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44606 Date Ave Ave

Lancaster, CA 93534
  • $650,000
  • STATUS: Active
  • ON SITE: 98 Days
  • MLS #: 22-126929
UPDATED: 39 min ago
$650,000
  • 5
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,800
    SQFT
  • $361
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1928
County:
Area:

School Ratings & Info

Description

GOT PLANS for GARAGE to a 2br unit, Add in $1800 a month and total INCOME OVER $80,000 a YEAR for a $650,000 Property is SUPER high CASH FLOW. Over $60,000 a year Gross income for a $650,000 Property, That is almost a 10% GROSS, which is very difficult to find in Antelope Valley these days. On top of that, all rents, except $49, are paid by PATH/VALLEY Oasis, so Rent is paid on time and no risk of missed rents. Also there is a Garage that we planned to convert to a 2br, so there is upside on this property that is already blowing away all others in the AV. Don't miss this, as it is a great investment if you want to make nice cash flow.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-21T19:43:08.653. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/125627749
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44606 Date Ave Ave Lancaster, CA 93534

  • Price: $650,000
  • Status: Active
  • On Site: 98 Days
  • Updated: 39 min ago
  • MLS #: 22-126929
5
Beds
0
Baths
0
½ Baths
0.18
Acres
1,800
SQFT
$361
$/SQFT
1928
Built
Neighborhood:
Lancaster
County:
Los Angeles
Area:
Lancaster
Property Description
GOT PLANS for GARAGE to a 2br unit, Add in $1800 a month and total INCOME OVER $80,000 a YEAR for a $650,000 Property is SUPER high CASH FLOW. Over $60,000 a year Gross income for a $650,000 Property, That is almost a 10% GROSS, which is very difficult to find in Antelope Valley these days. On top of that, all rents, except $49, are paid by PATH/VALLEY Oasis, so Rent is paid on time and no risk of missed rents. Also there is a Garage that we planned to convert to a 2br, so there is upside on this property that is already blowing away all others in the AV. Don't miss this, as it is a great investment if you want to make nice cash flow.
Exterior Features

Lot Size Area 7807 Other Structures Other Parking Garage Driveway - Combination Total Parking 0

Interior Features

Baths Total 2.00 Cooling Swamp Cooler(S) Equipment Alarm SystemDishwasher Heating Wall

Property Features

Assessed Total Value 188894 Gross Income 60840 Gross Operating Income 60840 Like Units1 6 Net Operating Income 50040.00 Number Of Buildings 2 Number Of Units 2 Sale Type Standard Source Living Area Builder Source Lot Size Area Vendor Enhanced Total Annual Expense 10800 Type Of Units Rental Units Year Built Source Vendor Enhanced Zoning Lrr2*

Listing provided courtesy of Jason Hurst DRE#02067523 of Egl Properties Incorporated.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-21T19:43:08.653. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The John Jay Group - Bennion Deville Homes
74996 Highway 111
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