314-316 W Avenue J13 - Multi-Family FOR SALE


Lancaster, CA 93534
$439,900 USD
661-470-3763
314-316 W Avenue J13, Lancaster, CA for Sale
$439,900 USD
Multi-Family - FOR SALE
1/3
null | 7.5% Cap Rate

314-316 W Avenue J13
Lancaster, CA 93534


HIGHLIGHTS

  • SECTION 8 tenants
  • MONTH - TO - MONTH LEASE
  • COOPERATING TENANTS
  • DETACHED TENANT CARPORT

OVERVIEW

***DUPLEX PROPERTY with an 7.5% CAP RATE*** This is your opportunity to own your very own income producing property. Subject property offers two units, 2 bedrooms, 1 full bathroom, with each unit measuring 720 SQ FT of living space. Each tenant is paying $1,600 per month ($3,200 per month combined), on a month-month lease. The owner pays for trash, and water only. Each unit also has its own detached carport. Subject property is located on a cul-de-sac. TENANTS ARE SECTION 8, AND ARE ON A MONTH-MONTH LEASE. SECTION 8 leases will be transferred to the new owner during escrow.

FOR SALE DETAILS

PRICE

$439,900 USD

PRICE/SF

$305 USD /SF

# OF UNITS

2

PRICE/UNIT

$219,950

CAP RATE

7.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DUPLEX PROPERTY with an 7.5% CAP RATE!

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

11,091 SF

ZONING

LRR2*

APN/PARCEL ID

3130-025-013

ASK ABOUT THIS PROPERTY

Linda VargasV & S Elite TeamMore Info
661-470-3763

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Linda VargasV & S Elite TeamMore Info
661-470-3763

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.