$625,000
Active
316 Days Online
5 Beds2 Baths1,800 SQFT
Active

44606 Date Avenue Lancaster, CA 93534

Been on the market for some time, BECAUSE current owner is happy to hold as making over $64, 000 a year income. FYI Won't work with a tradition loan, as lenders probably won't appraise at value, as it is only a 2 unit property. Owner is selling for $625, 000 on fact that this is over $64, 000 a year income a 10% gross income property, and there is nothing out there in the market like this. This is a DIAMOND. If you depend on a loan, 80% to 90% it won't work, so this property is not for you. If you can put down like 50% cash, then can work or if a 100% cash buyer then of course. Again, if you want to make a good return on your cash then this property is for you. Also Upside to convert Garage to 2 br unit, we got approved plans, and also add a 4th unit, so lots of upside for the next investor, my seller just wants his price to make it worth wild to sell. Just being honest here.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site315 Days
  • MLS StatusActive
  • MLS ID Number22201689
  • Home Size Source N/A
  • Year Built1928
  • Lot Size0.1792 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Driveway
  • Parking Spaces 0
  • Number of Stories 110
  • Acreage 0.1792
  • Zoning LRR2*
  • Listing Conditions Standard

Interior Features

  • Cooling Evaporative Cooling
  • Heating Wall Furnace
  • Appliances Dishwasher

Community Features

  • Senior Community No
  • MLS Area LAC - Lancaster

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Monthly Payment (Est.)

$3,337
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