
Laundry
CommonArea
Lot
0.1545 acres, ZeroToOneUnitAcre
Parking
Carport
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 3142016002, Lot: 2
Tenant Pays
Electricity, Gas
Utilities
Water Source: Public, 5 separate electric meters, 5 separate gas meters
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Monthly Payment
$0
Charles Fisher
Realtor®
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.