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1575 W Avenue H8

Lancaster, CA 93534
  • $634,000
  • STATUS: Closed
  • ON SITE: 92 Days
  • MLS #: SR24254933
Sold - 04/22/2025
$634,000
SOLD - 04/22/2025
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1957
County:

School Ratings & Info

Listing Agent(s): Ali Farassati of HomeBased Realty (800-568-8922)


Description

Calling all Investors and First-Time Buyers! This is a fantastic investment opportunity that holds even more potential. You have the flexibility to either rent out both units or reside in one while renting out the other to help cover the mortgage costs. This property consists of two units, designated as A and B. Unit A consists of 4 bedroom, 2 full bathrooms (1,800 SF) with a huge storage room in the backyard. Unit B which is a brand new ADU approved in March 2025 consists of 2 bedroom and 2 full bathrooms (950 SF) with a huge storage room the backyard and private entrance. To add to the allure, both units have recently undergone a fresh interior paint job. The property also boasts a 4-car parking space, 2 designated per unit. Situated across from Desert View Elementary School and is located a few blocks from Freeway 14, In & Out Burger, Walmart and shopping centers. Its on a spacious and highly usable lot spanning 6,840 square feet, this property is a true gem. This is a low maintenance property for investors with 4-6 of rocks over thick plastic in all landscaped areas. Live in one unit and rent out the other unit.

Sold by Emily Lopez of Real Brokerage Technologies, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T11:29:40.097. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/159634567
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1575 W Avenue H8 Lancaster, CA 93534

  • Price: $649,000
  • Status: Closed
  • On Site: 92 Days
  • Updated: 55 min ago
  • MLS #: SR24254933
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1957
Built
Neighborhood:
LAC - Lancaster
County:
Los Angeles
Area:
LAC - Lancaster
Property Description
Calling all Investors and First-Time Buyers! This is a fantastic investment opportunity that holds even more potential. You have the flexibility to either rent out both units or reside in one while renting out the other to help cover the mortgage costs. This property consists of two units, designated as A and B. Unit A consists of 4 bedroom, 2 full bathrooms (1,800 SF) with a huge storage room in the backyard. Unit B which is a brand new ADU approved in March 2025 consists of 2 bedroom and 2 full bathrooms (950 SF) with a huge storage room the backyard and private entrance. To add to the allure, both units have recently undergone a fresh interior paint job. The property also boasts a 4-car parking space, 2 designated per unit. Situated across from Desert View Elementary School and is located a few blocks from Freeway 14, In & Out Burger, Walmart and shopping centers. Its on a spacious and highly usable lot spanning 6,840 square feet, this property is a true gem. This is a low maintenance property for investors with 4-6 of rocks over thick plastic in all landscaped areas. Live in one unit and rent out the other unit.
Exterior Features

Architectural Style Contemporary Construction Materials DrywallStuccoCopper Plumbing Direction Faces South Entry Level 1 Entry Location 1 Exterior Features Lighting Fencing BlockGood ConditionPrivacyStucco WallWood Foundation Details Slab Lot Features Back YardFront YardLevelNear Public TransitPavedRectangular Lot Number Of Separate Electric Meters 1 Open Parking Spaces 4 Other Structures Shed(s)Storage Parking Features AssignedConcreteDriveway LevelDrivewayOn SiteOff StreetPavedPrivate Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof ShingleSee Remarks Spa Features None Spa YN No View City Lights View YN Yes

Interior Features

Appliances DisposalRange HoodWater Heater Common Walls 1 Common Wall Cooling ElectricWall/Window Unit(s) Cooling YN Yes Fireplace Features Family RoomFree StandingWood Burning Fireplace YN Yes Flooring Tile Heating CentralNatural GasWall Furnace Heating YN Yes Interior Features Ceiling Fan(s)Ceramic CountersStorageAll Bedrooms DownBedroom on Main Level Window Features Double Pane WindowsScreens

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Buyer Financing Conventional Common Interest None Community Features BikingCurbsStorm Drain(s)Street LightsSidewalksUrban Current Financing None Disclosures Accessory Dwelling UnitListing Broker Advantage Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 62000 Gross Scheduled Income 72000 Insurance Expense 1200 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupIn KitchenLaundry Room Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 62000 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 10000 Possession Close Of Escrow Property Condition Updated/Remodeled Property Sub Type Single Family Residence Rent Control YN No Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All UtilitiesSee Remarks Trash Expense 450 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Water Sewer Expense 0 Water Source Public Zoning LRRA6000*



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T11:29:40.097. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Ali Farassati of HomeBased Realty (800-568-8922)