Thank you
Jason Hurst
EGL Properties Incorporated
310-481-0922
Been on the market for some time, BECAUSE current owner is happy to hold as making over $64,000 a year income. FYI Won't work with a tradition loan, as lenders probably won't appraise at value, as it is only a 2 unit property. Owner is selling for $625,000 on fact that this is over $64,000 a year income a 10% gross income property, and there is nothing out there in the market like this. This is a DIAMOND. If you depend on a loan, 80% to 90% it won't work, so this property is not for you. If you can put down like 50% cash, then can work or if a 100% cash buyer then of course. Again, if you want to make a good return on your cash then this property is for you. Also Upside to convert Garage to 2 br unit, we got approved plans, and also add a 4th unit, so lots of upside for the next investor, my seller just wants his price to make it worth wild to sell. Just being honest here.
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Total Bedrooms : 5
Total Baths: 2
Full Baths: 0
Half Baths: 0
Property Appliances: Dishwasher
Evaporative Cooling
Air Conditioning
Wall Furnace
Has Heating
Year Built: 1928
Building Area Total: 1,800
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1792
Lot Size Source: Assessor
Lot Size Square Feet: 7807
Original List Price: 625,000
Listing Contract Date: 2022-09-20
Listing Agreement: Seller Reserved
Parcel Number: 3134023022
Garage Description: Driveway
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: LAC - Lancaster
Postal Code Plus 4: 3517
Directions: Near Corner of Date st
Zoning: LRR2*
Source Property Type: Residential Income
Area: LAC - Lancaster
Property Age: 96
Year Built Source: Vendor Enhanced
Total Square Feet Living: 1800
Levels or Stories: One
Building Total Stories: 1
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
13 STREET W Avenue F, Lancaster, CA,93534 | $60,999 | -- | -- | -- | 104024 Sqft |
Avenue E7, Lancaster, CA,93534 | $14,000 | -- | -- | -- | 3007 Sqft |
Vac/ave E3/vic 11 Plw, Lancaster, CA,93534 | $12,500 | -- | -- | -- | 24790 Sqft |
Vac/ave A10/vic 16 Stw, Lancaster, CA,93534 | $40,000 | -- | -- | -- | 111377 Sqft |
44442 Beech Avenue, Lancaster, CA,93534 | $700,000 | 4 | -- | 2,041 | 8852 Sqft |
Vac/vic Avenue A4/15 Stw, Lancaster, CA,93534 | $45,000 | -- | -- | -- | 107866 Sqft |
Vac/64th W/vic Avenue F10, Lancaster, CA,93534 | $45,000 | -- | -- | -- | 109402 Sqft |
600 Ave H4 & 6th St E Way, Lancaster, CA,93534 | $140,000 | -- | -- | -- | 227352 Sqft |
Vac/challenger Way/vic .., Lancaster, CA,93534 | $70,000 | -- | -- | -- | 103352 Sqft |
Sierra Highway, Lancaster, CA,93534 | $1,600,000 | -- | -- | -- | 507909.6 Sqft |
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ByOwner last updated this listing 04/29/2024 @ 13:04
MLS: 22201689
LISTED BY: Jason Hurst, EGL Properties Incorporated
SOURCE: CRMLS
Buyer Agency Compensation: 1.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.