1011 W Avenue H12 , Lancaster, CA 93534
$1,090,000
Est. Payment: $5,484.71/mo
8 Bed
7 Bath
3940 Sqft
Status: active | Days on site: 69
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House Description

4-Unit Multifamily | On Time Income | Tenants | Turnkey Value-Add Exceptional 4-unit investment opportunity in the heart of Lancaster. This well-maintained multifamily property consists of four 2-bedroom, 1-bath units and offers strong, stable income with a proven rental history. Three of the four units have been occupied by long-term tenants for over 10 years, reflecting tenant satisfaction and consistent occupancy. Located in a growing area of the Antelope Valley with convenient access to shopping, schools, employment centers, and major commuter routes. The property currently generates substantial rental income and presents an attractive opportunity for investors seeking immediate cash flow and long-term appreciation potential. Approximately $7,478/month in gross rental income. Whether youre looking to expand your portfolio, complete a 1031 exchange, or acquire a performing multifamily asset, this property offers a rare combination of stability, income, and future upside in one of Lancasters established rental markets. Buyer to independently verify all rental income, expenses, leases, and property information.

Highlights

Listed by Charly Daoud , 661-916-4450 and Wendy Salazar , 661-418-8560 eXp Realty of Greater Los Angeles, Inc. , 888-584-9427. San Diego County Multiple Listing Service mls logo

Property Type

Condo/Townhome

Lot/Acreage
0.18

Year Built

1981

County

Los Angeles

Listing ID

SR26122376

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:7
  • Full Bathrooms:7
Air Cond:Central Forced Air
Fireplaces:N/K
Other:Public

Exterior Features

Garage Capacity:5
Roof:Shingle
Sewer:Public Sewer
Principal Interest
$5,485
Taxes
$695

Home Price

$1,090,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$218,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,484.71

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,484.71 $694.88 $0.00 $6,179.58
Yearly $65,816.49 $8,338.50 $0.00 $74,154.99
Total $1,974,494.76 $250,155.00 $0.00 $2,224,649.76

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Lancaster, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS.

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Data last updated: 2026-08-09T00:22:00.000Z

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