1231 W Avenue H15, Lancaster, CA 93534 (MLS # OC25101014)

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PRICE $500,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 1,625 sqft
LOT SIZE 7,541 sqft

Excellent investment opportunity! This duplex generates a strong gross income of $51,708/year and offers two spacious units, each featuring 2 bedrooms, 1 full bathroom, and approximately 800 sq.ft. of living space. The front unit was updated with new vinyl plank flooring in 2021 and has been occupied by the same tenant for 4 years, while the back unit houses a long-term tenant. Both tenants are Section 8, ensuring on-time rent payments and stable income. The property also includes a 2-car garage, offering ADU potential or the opportunity for a garage conversion to increase rental income. Located in a high-demand rental area, this duplex offers consistent cash flow, strong tenant stability, and long-term upside. Perfect for any investor looking to secure a solid income-producing asset with built-in value-add options.

DAYS ON MARKET 3 LAST UPDATED 5/6/2025
YEAR BUILT 1954 COMMUNITY Lancaster
GARAGE SPACES 2.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR Heat Pump
AIR CONDITIONING Yes
AREA Lancaster
CONSTRUCTION Concrete, Drywall, Stucco, Wood Siding
GARAGE Driveway, Garage Faces Side, Yes
HEAT Heat Pump
HOA DUES 0
LOT 7542 sq ft
LOT DESCRIPTION 2-5 Units/Acre
PARKING Driveway,Garage Faces Side
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
STYLE Mid-Century Modern
UTILITIES Electricity Available,Sewer Connected,Water Available, Electric: Standard
VIEW DESCRIPTION None
WATER Public
ZONING LRR2*
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
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*Estimate only

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Listed with First Team Real Estate

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from CRMLS as of 5/9/25 4:36 AM PDT. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS. 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.

This IDX solution is (c) Diverse Solutions 2025.

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