🏡LANCASTER, CA – 2 Houses, One Lot 🚀 **HOT Cash Flowing Rental Opportunity!**

$749,900 • 6 Beds / 3 Baths • 3,280 SqFt
Offer Submission Deadline
  • 2-4 Unit
  • 6
  • 3
  • 1995
  • 3280
  • Attached Garage

Description

🏡LANCASTER, CA - 2 Houses, One Lot 🚀

**HOT Cash Flowing Rental Opportunity!**

 

CALL US TO WALK IT NOW!!!

ASKING: $729,900


CLICK FOR PHOTOS AND VIDEOS!


📍 Prime Location: Lancaster, CA

💰 100% Occupied | Immediate Rental Income

🔥 Under Market Rents with Huge Upside Potential!


 🏠 PROPERTY DETAILS:

📍 City: Lancaster, CA 93534

🏡 Property Type: 2 Single Family Houses

🛏️ Bedrooms Total: 6

🛁 Bathrooms Total: 3

📏 Square Footage Total: 3280 SqFt

❤️ Lot Size: 0.23 Acre Lot

👀 Year Built: 1954 & 1995

🔥Occupancy: 100% Occupied


💵 Total Rents: $3579 per month!!💵


🏠 UNIT BREAKDOWN:

🏡 Unit 1 – 3 Bed | 1 Bath

✔ Rehabbed in 2021

✔ Currently rented at $1,623/mo (market rent: $2,500/mo)



🏡 Unit 2 – 3 Bed | 2 Bath | 2-Car Attached Garage

✔ Renovated in 2021 – All New Mechanicals

✔ Long-term tenant of 12 years – Currently rented at $1,956/mo (market rent: $2,900–$3,500/mo)



💵 CURRENT INCOME & UPSIDE:


🔹 TOTAL CURRENT RENTS: $3,579/mo ($42,948/yr)Both units are rented below market!

🔹 MARKET RENT POTENTIAL: $6,000+/mo ($72,000+/yr) – Immediate cash flow increase!

🔹 Detached Garage ADU Potential – Push rental income even higher!


🔹Complex is powered by Solar with upgraded Panels and Separate Meters - System is owned Free & Clear and Transfers to New Owners!



💡 WHY INVEST IN THIS PROPERTY?

✅ 100% Occupied – Instant Cash Flow from Day 1

✅ Under-Market Rents – Huge Upside Potential

✅ Growing Lancaster Rental Market – High Demand for Housing

✅ Multiple Exit Strategies – Buy & Hold, ADU Conversion, Future Development


🏆 DON’T MISS OUT ON THIS HIGH-CASH-FLOW DEAL!


CLICK FOR PHOTOS AND VIDEOS!


📞 Contact us today for more details!

📞JAMIE @ 409.498.5636📞

📞SHAWN @ 267.817.4090📞



1. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY: Any estimates, information provided, or photographs/video showing the condition of the property are for your convenience only. Any information regarding specifications, characteristics, or condition of this property, neighborhood, or investment strategy (including, but not limited to, estimated rehab costs, as-is property square footage measurements, or proposed expansion through construction) is an unverified assumption of the company or its affiliates based on limited information and must be verified independently for accuracy. Company and its affiliates assume no liability whatsoever for the accuracy of any estimates, information, or photo/video provided. Buyer is required to conduct their own due diligence.

2. NO UNACCOMPANIED ENTRY OF PROPERTY: Broker and its affiliates do not give you authority, express or implied, to enter or access this property unaccompanied. Access to the property may only be obtained through scheduling a property inspection with Company.

3. NON-REPRESENTATION: Company and their affiliates DO NOT represent you.

4. You may not copy, store, distribute, display, modify, create derivative works, sell, or transmit any part of this content without prior written permission of Company.

5. Please Note: Cash or hard money required for closing

Buyers pay all closing costs.

We are not a licensed contractor or appraiser.

This is an assignable purchase agreement that allows us to purchase the property listed below, not the property itself. If you are interested in this assignable purchase agreement, please contact us.

Estimated Spread

  • ARV $1,150,000
  • Price $729,900
  • Spread $420,100