Keegan Cin | Realtor® | License # DRE 01971604

Property

Lancaster, CA 93534 44817 Redwood Avenue

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Presented By: Israel Sanchez with Century 21 Doug Anderson; 661-945-4521
  • MLS# SR25073211
  • 04/14/2025
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  • Beds • 7
  • Baths • 3
  • SQFT • 2,800
  • Garage • 1
  • Year Built • 1963

Home Details

*TRIPLEX PROPERTY with an 8.0% CAP RATE*** Located in West Lancaster. Subject property offers 3 units which consists of 1 unit (3 bedrooms, 1 bathroom),2 unit (2 bedrooms, 1 bathroom), and 3 unit (2 bedrooms, 1 bathroom). Landlord pays for water & trash. The back unit, (2 beds, 1 bath) is currently vacant. Tenants pay for electricity, and gas. Subject property features NEW EXTERIOR PAINT, and the vacant unit offers NEW INTERIOR PAINT, NEW CARPET, TILE COUNTERS in the kitchen, and NEW LAMINATE FLOORING in the kitchen. There is also a detached carport for tenants.
Presented By: Israel Sanchez with Century 21 Doug Anderson; 661-945-4521

Interior Features for 44817 Redwood Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Laminate
Heating Y/NYes
Interior AmenitiesTileCounters
Laundry FeaturesInside
Total Stories1

Other Rooms

Entry Level

General for 44817 Redwood Avenue

Additional Parcels Y/NNo
AppliancesGasRange
Architectural StyleTraditional
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate8.0
Carport Spaces4.0
Carport Y/NYes
CityLancaster
Community FeaturesCurbs, StreetLights, Sidewalks
CoolingEvaporativeCooling
CountyLos Angeles
Current FinancingNone
DirectionsTake 14 N freeway. Exit on Avenue I. Head east. Right on Redwood Avenue.
ElectricStandard
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationRedwood Ave
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income60000.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, Conventional, FHA
Lot Size Square Feet7503.0
Lot Size UnitsSquareFeet
MLS AreaLAC - Lancaster
MobileHomeRemainsYNNo
Net Operating Income60000.0
New ConstructionNo
Number Of Units Total3
Number of Units Leased2
Operating Expense6600.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofShingle
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot20
Tenant PaysElectricity, Gas
Total Actual Rent5500.0
Trash Expense0.0
ViewNeighborhood
Water Sewer Expense1400.0
Waterfront Y/NNo
Year Built1963
Year Built SourceAssessor
ZoningLRR2*

Exterior for 44817 Redwood Avenue

Building Area Total2800.0
Crops Included Y/NNo
FencingChainLink, Wood
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesDesertBack, DesertFront, RectangularLot
Lot Size Acres0.1722
Lot Size Area7503.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesCarport, DetachedCarport
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $749,900
MLS#SR25073211
List Date 04/14/2025
Property Type Multi-Family
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