45523 10th Street W

    Lancaster, CA 93534
    • $685,000
    • STATUS: Active
    • ON SITE: 40 days
    • ID#: DW20076616
    UPDATED: 37 min ago
    $685,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,940
      SQFT
    • $174
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1981
    County:

    School Ratings & Info

    Description

    Agents, Call all your Investors! Great well maintained Income Producing 4-unit complex. 3 units are 2/2 Townhome style apartments featuring approximately 1,100 square feet, the other unit is 2/1. There are 6 - One Car Garages which have all been recently repaired and been painted. Water is paid by the current Owner, tenants pay their own electricity & gas which are all on individual meters. There is an on-site laundry room with all connections ready to go for an additional income source. In addition there is a clean free space with fresh paint and lighting to be used as an office or utility/storage room. All units are currently rented and 2 are on 6 month leases (Unit A has 3 months left on their lease & Unit C has 5 months left, this unit has been recently painted and has granite counter tops). Unit D is a long term tenant. Unit B is currently month to month. Please note: All Units are Section-8.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-06-01T13:27:56.18. 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 Allison James Estates and Homes. Licensed in the State of California, USA.

    www.teamforss.com/homes/105234801

    45523 10th Street W Lancaster, CA 93534

    • Price: $685,000
    • Status: Active
    • Updated: 37 min ago
    • ID#: DW20076616
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    3,940
    SQFT
    $174
    $/SQFT
    1981
    Built
    Neighborhood:
    LAC - Lancaster
    County:
    Los Angeles
    Area:
    LAC - Lancaster
    Property Description
    Agents, Call all your Investors! Great well maintained Income Producing 4-unit complex. 3 units are 2/2 Townhome style apartments featuring approximately 1,100 square feet, the other unit is 2/1. There are 6 - One Car Garages which have all been recently repaired and been painted. Water is paid by the current Owner, tenants pay their own electricity & gas which are all on individual meters. There is an on-site laundry room with all connections ready to go for an additional income source. In addition there is a clean free space with fresh paint and lighting to be used as an office or utility/storage room. All units are currently rented and 2 are on 6 month leases (Unit A has 3 months left on their lease & Unit C has 5 months left, this unit has been recently painted and has granite counter tops). Unit D is a long term tenant. Unit B is currently month to month. Please note: All Units are Section-8.
    Exterior Features

    Garage Spaces 6.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 6.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Flooring CarpetLaminate Laundry Features Common Area Levels Two Room Type All Bedrooms UpWalk-In Closet

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Gardener Expense 0.00 Gross Income 58320.00 Gross Scheduled Income 58320.00 Insurance Expense 1200.00 Land Lease YN No Laundry Income 0.00 Laundry YN Yes Net Operating Income 47320.00 New Construction YN No New Taxes Expense 8000.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 0 Number Of Units Leased 4 Operating Expense 11000.00 Pool Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 4860.00 Total Expenses 11000.00 Trash Expense 600.00 Water Sewer Expense 1200.00 Water Source Public Year Built Source Public Records Zoning Lrr3*

    Listing provided courtesy of Jenny Velasco of Impact Real Estate Services and Luis Fajardo of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-06-01T13:27:56.18. 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 Allison James Estates and Homes. Licensed in the State of California, USA.

     
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