212 W Kildare St , Lancaster, CA 93534
$989,000
Est. Payment: $4,976.49/mo
9 Bed
5 Bath
3252 Sqft
Status: active | Days on site: 15
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House Description

Rare income producing opportunity in Lancaster! Welcome to 210/212/214/216 W Kildare St, a fully permitted 3 unit property with an JrADU, offering a total of 4 rental units with strong in place income and an estimated cap rate just above 10% at the current list price. This R3 zoned property is the type of cash flowing asset that is extremely hard to find in today’s market. The property features four separate electrical meters, four separate gas meters, shared water, and one unit with fully paid solar. All tenants have lease agreements in place, providing immediate rental income from day one. Unit 212 is the main residence, offering 3 bedrooms, 2 bathrooms, approximately 1,409 sq ft, remodeled in 2019, and equipped with central heat and AC. Unit 210 is a 2 bedroom, 1 bath unit completed in 2024 and features a multi-zone split system. Units 214 and 216 are brand new 2025 construction, each offering 2 bedrooms and 1 bathroom with fire sprinklers installed and tankless water heaters. Unit 214 features independent mini-split systems, and Unit 216 features independent mini-split systems plus paid solar. Three out of the four units include split systems in every bedroom, with a combination of independent and multi-zone configurations for added comfort and efficiency. Select units also feature recessed lighting, laminate flooring, updated finishes, and may include furniture, making this an attractive turnkey opportunity for investors. With a rare combination of permitted improvements, updated units, newer construction, separate utility meters, paid solar, efficient HVAC systems, and strong documented rental income, this property is ideal for investors seeking cash flow, long term appreciation, and a low maintenance multifamily asset. City records and invoices are available to support the permitted work. Conveniently located near shopping, schools, public transportation, and major commuter routes, this is a turnkey multifamily opportunity in the heart of Lancaster. Do not miss the chance to own a rare 4 unit income property with current market rents, documented leases, and exceptional cash flow potential.

Highlights

Listed by Adela Salais , 310-600-7794 and Moises Salais , 818-430-2878 Dream Big Realty , 818-430-2878. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.21

Year Built

1942

County

Los Angeles

Area

LAC - Lancaster

Listing ID

SR26146946

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:9
  • Bathrooms:5
  • Full Bathrooms:
Appliances:Convection Oven, Disposal, Microwave, Tankless Water Heater, Water Heater, Dryer, Washer
Air Cond:Central Air,Wall/Window Unit(s)
Fireplaces:
Floor:Laminate
Other:Ceiling Fan(s),Laminate Counters,Recessed Lighting,All Bedrooms Down
Other:Public

Exterior Features

Lot:2-5 Units/Acre,No Land Lease
Garage Capacity:4
Roof:Shingle
Others:2+ Total Units
Sewer:Public Sewer
Parking Features:Assigned,Concrete,Private,One Space,Side By Side,Uncovered
Principal Interest
$4,976
Taxes
$630

Home Price

$989,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$197,800
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:
$4,976.49

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,976.49 $630.49 $0.00 $5,606.98
Yearly $59,717.90 $7,565.85 $0.00 $67,283.75
Total $1,791,536.99 $226,975.50 $0.00 $2,018,512.49

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.

Based on information from California Regional Multiple Listing Service, Inc. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-09T00:36:01.000Z

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