44606 Date Avenue, Lancaster, CA 93534
- $625,000
- $347
Description
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.
Address
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Address: 44606 Date Avenue
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City: Lancaster
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State/county: CA
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Zip/Postal Code: 93534
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Area: LAC - Lancaster
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Country: United States
Details
Updated on January 3, 2024 at 8:57 pm-
Property ID 51738
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Price $625,000
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Property Size 1800.00 m²
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Land Area 7807.00 m²
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Bedrooms 5
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Bathrooms 2
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Year Built 1928
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Property Type Residential Income
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Property Status For Sale
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Living Area 1800.00
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MLS# 22201689
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Office Name EGL PROPERTIES INCORPORATED
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Agent Name Jason Hurst
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MLS Status Active
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Living Area Prefix Sqft
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Agent State License 02067523
Additional details
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Cooling Evaporative Cooling
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Heating Wall Furnace
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County Los Angeles
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Parking 0.00
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