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Active 0 days on market

1011 W Avenue H12

Lancaster, CA 93534

$1,090,000

1011 W Avenue H12
1011 W Avenue H12 photo 2
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+31 more
8Beds
7Baths
3,940Sq Ft
0.18Acres
1981Built
5Garage

About This Home

Exceptional 4-unit investment opportunity in the heart of Lancaster. This well-maintained multifamily property consists of four 2-bedroom, 1-bath units and offers strong, stable income with a proven rental history. Three of the four units have been occupied by long-term tenants for over 10 years, reflecting tenant satisfaction and consistent occupancy. Located in a growing area of the Antelope Valley with convenient access to shopping, schools, employment centers, and major commuter routes. The property currently generates substantial rental income and presents an attractive opportunity for investors seeking immediate cash flow and long-term appreciation potential. Approximately $7,478/month in gross rental income. Whether you’re looking to expand your portfolio, complete a 1031 exchange, or acquire a performing multifamily asset, this property offers a rare combination of stability, income, and future upside in one of Lancaster’s established rental markets. Buyer to independently verify all rental income, expenses, leases, and property information.

Property Details

Property TypeQuadruplex
Year Built1981
Living Area3,940 sq ft
Lot Size0.18 acres
Bedrooms8
Bathrooms7 full
Garage Spaces5
Parking Total5
CoolingCentralAir
PoolNo
MLS #1173074909
Days on Market0 days

Location

Listed by

Charly Daoud

eXp Realty of Greater Los Angeles, Inc.

MLS# SR150560250

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.