44817 Redwood Ave - Multi-Family FOR SALE


Lancaster, CA 93534
$729,900 USD
661-470-3763
44817 Redwood Ave, Lancaster, CA for Sale
$729,900 USD
Multi-Family - FOR SALE
1/15
null | 8% Cap Rate

44817 Redwood Ave
Lancaster, CA 93534


HIGHLIGHTS

  • close to all amenities
  • walking distance from Antelope Valley High School
  • small distance from the Metrolink station
  • SECTION 8 TENANTS
  • cooperating tenants

OVERVIEW

***TRIPLEX PROPERTY***...Located in West Lancaster. Subject property offers 3 units which consists of 1 unit (3 bedrooms, 1 bathroom),2 unit (2 bedrooms, 1 bathroom), and 3 unit (2 bedrooms, 1 bathroom). Landlord pays for water & trash. The back unit, (2 beds, 1 bath) is currently vacant. Tenants pay for electricity, and gas. Subject property features NEW EXTERIOR PAINT, and the vacant unit offers NEW INTERIOR PAINT, NEW CARPET, TILE COUNTERS in the kitchen, and NEW LAMINATE FLOORING in the kitchen. There is also a detached carport for tenants. 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

$729,900 USD

PRICE/SF

$11 USD /SF

# OF UNITS

3

PRICE/UNIT

$243,300

CAP RATE

8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

TRIPLEX PROPERTY with an 8.0% CAP RATE!

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,503 SF

ZONING

LRR2*

APN/PARCEL ID

3138-016-018

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 Notice.