4024 W Avenue L new Save Request In-Person Tour Request Virtual Tour
Lancaster,CA 93536
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID IG25170390
HOA Y/N No
Year Built 1956
Lot Size 0.471 Acres
Property Sub-Type Quadruplex
Property Description
Fantastic opportunity to own a well-maintained 4-unit income-producing property on a generous 0.5-acre lot in the heart of Lancaster. The property features a desirable unit mix, consisting of one spacious 2-bedroom, 1.5-bathroom unit and three 1-bedroom, 1-bathroom units—perfect for steady rental income and long-term tenant stability. Recent upgrades include a brand-new roof (2024) and updated main line plumbing upgrades, significantly reducing future maintenance expenses and adding long-term value. Each unit is separately metered for electricity and gas, offering added efficiency and control for both tenants and owner.
Centrally located near major shopping centers, schools, public transit, and parks, the property provides convenience and appeal to prospective renters. The expansive half-acre lot also presents potential for additional amenities, expanded parking, or possible future development with R-3 zoning (buyer to verify with city). With its strong fundamentals, recent improvements, and excellent location, this turnkey asset is a solid investment opportunity for both seasoned investors and those entering the multifamily space.
Location
State CA
County Los Angeles
Area Lac - Lancaster
Zoning LCR3*
Interior
Fireplace No
Laundry Electric Dryer Hookup,Gas Dryer Hookup
Exterior
Pool None
Community Features Rural
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 3103024018
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard