222
  • Property Type
  • Residential Income
  • 5
  • Bedrooms
  • 2
  • Bathrooms
  • 1800.00 m²
  • Area Size
  • 1928
  • Year Built
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: 44606 Date Avenue
  • City: Lancaster
  • State/county: CA
  • Zip/Postal Code: 93534
  • Area: LAC - Lancaster
  • Country: United States

Details

Updated on January 3, 2024 at 8:57 pm
  • Property ID 51738
  • Price $625,000
  • Property Size 1800.00 m²
  • Land Area 7807.00 m²
  • Bedrooms 5
  • Bathrooms 2
  • Year Built 1928
  • Property Type Residential Income
  • Property Status For Sale
  • Living Area 1800.00
  • MLS# 22201689
  • Office Name EGL PROPERTIES INCORPORATED
  • Agent Name Jason Hurst
  • MLS Status Active
  • Living Area Prefix Sqft
  • Agent State License 02067523

Additional details

  • Cooling Evaporative Cooling
  • Heating Wall Furnace
  • County Los Angeles
  • Parking 0.00

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Sankofa Global Realty
  • Sankofa Global Realty

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