1575 W Avenue H8 Pending Save Request In-Person Tour Request Virtual Tour
Lancaster,CA 93534
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
MLS Listing ID SR24254933
Year Built 1957
Lot Size 6,825 Sqft
Property Sub-Type Single Family Residence
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 and 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
Heating Central,Natural Gas,Wall Furnace
Cooling Electric,Wall/Window Unit(s)
Flooring Tile
Fireplaces Type Family Room,Free Standing,Wood Burning
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
Building
Lot Description Back Yard,Front Yard,Level,Near Public Transit,Paved,Rectangular Lot
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard