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44606 Date Avenue

Lancaster, CA 93534
  • $625,000
  • STATUS: Active
  • ON SITE: 258 Days
  • ID#: 22201689
UPDATED: 74 min ago
$625,000
  • 5
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,800
    SQFT
  • $347
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1928
County:

School Ratings & Info

Listing Agent(s): Jason Hurst of Egl Properties Incorporated (310-481-0922)


Description

$64,680.00 Yearly income for a $625,000 Property. THERE IS NO OTHER PROPERTY OUT IN Antelope Valley making over a 10% Gross like this one. Some say, well it is only 2 units, we say: SHOW ME THE MONEY is the bottom line as it cash flows Plus has room to add 2 more units, we even have plans to convert garage to a 2 bra unit to make an extra $2000 a month. Also room for a 4 the unit as lot is R2 you will have to come in with some cash, as Banks won't appraise, but you will make a nice Cash on Cash return in any case.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-08T15:33:51.533. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/133319523
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44606 Date Avenue Lancaster, CA 93534

  • Price: $625,000
  • Status: Active
  • On Site: 258 Days
  • Updated: 74 min ago
  • ID#: 22201689
5
Beds
0
Baths
0
½ Baths
0.18
Acres
1,800
SQFT
$347
$/SQFT
1928
Built
Neighborhood:
LAC - Lancaster
County:
Los Angeles
Area:
LAC - Lancaster
Property Description
$64,680.00 Yearly income for a $625,000 Property. THERE IS NO OTHER PROPERTY OUT IN Antelope Valley making over a 10% Gross like this one. Some say, well it is only 2 units, we say: SHOW ME THE MONEY is the bottom line as it cash flows Plus has room to add 2 more units, we even have plans to convert garage to a 2 bra unit to make an extra $2000 a month. Also room for a 4 the unit as lot is R2 you will have to come in with some cash, as Banks won't appraise, but you will make a nice Cash on Cash return in any case.
Exterior Features

Parking Features Driveway Parking Total 0

Interior Features

Appliances Dishwasher Cooling Evaporative Cooling Cooling YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 7.21 Gross Income 64680 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 54680 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lrr2*



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-08T15:33:51.533. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Jason Hurst of Egl Properties Incorporated (310-481-0922)