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$ 579,990
Est. payment /mo
New
44636 Cedar Avenue Lancaster, CA 93534
5 Beds
3 Baths
2,420 SqFt
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 2,420 sqft
Price per Sqft $239
MLS Listing ID SR26154287
Bedrooms 5
Full Baths 2
Half Baths 1
Year Built 1919
Lot Size 10,454 Sqft
Property Sub-Type Townhome
Property Description
Exceptional investment opportunity in the heart of Lancaster! 44636-44640 Cedar Ave is a well-maintained duplex offering immediate income potential, strong rental demand, and future value-add opportunities. With two separate units on one lot, this property is ideal for investors looking to expand their portfolio or owner-occupants seeking to offset their mortgage with rental income. Unit 44636 is a fully renovated 2-bedroom, 1-bathroom residence offering approximately 908 sqft of living space, garage is 486 sqft. Recent improvements include a new roof, new windows, new carpet and flooring throughout, updated lighting fixtures, granite countertops, new cabinetry, and a completely rebuilt garage. Currently vacant, this move-in-ready unit presents an excellent opportunity to secure a tenant at current market rents or occupy the unit yourself. Unit 44640 features 3 bedrooms, 1 bathroom, and approximately 1,512 sqft of living space, garage is 726 sqft. The unit is currently leased to a long-term tenant on a month-to-month basis, generating providing stable and consistent rental income from day one. Further enchanting the property's appeal are the detached garages, which may offer potential for ADU (Accessory Dwelling Unit) conversion. Whether you're seeking dependable cash flow, an owner-occupant opportunity, or a property with long-term upside, this versatile duplex combines recent upgrades, existing rental income, and future development potential in a desirable Lancaster location.
Location
State CA
County Los Angeles
Direction W Ave J & Sierra Hwy
Interior
Heating Wall/Gravity
Cooling Wall/Window
Flooring Carpet
Fireplace No
Exterior
Parking Features Garage
Garage Spaces 1.0
View Y/N Yes
Water Access Desc Public
View Neighborhood
Roof Type Shingle
Total Parking Spaces 1
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Senior Community No
Tax ID 3134022015
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Esperanza Marroquin, DRE#01385504 Marro Real Estate, Inc.