44921 Trevor, Lancaster, CA 93534
- $1,690,000
- List Price
- $1,690,000
- Status
- ACTIVE
- MLS#
- SR25269575
- Year Built
- 1951
- Lot Size
- 11,057
- Acres
- 0.25
- Lot Location
- No Landscaping
- Days on Market
- 183
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property Description
Presenting an exceptional 10-unit multifamily investment property in Lancaster, offering a cap rate of over 7.5% and strong, government-backed Section-8 income for highly stable and reliable cash flow. The property features eight well-maintained 1-bedroom/1-bath units along with two newly constructed, fully permitted ADUs that significantly enhance rental income and overall value. Each unit is separately metered for electricity and gas, supporting efficient operations with low overhead. Additional amenities include shared laundry facilities and 10 open parking spaces. Conveniently located near local amenities, public transportation, and major employment centers, this turnkey asset is positioned in a high-demand rental market with consistent occupancy. An excellent opportunity for investors seeking a secure, income-producing property with strong fundamentals and long-term growth potential.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 10
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 10
- Gross Scheduled Income
- $160,772
- Operating Expense
- 40263
Listing courtesy of Listing Agent: Rana Khanjani (rana@syncbrokerage.com) from Listing Office: Sync Brokerage.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.