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Kai Steijn

[email protected] +1(949) 374-8847

$ 539,000

Est. payment -/mo

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Active

1575 W Avenue H8 Lancaster, CA 93534

6,825 Sqft Lot

UPDATED:

01/24/2025 04:37 AM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24254933

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1957

Lot Size 6,825 Sqft

Property Description

Calling all Investors and First-Time Buyers! This is a fantastic investment opportunity that holds even more potential. You have the flexibility to either rent out both units or reside in one while renting out the other to help cover the mortgage costs. This property consists of two units, designated as A and B. Unit A consists of 4 bedroom, 2 full bathrooms (1,800 SF) with a huge storage room in the backyard. Unit B consists of 2 bedroom and 2 full bathrooms (950 SF) with a huge storage room the backyard. To add to the allure, both units have recently undergone a fresh interior paint job. The property also boasts a 4-car parking space, 2 designated per unit. Situated across from Desert View Elementary School in a safe and quite neighborhood is located a few blocks from Freeway 14, In & Out Burger and shopping centers. it's on a spacious and highly usable lot spanning 6,840 square feet, this property is a true gem. Until recently, Unit A was rented for $3,400 per month and Unit B was rented for $2,600 per month. Consider $72,000 rental value collected annually with all utilities paid by tenants. This is a low maintenance property for investors with 4”-6” of rocks over thick plastic in all landscaped areas.

Location

State CA

County Los Angeles

Area Lac - Lancaster

Zoning LRRA6000*

Rooms

Other Rooms Shed(s), Storage

Interior

Interior Features Ceiling Fan(s), Ceramic Counters, Storage, All Bedrooms Down, Bedroom on Main Level

Heating Central, Natural Gas, Wall Furnace

Cooling Electric, Wall/Window Unit(s)

Flooring Tile

Fireplaces Type Family Room, Free Standing, Wood Burning

Fireplace Yes

Appliance Disposal, Range Hood, Water Heater

Laundry Washer Hookup, Gas Dryer Hookup, In Kitchen, Laundry Room

Exterior

Exterior Feature Lighting

Parking Features Assigned, Concrete, Driveway Level, Driveway, On Site, Off Street, Paved, Private

Fence Block, Good Condition, Privacy, Stucco Wall, Wood

Pool None

Community Features Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks, Urban

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

View Y/N Yes

View City Lights

Roof Type Shingle,See Remarks

Total Parking Spaces 4

Private Pool No

Building

Lot Description Back Yard, Front Yard, Level, Near Public Transit, Paved, Rectangular Lot

Faces South

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories One

Additional Building Shed(s), Storage

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 3119002013

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

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Listed by Ali Farassati • HomeBased Realty • 818-606-5515