1575 W Avenue H8
Lancaster, CA, 93534
$539,000
Beds
0 Baths
SqFt
0.16 Acres
Add
Calling all Investors and First-Time Buyers! This is a fantastic investment opportunity that holds even more potential. You have the flexibility to either rent out both units or reside in one while renting out the other to help cover the mortgage costs. This property consists of two units, designated as A and B. Unit A consists of 4 bedroom, 2 full bathrooms (1,800 SF) with a huge storage room in the backyard. Unit B consists of 2 bedroom and 2 full bathrooms (950 SF) with a huge storage room the backyard. To add to the allure, both units have recently undergone a fresh interior paint job. The property also boasts a 4-car parking space, 2 designated per unit. Situated across from Desert View Elementary School and is located a few blocks from Freeway 14, In &#38' Out Burger and shopping centers. It’s on a spacious and highly usable lot spanning 6,840 square feet, this property is a true gem. Until recently, Unit A was rented for $3,400 per month and Unit B was rented for $2,600 per month. Consider $72,000 rental value collected annually with all utilities paid by tenants. This is a low maintenance property for investors with 4”-6” of rocks over thick plastic in all landscaped areas.

Property Details

Price:
$539,000
MLS #:
SR24254933
Status:
Active
Baths:
0
Address:
1575 W Avenue H8
Type:
Residential Income
Subtype:
Single Family Residence
Neighborhood:
laclancaster
City:
Lancaster
Listed Date:
Jan 4, 2025
State:
CA
ZIP:
93534
Lot Size:
6,825 sqft / 0.16 acres (approx)
Year Built:
1957
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Appliances
Disposal, Range Hood, Water Heater
Cooling
Electric, Wall/ Window Unit(s)
Fireplace Features
Family Room, Wood Burning, Free Standing
Flooring
Tile
Heating
Central, Natural Gas, Wall Furnace
Interior Features
Ceiling Fan(s), Ceramic Counters, Copper Plumbing Full, Storage
Window Features
Double Pane Windows, Screens

Exterior

Community Features
Biking, Curbs, Sidewalks, Storm Drains, Street Lights, Urban
Exterior Features
Lighting
Fencing
Block, Good Condition, Privacy, Stucco Wall, Wood
Foundation Details
Slab
Garage Spaces
0.00
Lot Features
Back Yard, Front Yard, Lot 6500-9999, Rectangular Lot, Level, Near Public Transit, Paved
Parking Features
Assigned, Driveway, Concrete, Paved, Driveway Level, Off Street, On Site, Private
Parking Spots
4.00
Pool Features
None
Roof
See Remarks, Shingle
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
City Lights, See Remarks
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
All Utilities, See Remarks
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Map

Community

Similar Listings Nearby

1575 W Avenue H8
Lancaster, CA