FOR SALE
$625,000

44606 Date Avenue
Lancaster, CA 93534

Multi-Family
Residential
6
Beds
1,800
Sq. Ft.
0.18
Acre Lot
Courtesy: Jason Hurst - EGL Properties Incorporated; Email: [email protected]
Agent Websites> California> Lancaster> 93534
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.
CL22201689
Multi-Family, Other
6
Los Angeles
1928
0.18 Acres
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Jason Hurst - EGL Properties Incorporated; Email: [email protected]

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