536 E Avenue H14 Pending

Lancaster,CA 93535

$ 850000

- Bed

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SR25083311

Year Built 1983

Lot Size 0.284 Acres

Property Sub-Type Apartment

Property Description

Newer cash flow machine! Solid income producer with some upside. Look at Cost per unit ($212,500); Price per sq. ft. ($250); GRM (9.02!!) and CAP rate (8.38!!!!) All 2+1. All rented. All have separate 2 car garages. Newer construction- 1983 with central heat and Air. Separate water heaters in each unit keep owner expenses under control. EZ management with mix of section 8 and fair market.

Location

State CA

County Los Angeles

Area Lac - Lancaster

Zoning LRR315U*

Interior

Heating Forced Air

Cooling Central Air

Flooring Carpet

Fireplaces Type None

Laundry Common Area

Exterior

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Curbs,Street Lights,Sidewalks

Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected

View Y/N No

View None

Roof Type Composition,Shingle

Building

Lot Description 11-15 Units/Acre

Story 1

Foundation Slab

Sewer Sewer Tap Paid

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to New Loan,Conventional

Listing Terms Cash,Cash to New Loan,Conventional

Special Listing Condition Standard

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