Deal numbers
- Est. cap rate
- 5.1%
- Assumed rent, all units
- $8,920/mo
- Units
- 4
- Price per unit
- $260,000
- Est. annual NOI
- $53,520
- Expense assumption
- 50%
Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.
Run your own numbers
Adjust the assumptions to see cash flow and cash on cash return.
- Effective gross income
- $101,688
- Operating expenses
- $50,844
- Net operating income
- $50,844
- Annual debt service
- $62,272
- Annual cash flow
- -$11,428
- Cash on cash return
- -4.4%
- Down payment
- $260,000
Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.
Property details
- Type
- Quadruplex
- Bedrooms
- 8
- Bathrooms
- 7
- Building size
- 3,940 sqft
- Lot size
- 7,637 sqft
- Year built
- 1981
- Stories
- 2
- Garage spaces
- 5
- Style
- See Remarks
- Cooling
- Central Air
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 138
- MLS #
- 242994907
About this property
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 you’re 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 Lancaster’s established rental markets. Buyer to independently verify all rental income, expenses, leases, and property information.
Location
1011 W Avenue H12
Lancaster, Los Angeles, CA, 93534