Lancaster, CA 93534,44442 BEECH AVE
$700,001
Est. payment /mo
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4 BD
2 BA
2,041 SqFt
Active

44442 BEECH AVE Lancaster, CA 93534

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UPDATED:

10/03/2024 05:20 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,041 sqft

Price per Sqft $342

MLS Listing ID 22-129453

Bedrooms 4

Year Built 1941

Lot Size 8,852 Sqft

Acres 0.2032

Property Description

12.29% GROSS RENT INCOME PROPERTY!!!!!! UPDATE 1 SEPT 24 rent increase: to $7171 a month or $86,052 a YEAR: Garage can be converted to 1 br or 2br unit, so still has upside. Low risk tenant, 3 VASH or SEC 8 Most rent( 90%) paid by GOVERNMENT. THERE IS LIKE VERY LITTLE RENTAL RISK ON THIS PROPERTY. Your $700,000 to make $86,052 a year is a smoking deal. High Cash Flow and Upside to add 1 more unit.

Location

State CA

County Los Angeles

Area Lancaster

Zoning LRR2*

Rooms

Other Rooms Other

Interior

Heating Baseboard

Cooling Evaporative

Equipment None

Exterior

Garage None

Garage Spaces 2.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by EGL Properties Incorporated

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44442 BEECH AVE