Lancaster, CA 93535 536 E Avenue H14
$850,000
Pending
Presented By: Steve Di Pressi with Urban Resources Consulting; 661-860-6066
Beds • 2
Baths • 1
SQFT • 3,400
Garage • 8
Year Built • 1983
Home Details
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.
Presented By: Steve Di Pressi with Urban Resources Consulting; 661-860-6066
Interior Features for 536 E Avenue H14
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet
Heating Y/NYes
Interior AmenitiesAllBedroomsDown
Laundry FeaturesCommonArea
Total Stories1
Other Rooms
Entry Level1
General for 536 E Avenue H14
Additional Parcels Y/NNo
AppliancesDishwasher, GasOven
Architectural StyleContemporary
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate8.38
Carport Y/NNo
CityLancaster
Community FeaturesCurbs, StreetLights, Sidewalks
ContingencyNone on seller side.
CoolingCentralAir
CountyLos Angeles
DirectionsAve I to 5th east. Left on 5th east to H14. Rt on H14. Bldg on right.
ElectricStandard
Electric Expense120.0
Electric On Property Y/NNo
Entry Locationfront
Fuel Expense0.0
Garage Spaces8.0
Garage Y/NYes
Gross Income94200.0
HOANo
HeatingForcedAir
Home Warranty Y/NNo
Insurance Expense2500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet12353.0
Lot Size UnitsSquareFeet
MLS AreaLAC - Lancaster
MobileHomeRemainsYNNo
Net Operating Income71262.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Operating Expense20112.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition, Shingle
Senior Community Y/NNo
SewerSewerTapPaid
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories1
Tax Lot2
Tenant PaysElectricity, Gas
Total Actual Rent7770.0
Trash Expense2000.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected
ViewNone
Water Sewer Expense2500.0
Waterfront Y/NNo
Year Built1983
Year Built SourceAssessor
ZoningLRR315U*
Exterior for 536 E Avenue H14
Building Area Total3400.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesElevenToFifteenUnitsAcre
Lot Size Acres0.2836
Lot Size Area12353.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters0
Open Parking Y/NNo
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking8.0
Water SourcePublic
Additional Details
Price History
Keegan Cin
Team Lead
