Been on the market for some time, BECAUSE current owner is happy to hold as making over $64,000 a year income. FYI Won’t work with a tradition loan, as lenders probably won’t appraise at value, as it is only a 2 unit property. Owner is selling for $625,000 on fact that this is over $64,000 a year income a 10% gross income property, and there is nothing out there in the market like this. This is a DIAMOND. If you depend on a loan, 80% to 90% it won’t work, so this property is not for you. If you can put down like 50% cash, then can work or if a 100% cash buyer then of course. Again, if you want to make a good return on your cash then this property is for you. Also Upside to convert Garage to 2 br unit, we got approved plans, and also add a 4th unit, so lots of upside for the next investor, my seller just wants his price to make it worth wild to sell. Just being honest here.
Property Details
Price:
$625,000
MLS #:
22201689
Status:
Active
Baths:
0
Address:
44606 Date Avenue
Type:
Residential Income
Neighborhood:
laclancaster
City:
Lancaster
Listed Date:
Sep 20, 2022
State:
CA
ZIP:
93534
Lot Size:
7,807 sqft / 0.18 acres (approx)
Year Built:
1928
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Schools
Interior
Appliances
Dishwasher
Cooling
Evaporative Cooling
Heating
Wall Furnace
Exterior
Parking Features
Driveway – Combination
Parking Spots
0.00
Financial
Map
Community
- Address44606 Date Avenue Lancaster CA
- AreaLAC – Lancaster
- CityLancaster
- CountyLos Angeles
- Zip Code93534
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44606 Date Avenue
Lancaster, CA
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