
Deal numbers
- Est. cap rate
- 6.5%
- Assumed rent, all units
- $3,260/mo
- Units
- 2
- Price per unit
- $149,950
- Est. annual NOI
- $19,560
- 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
- $37,164
- Operating expenses
- $18,582
- Net operating income
- $18,582
- Annual debt service
- $17,957
- Annual cash flow
- $625
- Cash on cash return
- 0.8%
- Down payment
- $74,975
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
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Building size
- 1,012 sqft
- Lot size
- 49,604 sqft
- Year built
- 1951
- Stories
- 1
- Garage spaces
- 2
- Style
- Bungalow
- Heating
- Central
- Cooling
- Ductless
- Pool
- None
- View
- Desert,Trees/Woods,City Lights,Neighborhood
- Status
- Active
- Days on market
- 6
- MLS #
- 248675052
About this property
TWO BEAUTIFULLY RENOVATED UNITS. OVER AN ACRE TO CALL YOUR OWN. ONE INCREDIBLE OPPORTUNITY! Imagine the freedom of owning a move-in-ready home with room to spread out, privacy to enjoy, and the potential to generate rental income—all in one incredible property! Welcome to this beautifully updated Lancaster duplex, where modern comfort meets endless possibilities. From the moment you arrive, the expansive lot, concrete driveway, and brand-new garage doors create an inviting first impression. Step inside and discover two separate, attached residences, each offering 1 bedroom and 1 bathroom, with approximately 1,012 square feet of combined living space. Both units have been thoughtfully renovated with beautiful kitchens, remodeled bathrooms, stylish flooring, dual-pane windows, and energy-efficient mini-split heating and cooling systems. Fresh, functional, and move-in ready, everything is designed for comfortable everyday living. Step outside, and the possibilities become even more exciting! With over an acre of land, enjoy the space, privacy, and flexibility to create your ideal outdoor retreat, entertain, or explore future improvements and additional units, subject to zoning and city approvals. Imagine living in one unit while renting out the other to help offset your mortgage, having separate living quarters for loved ones, or renting out both units for potential income. Whether you’re purchasing your first home, seeking a property with more freedom and flexibility, or expanding your investment portfolio, this turnkey duplex offers a unique opportunity to enjoy homeownership today while building possibilities for tomorrow.
Location
13841 E Avenue G8
Lancaster, Los Angeles, CA, 93535