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116 Nicobar , Lancaster, CA 93534
$279,000
Est. Payment: $1,447.67/mo
2 Bed
2 Bath
1300 Sqft
0.11 Acres
Status: active | Days on site: 1
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CR-SR0185402 - CR-SR150560654
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Chris Heller
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House Description

INVESTOR ALERT! RARE MULTI-PROPERTY INVESTMENT OPPORTUNITY IN LANCASTER! 116 Nicobar Street, Lancaster, CA 93534 ONE PURCHASE. MULTIPLE INCOME OPPORTUNITIES. UNLIMITED POTENTIAL! Attention investors, builders, and developers! Heres your chance to secure an exciting investment opportunity in Lancaster with a duplex that has been stripped down to its interior shell, offering the possibilty of Two bedrooms, one bathroom, living room and kitchen in each seperate unit. PLUS TWO ADDITIONAL LOTS INCLUDED IN THE SALE! 3138-027-003, 3138-027-004 Why settle for one income-producing property when you can invest in a property with the potential for multiple revenue streams? The existing duplex features approximately 1,300 square feet, two units, and separate living spaces, offering an opportunity to generate rental income while planning your next investment move. But the REAL VALUE lies in the expansion potential! Included in this unique offering are TWO ADDITIONAL LOTS, creating an exciting opportunity to explore the construction of additional residential income properties, subject to city approvals, zoning requirements, and permits. Imagine the possibilities: maintain the existing duplex as a rental investment while developing the additional lots to potentially expand your rental portfolio, increase cash flow, and build long-term equity. WHY INVESTORS WILL LOVE THIS OPPORTUNITY: Existing Duplex: Two residential units with rental income potential. Two Additional Lots Included: Valuable land offering potential for future residential development. Multiple Income Streams: Opportunity to
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Highlights

Listed by Erick Escobar , 661-998-0477 Beverly and Company , 805-870-8448. San Diego County Multiple Listing Service mls logo

Property Type

Condo/Townhome
Lot/Acreage
0.11

Year Built

1957

County

Los Angeles

Listing ID

SR26231266

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:N/K
Air Cond:N/K
Fireplaces:N/K
Water:Public

Exterior Features

Garage Capacity:0
Sewer:Unknown
Principal Interest
$1,448
Taxes
$178

Home Price

$279,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$55,800
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:
$1,447.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,447.67 $177.86 $0.00 $1,625.53
Yearly $17,372.05 $2,134.35 $0.00 $19,506.40
Total $521,161.54 $64,030.50 $0.00 $585,192.04

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

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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.

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Data last updated: 2026-11-07T19:36:16.000Z

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