About This Home
This 4-bedroom, 4-bathroom residential multi family at 45110 Elm Avenue in Lancaster, CA is listed for $639,000 ($377 per sqft). Built in 1949, the home offers 1,697 sqft of living space on a 0.20 acres lot.
Key Features
- Built in 1949
- 0.20 acre lot
Property Details
This thoughtfully designed and well-maintained four unit property offers exceptional versatility and strong income potential. The front unit is a spacious, upgraded vacant 2 bedroom, 1 bath residence that lives like a single-family home perfect for owner occupancy or commanding top market rent.
Attached to the front is a private studio with its own separate entrance, providing added rental flexibility. The property also features 2 more studios well proportioned with own private bath, appealing to a broad tenant base. Each unit is separately metered for gas and electric, ensuring efficient operations and ease of management.
Tenants benefit from two covered alley-access parking spaces, while a detached two-car garage with individual single doors offers additional parking, storage, or potential value-add opportunities. Pride of ownership throughout, this property is ideally suited for investors seeking strong and reliable cash flow, long-term appreciation, and a high quality multifamily asset in a solid rental market.
Monthly Cost Estimate
$3,418/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
45110 Elm Avenue
Lancaster, CA 93534
Property Details
Construction
Questions & Answers
This 4-bedroom, 4-bathroom residential multi family at 45110 Elm Avenue is listed at $639,000 ($377/sqft). The estimated monthly payment is $3,417 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1949, 0.20 acre lot.
This property is listed by George Kpachavi and can be reached at 3105250528.