Lancaster, CA 93536,4024 W Avenue L
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Lancaster, CA 93536,4024 W Avenue L
Lancaster, CA 93536,4024 W Avenue L
Lancaster, CA 93536,4024 W Avenue L
Lancaster, CA 93536,4024 W Avenue L

$675,000

Est. payment /mo

$675,000

Est.Price: ?

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4024 W Avenue L Lancaster, CA 93536

3 Beds

0.47 Acres Lot

SOLD DATE : 10/01/2025

Key Details

Sold Price $675,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID IG25170390

Sold Date 10/01/25

Bedrooms 3

Lot Size 0.471 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Fantastic opportunity to own a well-maintained 4-unit income-producing property on a generous 0.5-acre lot in the heart of Lancaster. The property features a desirable unit mix, consisting of one spacious 2-bedroom, 1.5-bathroom unit and three 1-bedroom, 1-bathroom unitsperfect for steady rental income and long-term tenant stability. Recent upgrades include a brand-new roof (2024) and updated main line plumbing upgrades, significantly reducing future maintenance expenses and adding long-term value. Each unit is separately metered for electricity and gas, offering added efficiency and control for both tenants and owner. Centrally located near major shopping centers, schools, public transit, and parks, the property provides convenience and appeal to prospective renters. The expansive half-acre lot also presents potential for additional amenities, expanded parking, or possible future development with R-3 zoning (buyer to verify with city). With its strong fundamentals, recent improvements, and excellent location, this turnkey asset is a solid investment opportunity for both seasoned investors and those entering the multifamily space.

Location

State CA

County Los Angeles

Zoning Assessor

Direction 40th St West and Ave L

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 3103024018

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MLS Router / San Diego MLS
Listed by Joseph Trujillo EXP REALTY OF CALIFORNIA INC.
Bought with Johnny Dudzik Real Estate eBroker, Inc.
Glen Henderson

Glen Henderson

Broker Associate | License ID: 01384181

+1(619) 500-3222

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