552 W Avenue H8, Lancaster, CA 93534
- $620,000
- List Price
- $620,000
- Price Change
- ▲ $21,000 1772525409
- Status
- ACTIVE
- MLS#
- SR26013872
- Year Built
- 1957
- Lot Size
- 6,168
- Acres
- 0.14
- Lot Location
- Back Yard
- Days on Market
- 59
- Property Type
- Multifamily
- Property Sub Type
- Duplex
Property Description
Back on market—buyer’s loan fell through; no fault of the seller or the property. This fully remodeled triplex offers 2,088 sq ft of living space and is eligible for Conventional or FHA financing. The property consists of two fully remodeled 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, which is a newly constructed, fully permitted ADU. Each unit features its own in-unit washer and dryer hookups and modern finishes throughout, making this a true turnkey income property. The property is Section 8 approved, offering strong rental demand and stable income potential. With a solid 8.4% cap rate, this property is ideal for investors or owner-users seeking reliable cash flow in the growing Antelope Valley market. Conveniently located near shopping, schools, dining, and major commuter routes, this is a rare opportunity to acquire a fully renovated, permitted triplex with excellent income and long-term upside.
Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $65,568
- Operating Expense
- 13114
Listing courtesy of Listing Agent: Rana Khanjani (rana@syncbrokerage.com) from Listing Office: Sync Brokerage.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.