$86,052 a YEAR: 12.29% GROSS RENT INCOME PROPERTY ALSO RENT INCREASE in APRIL 2025 will make total income $91.056 and seller will still take $700,000 That is a +13% GROSS income property Garage can be converted to 1 br or 2br unit, so still has upside. Low risk tenant, 3 VASH or SEC 8 Most rent paid by LA COUNTY HOUSING OFFICE. THERE IS LIKE VERY LITTLE RENTAL RISK ON THIS PROPERTY. High Cash Flow and Upside to add 1 more unit.
Property Details
Price:
$700,000
MLS #:
22129453
Status:
Active
Baths:
0
Address:
44442 BEECH Avenue
Type:
Residential Income
Neighborhood:
laclancaster
City:
Lancaster
Listed Date:
Feb 19, 2022
State:
CA
ZIP:
93534
Lot Size:
8,852 sqft / 0.20 acres (approx)
Year Built:
1941
See this Listing
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Schools
Interior
Cooling
Evaporative Cooling
Heating
Baseboard
Exterior
Parking Features
None
Parking Spots
2.00
Stories Total
1
Financial
Map
Community
- Address44442 BEECH Avenue Lancaster CA
- AreaLAC – Lancaster
- CityLancaster
- CountyLos Angeles
- Zip Code93534
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44442 BEECH Avenue
Lancaster, CA
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