This thoughtfully designed and well-maintained four unit property offers exceptional versatility and strong income potential. The front unit is a spacious, upgraded vacant 2 bedroom, 1 bath residence that lives like a single-family home perfect for owner occupancy or commanding top market rent. Attached to the front is a private studio with its own separate entrance, providing added rental flexibility. The property also features 2 more studios well proportioned with own private bath, appealing to a broad tenant base. Each unit is separately metered for gas and electric, ensuring efficient operations and ease of management. Tenants benefit from two covered alley-access parking spaces, while a detached two-car garage with individual single doors offers additional parking, storage, or potential value-add opportunities. Pride of ownership throughout, this property is ideally suited for investors seeking strong and reliable cash flow, long-term appreciation, and a high quality multifamily asset in a solid rental market.
| MLS # | 26005830 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Year | 1949 |
| Days On Site | 77 |
| Listing Provided By | LPT Realty | George Kpachavi |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 1,697 |
| Units | 4 |
| Acreage | 0.20 |
| Roof | Composition |
|---|---|
| Construction Materials | Frame, Stucco |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Lancaster |
| Zip Code | 93534 |
| Area | Los Angeles |
| Listing VS Median (in 93534) | |
Price: $639,000 low | high Med: $79,900 sqft: 1,697 low | high Med: 4,000 $ / sqft: $377 low | high Med: $20 On site: 77 low | high Med: 63 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Lancaster |
| Zip Code | 93534 |
| Area | Los Angeles |
| Listing VS Median (in 93534) | |
Price: $639,000 low | high Med: $79,900 sqft: 1,697 low | high Med: 4,000 $ / sqft: $377 low | high Med: $20 On site: 77 low | high Med: 63 | |
![]() | $624,00045110 ElmLancaster, CA 93534 |