43731 8th Street E,Lancaster, CA 93535
Lancaster, CA 93535
Description
Exceptional investment opportunity in the heart of Downtown Lancaster! This well-maintained quadruplex offers 9 bedrooms, 4.5 bathrooms, and approximately 4,468 square feet of living space across four separate units. The property is currently operating at an approximately 6% cap rate, with the potential for increased returns. The building features four spacious units, each with its own thoughtfully designed floor plan, private two-car garage, separate gas and electric meters, and individual laundry hookups, providing convenience for tenants and efficient property management. Ideally located near schools, shopping centers, restaurants, supermarkets, gas stations, and with easy access to nearby freeways, this income-producing property offers strong rental appeal in a desirable Downtown Lancaster location. Whether you're looking to expand your investment portfolio or acquire a multi-unit asset with excellent long-term potential, this fourplex is an opportunity not to be missed. Property is tenant occupied. Please do not disturb tenants.
Details
| MLS # | SR26151223 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1987 |
| Days On Site | 49 |
| Listing Provided By | Real Brokerage Technologies, Inc. | Sergei Hovsepyan |
Features
| SQ Feet | 4,468 |
|---|---|
| Garage | 8 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.27 |
| Property View | Yes |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Forced Air |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Balcony, Ceiling Fans, Open Floorplan, Storage, Bedroom On Main Level, Main Level Primary |
| Window Features | Blinds, Bay Windows, Screens |
| Appliances | Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator |
| Fireplace Yes / No | Yes |
Exterior
| Exterior Features | Lighting |
|---|---|
| Roof | Tile |
| Security Features | Carbon Monoxide Detectors, Smoke Detectors, Security Lights |
| Construction Materials | Drywall, Frame, Glass, Concrete, Stucco, Wood Siding |
| Foundation Details | Raised |
| Lot Features | Zero To One Unit Acre, Front Yard, Lawn, Landscaped, Level, Sprinkler System |
| Fencing | None |
Parking
| Parking Features | Direct Access, Garage, Garage Faces Side |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
|---|---|
| Electric | Electricity On Property, Standard |
| Sewer | Public Sewer |
Location
| Community Features | Curbs, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Lancaster |
| Zip Code | 93535 |
| Area | LAC Lancaster |
| Listing VS Median (in 93535) | |
Price: $1,106,000 low | high Med: $419,000 sqft: 4,468 low | high Med: 1,274 $ / sqft: $248 low | high Med: $329 On site: 49 low | high Med: 84 | |
Market Activity 93535
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Lancaster |
| Zip Code | 93535 |
| Area | LAC Lancaster |
| Listing VS Median (in 93535) | |
Price: $1,106,000 low | high Med: $419,000 sqft: 4,468 low | high Med: 1,274 $ / sqft: $248 low | high Med: $329 On site: 49 low | high Med: 84 | |
