45110 Elm, Lancaster, CA 93534

$639,000

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List Price
$639,000
Status
ACTIVE
MLS#
SR26161196
Year Built
1949
Lot Size
8,851
Acres
0.20
Lot Location
Back Yard, Front Yard, Level, Rectangular Lot
Days on Market
3
Property Type
Multifamily
Style
Traditional
Property Sub Type
Triplex
Stories
One Level

Property Description

This thoughtfully designed and well-maintained four unit property offers exceptional versatility and strong income potential. The front unit is a spacious, upgraded vacant 2 bedroom, 1 bath residence that lives like a single-family home perfect for owner occupancy or commanding top market rent. Attached to the front is a private studio with its own separate entrance, providing added rental flexibility. The property also features 2 more studios well proportioned with own private bath, appealing to a broad tenant base. Each unit is separately metered for gas and electric, ensuring efficient operations and ease of management. Tenants benefit from two covered alley-access parking spaces, while a detached two-car garage with individual single doors offers additional parking, storage, or potential value-add opportunities. Pride of ownership throughout, this property is ideally suited for investors seeking strong and reliable cash flow, long-term appreciation, and a high quality multifamily asset in a solid rental market.

Additional Information

Appliances
Electric Range, Gas Range, Water Heater
Pool Description
None
Fireplace Description
Kitchen, Living Room
Heat
Central
View
Neighborhood
Roof
Shingle
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Down, Bedroom on Main Level
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$19,200

Listing courtesy of Listing Agent: George Kpachavi (george@kpachavirealestate.com) from Listing Office: LPT Realty, Inc.

Mortgage Calculator

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Calculator source: Real Geeks

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.