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150 E Lancaster Boulevard

Lancaster, CA 93535
  • $1,625,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 9,230

    SqFt

About the Listing F8595001 - F207056634

Price reduced by $100,000. Actual gross income of $169,440 and 7.03% CAP. This offering encompasses two contiguous parcels of 150 and 160 East Lancaster consisting of five 2 bedrooms/ 1 bath and nine 1 bedrooms/ 1 bath apartments. Magnificent opportunity to own an investment property with great income and no rent control in Lancaster, California. Premier location in City; adjacent to Highway 14, the main freeway connecting the greater Los Angeles area to the Antelope Valley. The Lancaster/Palmdale area is a growing, business-friendly region, and home to several large corporations such as Lockheed Martin, Northrop Grumman, Space X, Boeing, General Dynamics, and NASA. Northrop Grumman is in process of increasing its operations in the area, and rental rates have increased significantly to accommodate the increased demand.

Listing Highlights for 150 E Lancaster Boulevard

Status Active With Contingency
Days on Site 46
Property Type Multi-Family
MLS ® SR18213498
Year Built 1957
Total Square Footage 9,230
Lot/Acreage 0.51
County Los Angeles
Area LAC - Lancaster

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Corner Lot
  • Garage Capacity: 0 car
  • Parking Spaces: 14
  • Zoning: LRR3-R165OO*
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Above Ground Sq Ft:
  • Below Ground Sq Ft:

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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150 E Lancaster Boulevard Lancaster, CA 93535

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Listing Courtesy of Anie Mayelian, Keller Williams Encino-Sherman

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