44606 Date Avenue Lancaster, CA $ 625,000
44606 Date Avenue
$ 625,000
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44606 Date Avenue

Lancaster, CA, 93534
$ 625,000
Baths0.0 Sq 1,800

Monthly Estimate*

$ 4,366

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Studio

Multi-Family Home for sale in Lancaster, CA

for $625,000. This 1,800 square foot home was built in 1928 on a lot size of 0.18.

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.

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Multi-Family Active

Price

$ 625,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.18

Year Built

1928

Town/City

Lancaster

County/Region

Los Angeles

MLS | Web ID

0022201689

Features
General
Heating Wall Furnace
Cooling Evaporative Cooling
Zoning LRR2*
Year Built 1928
Levels One
County Los Angeles
Net Operating Income 54680.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Lancaster
Buyer Agent Compensation 1.50
Senior Community Y/N No
MLS Area LAC - Lancaster
Lot Size Square Feet 7807.0
Street Name Date
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Kitchen Appliances Dishwasher
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Avenue
Total Baths 0
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Exterior
Parking Features Driveway - Combination
Lot Size Area 7807.0
Building Area Total 1800.0
Lot Size Acres 0.18
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Jason Hurst

Listing Agent

Egl Properties Incorporated

Broker

Affordability Calculator

$4,366
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,366
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2023$625,000 -3.85% Price Down
9/22/2022$650,000 Listed Price

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44606 Date Avenue, Lancaster, CA, 93534 is a Multi-Family Home for sale at $625,000 with 1,800 sqft and a lot size of 0.18. 44606 Date Avenue is a studio with 0.0 baths and was built in 1928. The property's zip code is 93534 which is in Lancaster, CA