44921 Trevor Ave - Apartments FOR SALE


Lancaster, CA 93534
$1,690,000 USD
818-723-9071
44921 Trevor Ave, Lancaster, CA for Sale
$1,690,000 USD
Apartments - FOR SALE
1/28
null | 7.5% Cap Rate

44921 Trevor Ave
Lancaster, CA 93534


HIGHLIGHTS

  • 10-Unit Multifamily Asset in Lancaster
  • 7.0%+ Cap Rate with Strong Cash Flow
  • Gross Building Size: 5,350 SF - Lot Size: 11,057 SF
  • Separately Metered for Gas & Electricity
  • 10 Open Parking Spaces • On-Site Shared Laundry
  • Section 8 Approved Building – Government-Backed Rental Income

OVERVIEW

Presenting an exceptional 10-unit multifamily investment property in Lancaster, offering a cap rate of over 7.00% and strong, government-backed Section-8 income for highly stable and reliable cash flow. The property features eight well-maintained 1-bedroom/1-bath units along with two newly constructed, fully permitted ADUs that significantly enhance rental income and overall value. Each unit is separately metered for electricity and gas, supporting efficient operations with low overhead. Additional amenities include shared laundry facilities and 10 open parking spaces. Conveniently located near local amenities, public transportation, and major employment centers, this turnkey asset is positioned in a high-demand rental market with consistent occupancy. An excellent opportunity for investors seeking a secure, income-producing property with strong fundamentals and long-term growth potential.

FOR SALE DETAILS

PRICE

$1,690,000 USD

PRICE/SF

$316 USD /SF

# OF UNITS

10

PRICE/UNIT

$169,000

CAP RATE

7.5%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1951

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

R3, Lancaster

APN/PARCEL ID

3138-011-011

ASK ABOUT THIS PROPERTY

Rana KhanjaniSync Brokerage, IncMore Info
818-723-9071

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Rana KhanjaniSync Brokerage, IncMore Info
818-723-9071

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