CA > Lancaster
Lancaster, CA 93534,44606 Date AVE
Lancaster, CA 93534,44606 Date AVE
Lancaster, CA 93534,44606 Date AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$625,000
Est. payment /mo
5 Beds
2 Baths
1,800 SqFt
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UPDATED:

09/30/2024 06:44 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $347

MLS Listing ID 22201689

Bedrooms 5

HOA Y/N No

Year Built 1928

Lot Size 7,805 Sqft

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 Lac - Lancaster

Zoning LRR2*

Interior

Heating Wall Furnace

Cooling Evaporative Cooling

Fireplace No

Appliance Dishwasher

Exterior

Garage Driveway

Building

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 3134023022

Special Listing Condition Standard

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

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