Keegan Cin | Realtor® | License # DRE 01971604

Property

Lancaster, CA 93535 102 E Lancaster Boulevard

102 E Lancaster Boulevard Lancaster, CA - Image 1102 E Lancaster Boulevard Lancaster, CA - Image 2102 E Lancaster Boulevard Lancaster, CA - Image 3
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Presented By: John Boyett with CBRE;
  • MLS# 25553283
  • 06/16/2025
  • Request Tour
  • Request Info
  • Beds • 10
  • Baths • 10
  • SQFT • 5,588
  • Garage • 5
  • Year Built • 1983

Home Details

**PLEASE DO NOT DISTURB TENANTS. CALL LISTING AGENT FOR MORE INFORMATION. We are pleased to present a 5-unit apartment building located at 102 E Lancaster Boulevard in Lancaster, California. The subject property is in a solid Lancaster location, east of Division Street and south of Lancaster Boulevard. Built in 1983, this property contains a great unit mix of five (5) two-bedroom / two-bathroom units averaging 1,118 SF each. One (1) tenant is on Section 8. Each unit features second story balcony space and fenced back patio space. These character, Spanish-style units sit on a large 15,278 SF corner lot. There is an abundance of on-site parking available with fully parked garage parking and plenty of uncovered space. There is strong potential to utilize SB 1211 and build up to five (5) ADUs out of the three (3) existing garage structures while leaving fully parked on-site parking available. The Lancaster area is developing with new commercial amenities such as Sprouts Farmers Market, Dutch Bros, Chick-Fil-A, and a new food assembly and distribution center for Trader Joe's all coming to the area. Various industries are coming to the city to take advantage of its numerous economic opportunities with several Fortune 500 companies planting operations in the area such as Morton Manufacturing, BYD, Lance Camper and more. The growth of these companies has led to an increase in job opportunities and economic growth, making the city a prime destination for investment. Situated in a solid Lancaster location, this property presents an excellent opportunity for any investor to capitalize on strong rental upside potential and build up to five (5) ADUs in a rapidly developing market that isn't subject to local rent control (subject to AB 1482).
Presented By: John Boyett with CBRE;

Interior Features for 102 E Lancaster Boulevard

Bedrooms

Total Bedrooms10

Bathrooms

Half Baths0
Total Baths10
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
FlooringWood
Heating Y/NYes
Total Stories2

General for 102 E Lancaster Boulevard

Additional Parcels Y/NNo
Attached Garage No
Cap Rate4.0
Carport Y/NNo
CityLancaster
Community FeaturesGated
CountyLos Angeles
DirectionsThe subject property is in a solid Lancaster location, east of Division Street and south of Lancaster Boulevard.
Electric On Property Y/NNo
Full Baths
Garage Spaces5.0
Garage Y/NYes
Gross Income73344.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet15268.0
Lot Size UnitsSquareFeet
MLS AreaLAC - Lancaster
MobileHomeRemainsYNNo
Net Operating Income35828.0
New ConstructionNo
Number Of Units Total5
Occupancy TypeTenant
Open Parking Spaces6.0
Patio/Porch FeaturesRearPorch, Covered, Enclosed
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property ConditionRepairsCosmetic
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesGatedCommunity
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Year Built1983
ZoningLRR3*

Exterior for 102 E Lancaster Boulevard

Building Area Total5588.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.3505
Lot Size Area15268.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesGarage, Gated, Uncovered
Private PoolNo
SpaNo
Total Parking11.0
Waterfront Y/NNo

Additional Details

Price History

Keegan Cin

Team Lead
Price $895,000
MLS#25553283
List Date 06/16/2025
Property Type Multi-Family
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