About This Home

This 2-bedroom, 2-bathroom multi-family at 116 Nicobar in Lancaster, CA is listed for $279,000 ($215 per sqft). Built in 1957, the home offers 1,300 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1957
  • 0.11 acre lot

Property Details

1 story
2 full
1957
Listing Description

INVESTOR ALERT! RARE MULTI-PROPERTY INVESTMENT OPPORTUNITY IN LANCASTER! 116 Nicobar Street, Lancaster, CA 93534 ONE PURCHASE. MULTIPLE INCOME OPPORTUNITIES. UNLIMITED POTENTIAL! Attention investors, builders, and developers! Here's your chance to secure an exciting investment opportunity in Lancaster with a duplex that has been stripped down to it

s interior shell, offering the possibilty of Two bedrooms, one bathroom, living room and kitchen in each seperate unit. PLUS TWO ADDITIONAL LOTS INCLUDED IN THE SALE! 3138-027-003, 3138-027-004 Why settle for one income-producing property when you can invest in a property with the potential for multiple revenue streams?

The existing duplex features approximately 1,300 square feet, two units, and separate living spaces, offering an opportunity to generate rental income while planning your next investment move. But the REAL VALUE lies in the expansion potential! Included in this unique offering are TWO ADDITIONAL LOTS, creating an exciting opportunity to explore the

construction of additional residential income properties, subject to city approvals, zoning requirements, and permits. Imagine the possibilities: maintain the existing duplex as a rental investment while developing the additional lots to potentially expand your rental portfolio, increase cash flow, and build long-term equity.

WHY INVESTORS WILL LOVE THIS OPPORTUNITY: Existing Duplex: Two residential units with rental income potential. Two Additional Lots Included: Valuable land offering potential for future residential development. Multiple Income Streams: Opportunity to expand beyond the existing two units.

Build Long-Term Wealth: Explore additional construction to maximize the property's investment potential. Flexible Investment Strategy: Ideal for buy-and-hold investors, builders, developers, and investors looking to expand their portfolios. Lancaster Location: Situated in an established Antelope Valley community. This is more than a duplex - it's an opportunity to turn one investment into a larger income-producing real estate portfolio! DON'T JUST BUY AN INVESTMENT PROPERTY - INVEST IN THE POTENTIAL TO BUILD MORE!

Monthly Cost Estimate

$1,492/mo

20% down · 6.5% · 30 years

Principal$202
Interest$1,209
Insurance$81

Estimates only. Actual payments may vary.

Location

116 Nicobar

Lancaster, CA 93534

Questions & Answers

This 2-bedroom, 2-bathroom multi-family at 116 Nicobar is listed at $279,000 ($215/sqft). The estimated monthly payment is $1,492 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1957, 0.11 acre lot.

This property is listed by Erick Escobar.

EE

Erick Escobar

License 02041651

Agent at Beverly and Company, Inc.

Listed by Beverly and Company, Inc. · Broker phone: (818) 382-4160 · Broker website

MLS# SR26231266· Source: California Regional Multiple Listing Service, Inc· 1 day on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

116 Nicobar, Lancaster, CA 93534

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