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45038 SPEARMAN AVE Lancaster, CA 93534
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Key Details
Sold Price $592,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,599 sqft
Price per Sqft $128
MLS Listing ID 18375504
Bedrooms 12
Year Built 1955
Lot Size 0.385 Acres
Property Description
We are pleased to announce the sale of 45038 Spearman Avenue, a six-unit multifamily property located in the growing City of Lancaster. The building is situated just north of Lancaster Boulevard, known locally as "The Blvd", Antelope Valley's premier destination for dining, entertainment, arts, and nightlife. This offering presents a rare opportunity to purchase a non-rent controlled property with rents that are still far below market levels. Situated on a large 16,788 square foot lot, the three separate duplexes contain all two bedroom/one bathroom units. Each apartment features individual laundry hookups, helping an owner to increase income without impacting utility expenses. Tenants enjoy six individual parking garages, plus room for an additional five vehicles in open spaces.Not far from the busy 14 Freeway, the property sits in a denser pocket of the Antelope Valley, with large schools and major national retailers all within a short distance.
Location
State CA
County Los Angeles
Area Lac - Lancaster
Zoning LRR2*
Exterior
Parking Features Garage
Building
Story 1
New Construction No
Others
Special Listing Condition Standard
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Bought with Roderick 'Rick' Raymundo • Marcus & Millichap