44606 Date Avenue, Lancaster, CA 93534
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Listed Price :
$625,000
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Beds :
5
-
Baths :
2
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Property Size :
1,800 sqft
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Year Built :
1928
Property Description
Been on the market for some time, BECAUSE current owner is happy to hold as making over $64,000 a year income. FYI Won't work with a tradition loan, as lenders probably won't appraise at value, as it is only a 2 unit property. Owner is selling for $625,000 on fact that this is over $64,000 a year income a 10% gross income property, and there is nothing out there in the market like this. This is a DIAMOND. If you depend on a loan, 80% to 90% it won't work, so this property is not for you. If you can put down like 50% cash, then can work or if a 100% cash buyer then of course. Again, if you want to make a good return on your cash then this property is for you. Also Upside to convert Garage to 2 br unit, we got approved plans, and also add a 4th unit, so lots of upside for the next investor, my seller just wants his price to make it worth wild to sell. Just being honest here.
Interior Features
| Bedroom Information |
| Bedrooms |
5 |
| Bathroom Information |
| Bathrooms |
2 |
| Interior Information |
| Cooling Type |
Evaporative Cooling |
Listing Information
| Address |
44606 Date Avenue |
| City |
Lancaster |
| State |
CA |
| Zip |
93534 |
| County |
Los Angeles |
| Listing Agent |
Jason Hurst DRE #02067523 |
| Courtesy Of |
EGL Properties Incorporated |
| List Price |
$625,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
1,800 |
| Lot Size |
7,807 |
| Year Built |
1928 |
Listing information courtesy of: Jason Hurst, EGL Properties Incorporated. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:44 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
