CaliforniaLancaster44921 Trevor Avenue

44921 Trevor Avenue
Lancaster, CA 93534

$1,950,000
For Sale
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Tools
Open House
Size
10
Bedrooms
5,350 Sq Ft.
Interior
.25 Acres
Exterior
Financial
$1,950,000
Change Currency
$364
Price / Sq. Ft.
Listing Details
Multi Family
Property Type
1951
Year Built
12290766
Web Id
24005117
MLS ID
93
Days Posted

Description

44921 Trevor Avenue, Lancaster, CA 93534

Explore a promising investment opportunity with this well-maintained 10-unit Section-8 rental property in Lancaster. This multi-unit building, featuring eight units and two newly constructed ADUs, ensures stable, government-supported income and lower vacancy rates due to high demand. Each 1 bed, 1 bath unit includes dedicated parking, shared laundry facilities, and separate electric and gas meters for efficient management. With longer-term tenants and guaranteed payments, landlords benefit from reduced turnover costs and non-payment risks. Additionally, tax deductions for maintenance and management, along with required property improvements, enhance financial stability and positively impact the community. Boasting a solid 6.5% cap rate and a convenient location close to local amenities, this property is ideal for investors seeking reliable cash flow and growth. Don't miss out on this excellent opportunity to expand your real estate portfolio in Lancaster.

This is an Active listing.

Broker Office Phone Number: 818-770-3660

Copyright © 2024Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Price History View all +
Date PriceVarianceType
6/19/2024$1,950,000-Listed
Listing By: Sync Brokerage, Inc. via Data Source: Greater Antelope Valley Association of Realtors


Located at 44921 Trevor Avenue, Lancaster, California 93534, this Multi Family is for Sale with a price of $1,950,000 USD. The property was built in 1951, includes 10 bedrooms,. This listing has 5,350 Sq.Ft. of interior space on a lot of .25 Acres. See all Homes for Sale in Lancaster.
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