Lancaster, CA 93534,44442 BEECH AVE
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$700,001
Est. payment /mo
4 Beds
2 Baths
2,041 SqFt
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UPDATED:

10/03/2024 05:35 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,041 sqft

Price per Sqft $342

MLS Listing ID 22129453

Bedrooms 4

HOA Y/N No

Year Built 1941

Lot Size 8,851 Sqft

Property Description

12.29% GROSS RENT INCOME PROPERTY!!!!!! UPDATE 1 SEPT 24 rent increase: to $7171 a month or $86,052 a YEAR: Garage can be converted to 1 br or 2br unit, so still has upside. Low risk tenant, 3 VASH or SEC 8 Most rent( 90%) paid by GOVERNMENT. THERE IS LIKE VERY LITTLE RENTAL RISK ON THIS PROPERTY. Your $700,000 to make $86,052 a year is a smoking deal. High Cash Flow and Upside to add 1 more unit.

Location

State CA

County Los Angeles

Area Lac - Lancaster

Zoning LRR2*

Interior

Heating Baseboard

Cooling Evaporative Cooling

Fireplace No

Exterior

Garage None

Parking Type None

Total Parking Spaces 2

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 3134030015

Special Listing Condition Standard


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California Regional MLS (CRMLS)
Listed by Jason Hurst • EGL Properties Incorporated