44921 Trevor Avenue, Lancaster, CA 93534
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Listed Price :
$1,950,000
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Beds :
10
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Baths :
-
Property Size :
N/A sqft
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Year Built :
1951
Property Description
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.
Interior Features
| Bedroom Information |
| Bedrooms |
10 |
Listing Information
| Address |
44921 Trevor Avenue |
| City |
Lancaster |
| State |
CA |
| Zip |
93534 |
| County |
Los Angeles |
| Listing Agent |
Jamie Moffit DRE #02142438 |
| Courtesy Of |
Sync Brokerage, Inc. |
| List Price |
$1,950,000 |
| Status |
Active |
| Type |
Multi-Family |
| Structure Size |
N/A |
| Lot Size |
11,057 |
| Year Built |
1951 |
Listing information courtesy of: Jamie Moffit, Sync Brokerage, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 26th, 2024 at 12:07 AM 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.
