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$ 625,000
Est. payment /mo
Active
44606 Date Avenue Lancaster, CA 93534
6 Beds
1,800 SqFt
UPDATED:
01/16/2025 04:05 PM
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $347
MLS Listing ID CL22201689
Bedrooms 6
HOA Y/N No
Year Built 1928
Lot Size 7,807 Sqft
Acres 0.18
Property Sub-Type OTHER
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
Zoning LRR2
Interior
Heating Wall Furnace
Cooling Evaporative Cooling
Fireplace No
Building
New Construction No
Others
Tax ID 3134023022
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Listed by Jason Hurst • EGL Properties Incorporated