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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$1,106,000

Est. payment - /mo

9 Beds

9 Baths

4,468 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,468 sqft

Price per Sqft $247

MLS Listing ID SR26139863

Bedrooms 9

Full Baths 9

HOA Y/N No

Year Built 1987

Lot Size 0.265 Acres

Property Sub-Type Quadruplex

Property Description

Exceptional investment opportunity in the heart of Downtown Lancaster! This well-maintained quadruplex offers 9 bedrooms, 9 bathrooms, and approximately 4,468 square feet of living space across four separate units. The property is currently operating at an approximately 6% cap rate, with the potential for increased returns. The building features four spacious units, each with its own thoughtfully designed floor plan, private two-car garage, separate gas and electric meters, and individual laundry hookups, providing convenience for tenants and efficient property management. Ideally located near schools, shopping centers, restaurants, supermarkets, gas stations, and with easy access to nearby freeways, this income-producing property offers strong rental appeal in a desirable Downtown Lancaster location. Whether you're looking to expand your investment portfolio or acquire a multi-unit asset with excellent long-term potential, this fourplex is an opportunity not to be missed. Property is tenant occupied. Please do not disturb tenants.

Location

State CA

County Los Angeles

Area Lac - Lancaster

Rooms

Main Level Bedrooms 4

Interior

Interior Features Balcony, Ceiling Fan(s), Separate/Formal Dining Room, Open Floorplan, Storage, Bedroom on Main Level, Main Level Primary

Cooling Wall/Window Unit(s)

Flooring Laminate, Tile

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator

Laundry Inside

Exterior

Parking Features Direct Access, Garage, Garage Faces Side

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood, Trees/Woods

Roof Type Tile

Accessibility Parking

Porch Covered, Front Porch, Porch, See Remarks

Total Parking Spaces 8

Private Pool No

Building

Lot Description Lawn, Landscaped, Level, Sprinkler System

Dwelling Type Quadruplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 3140030026

Security Features Carbon Monoxide Detector(s),Smoke Detector(s),Security Lights

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

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Listed by Sergei Hovsepyan Real Brokerage Technologies, Inc. 818-929-1158, DRE #01992656

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

43731 8th ST E Lancaster, CA 93535