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44756 2nd St E
Lancaster, CA 93535
Multifamily Property For Sale
·
5 Units
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 4,944 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1979 |
| Building Class | C | Parking Ratio | 2/1,000 SF |
| Zoning | R3, Lancaster | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,944 SF |
| No. Stories | 2 |
| Year Built | 1979 |
| Parking Ratio | 2/1,000 SF |
| Zoning | R3, Lancaster |
ABOUT 44756 2ND ST E , LANCASTER, CA 93535
5 Unit | Lancaster | Value Add | High Cashflow Marcus & Millichap is pleased to present 44756 2nd Street East, located in Lancaster, CA. This 5-unit apartment building was constructed in 1979 and is non-rent control. All of the units are large 2 bedroom 1 bath units, equipped with washer and dryer hookups. There is more than ample garage parking, which may also have storage potential. The property boasts over a 10% cash-on-cash return and only requires a maximum down payment of $106,250 at a 75% loan-to-value. This is a great opportunity for a first time investor to buy in Los Angeles for cash flow! The property is also directly across the street from Antelope Valley High School. Please note, there is a non-conforming bachelor unit. Near the corner of 2nd Street and E. Lancaster Blvd.
PROPERTY TAXES
| Parcel Number | 3142-012-019 | Improvements Assessment | $426,683 |
| Land Assessment | $108,091 | Total Assessment | $534,774 |
PROPERTY TAXES
