1575 W Avenue H8
Lancaster, CA 93534
Active for $539,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 6,825 sqft
| MLS | SR24254933 |
| Year Built | 1957 |
| Property Type | Single Family Residence |
| County | Los Angeles |
| Status | Active |
| Active | $539,000 |
| Structure Size | N/A sqft |
| Lot Size | 6,825 sqft |
| Beds | N/A |
| Baths | N/A |
Description
Calling all Investors and First-Time Buyers! This is a fantastic investment opportunity that holds even more potential. You have the flexibility to either rent out both units or reside in one while renting out the other to help cover the mortgage costs. This property consists of two units, designated as A and B. Unit A consists of 4 bedroom, 2 full bathrooms (1,800 SF) with a huge storage room in the backyard. Unit B consists of 2 bedroom and 2 full bathrooms (950 SF) with a huge storage room the backyard. To add to the allure, both units have recently undergone a fresh interior paint job. The property also boasts a 4-car parking space, 2 designated per unit. Situated across from Desert View Elementary School and is located a few blocks from Freeway 14, In & Out Burger and shopping centers. It’s on a spacious and highly usable lot spanning 6,840 square feet, this property is a true gem. Until recently, Unit A was rented for $3,400 per month and Unit B was rented for $2,600 per month. Consider $72,000 rental value collected annually with all utilities paid by tenants. This is a low maintenance property for investors with 4”-6” of rocks over thick plastic in all landscaped areas.
Listing information courtesy of: Ali Farassati, HomeBased Realty . *Based on information from the Association of REALTORS/Multiple Listing as of 01/27/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Evelyn Perez
REALTOR®
Direct: 626.703.6833
Email: Email Me
DRE: 01808615
DRE #01873088
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