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1011 W Avenue H12

Lancaster, CA 93534
  • $1,090,000
  • STATUS: Active
  • ON SITE: 81 Days
  • ID#: PW25275766
UPDATED: 66 min ago
$1,090,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1981
County:

School Ratings & Info

Listing Agent(s): Adrian Villalobos of The Realty Co (562-269-3838)


Description

Well-maintained 4-unit apartment building on a corner lot, built in 1981. The property consists of four 2-bedroom units: three townhouse-style units with 2 beds/1.5 baths and one single-level flat unit with 2 beds/1 bath. All units feature central A/C replaced approximately 7 years ago. Each unit includes a one-car garage with remote door plus one additional assigned parking space. A fifth garage is currently used by the owner for storage, along with an additional on-site storage room. On-site laundry facility provides additional income. All tenants are Housing Authority assisted, with approximately 75% of rents deposited directly to the owner on the 1st of each month. Tenants are quiet and the property is easy to manage. Annual owner expenses are approximately: common area electricity $360, insurance $3,500, trash $1,800, and water/sewer $1,200. Drive-by only. Showings with accepted offer. Do not disturb tenants.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-06T17:34:26.86. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/171391758
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1011 W Avenue H12 Lancaster, CA 93534

  • Price: $1,090,000
  • Status: Active
  • On Site: 81 Days
  • Updated: 66 min ago
  • ID#: PW25275766
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1981
Built
Neighborhood:
LAC - Lancaster
County:
Los Angeles
Area:
LAC - Lancaster
Property Description
Well-maintained 4-unit apartment building on a corner lot, built in 1981. The property consists of four 2-bedroom units: three townhouse-style units with 2 beds/1.5 baths and one single-level flat unit with 2 beds/1 bath. All units feature central A/C replaced approximately 7 years ago. Each unit includes a one-car garage with remote door plus one additional assigned parking space. A fifth garage is currently used by the owner for storage, along with an additional on-site storage room. On-site laundry facility provides additional income. All tenants are Housing Authority assisted, with approximately 75% of rents deposited directly to the owner on the 1st of each month. Tenants are quiet and the property is easy to manage. Annual owner expenses are approximately: common area electricity $360, insurance $3,500, trash $1,800, and water/sewer $1,200. Drive-by only. Showings with accepted offer. Do not disturb tenants.
Exterior Features

Architectural Style BungalowCape Cod Entry Level 1 Entry Location 1 Fencing Wood Number Of Separate Electric Meters 5 Parking Total 5 Property Attached YN Yes Roof Shingle

Interior Features

Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street LightsSidewalks Electric Expense 360 Fuel Expense 0 Garage YN Yes Gross Income 89736 Gross Scheduled Income 89736 Insurance Expense 3500 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 ExchangeSubmit Net Operating Income 85776 New Construction YN No Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Operating Expense 7460 Pest Control Expense 600 Possession Close Of Escrow Property Sub Type Deeded Parking Rent Control YN No Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 1800 Water Sewer Expense 1200



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-06T17:34:26.86. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Adrian Villalobos of The Realty Co (562-269-3838)