CA > Lancaster
Lancaster, CA 93534,44606 Date Ave
Lancaster, CA 93534,44606 Date Ave
Lancaster, CA 93534,44606 Date Ave
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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567
$625,000
Est. payment /mo
5 Beds
2 Baths
1,800 SqFt
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UPDATED:

01/03/2024 06:51 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $347

MLS Listing ID 22-201689

Bedrooms 5

Year Built 1928

Lot Size 7,807 Sqft

Acres 0.1792

Property 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.

Location

State CA

County Los Angeles

Area Lancaster

Zoning LRR2*

Rooms

Other Rooms Other

Interior

Heating Wall

Cooling Swamp Cooler(s)

Equipment Alarm System, Dishwasher

Exterior

Garage Driveway - Combination

Building

Level or Stories One

Others

Special Listing Condition Standard

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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by EGL Properties Incorporated

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Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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