About This Home

This 0-bedroom, 0-bathroom commercial at 3121 E I Avenue in Lancaster, CA is listed for $1,100,000 ($244 per sqft). the home offers 4,500 sqft of living space on a N/A lot.

Listing Description

Rare opportunity to own this desirable multiple tenant investment property in Lancaster. All tenants are on modified gross leases. American Medical Response, Verizon wireless cellular antenna and Dura-Bilt homes have been in this location for many years. This property has a stable diversified income stream for an investor. The current annual NOI is roughly $67,000, which makes it a solid 6% cap rate property.

Monthly Cost Estimate

$5,883/mo

20% down · 6.5% · 30 years

Principal$796

Interest$4,767

Insurance$321

Estimates only. Actual payments may vary.

Location

3121 E I Avenue

Lancaster, CA 93535

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 3121 E I Avenue is listed at $1,100,000 ($244/sqft). The estimated monthly payment is $5,883 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

This property is listed by James Kelsey and can be reached at 8057094828.