$1,950,000
Active
8 Days Online
0 Beds0 Baths5,350 SQFT
Active

44921 Trevor Avenue Lancaster, CA 93534

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Explore a promising investment opportunity with this well-maintained 10-unit Section-8 rental property in Lancaster. This multi-unit building, featuring eight units and two newly constructed ADUs, ensures stable, government-supported income and lower vacancy rates due to high demand. Each 1 bed, 1 bath unit includes dedicated parking, shared laundry facilities, and separate electric and gas meters for efficient management. With longer-term tenants and guaranteed payments, landlords benefit from reduced turnover costs and non-payment risks. Additionally, tax deductions for maintenance and management, along with required property improvements, enhance financial stability and positively impact the community. Boasting a solid 6.5% cap rate and a convenient location close to local amenities, this property is ideal for investors seeking reliable cash flow and growth. Don’t miss out on this excellent opportunity to expand your real estate portfolio in Lancaster.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site8 Days
  • MLS StatusActive
  • MLS ID NumberSR24124141
  • Home Size Source N/A
  • Year Built1951
  • Lot Size0.2538 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Assigned
  • Parking Spaces 10
  • Sewer Public Sewer
  • Electric 220 Volts
  • Number of Stories 22
  • Acreage 0.2538
  • Water Public
  • Property Sub Type Apartment
  • Garage Spaces 10
  • Zoning LRR3*
  • Listing Conditions Standard

Interior Features

  • Cooling Wall/ Window Unit(s)
  • Heating Combination
  • Appliances Gas OvenGas RangeMicrowaveRefrigerator
  • Flooring CarpetLaminateTileVinyl
  • Fireplace Features None
  • Laundry Features Common Area
  • Fireplace No

Exterior Features

  • Pool Features None
  • Lot Walkstreet

Community Features

  • Community Features Sidewalks
  • Senior Community No
  • MLS Area LAC - Lancaster

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Monthly Payment (Est.)

$10,243
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