$700,001
44442 BEECH Avenue Lancaster, CA 93534
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$700,001
Est. payment /mo
5 BD
2,041 SqFt
Active
44442 BEECH Avenue Lancaster, CA 93534
UPDATED:
10/03/2024 07:29 PM
Key Details
Property Type Other Types
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,041 sqft
Price per Sqft $342
MLS Listing ID CL22129453
Bedrooms 5
HOA Y/N No
Year Built 1941
Lot Size 8,852 Sqft
Acres 0.2
Property Description
12.29% GROSS RENT INCOME PROPERTY!!!!!! UPDATE 1 SEPT 24 rent increase: to $7171 a month or $86,052 a YEAR: Garage can be converted to 1 br or 2br unit, so still has upside. Low risk tenant, 3 VASH or SEC 8 Most rent( 90%) paid by GOVERNMENT. THERE IS LIKE VERY LITTLE RENTAL RISK ON THIS PROPERTY. Your $700,000 to make $86,052 a year is a smoking deal. High Cash Flow and Upside to add 1 more unit.
Location
State CA
County Los Angeles
Area Listing
Zoning LRR2
Interior
Heating Baseboard
Cooling Evaporative Cooling
Fireplace No
Exterior
Parking Type None
Total Parking Spaces 2
Building
New Construction No
Others
Tax ID 3134030015
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Jason Hurst • EGL Properties Incorporated
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