Lancaster, CA 93534 44606 Date Avenue
$625,000
16 more
Presented By: Jason Hurst with EGL Properties Incorporated;
Home Details
Been on the market for some time, BECAUSE current owner is happy to hold as making over $64,000 a year income. FYI Won't work with a tradition loan, as lenders probably won't appraise at value, as it is only a 2 unit property. Owner is selling for $625,000 on fact that this is over $64,000 a year income a 10% gross income property, and there is nothing out there in the market like this. This is a DIAMOND. If you depend on a loan, 80% to 90% it won't work, so this property is not for you. If you can put down like 50% cash, then can work or if a 100% cash buyer then of course. Again, if you want to make a good return on your cash then this property is for you. Also Upside to convert Garage to 2 br unit, we got approved plans, and also add a 4th unit, so lots of upside for the next investor, my seller just wants his price to make it worth wild to sell. Just being honest here.
Presented By: Jason Hurst with EGL Properties Incorporated;
Interior Features for 44606 Date Avenue
Bedrooms
Total Bedrooms5
Bathrooms
1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths2
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Street SuffixAvenue
Total Stories
General for 44606 Date Avenue
Additional Parcels Y/NNo
AppliancesDishwasher
Attached Garage No
Cap Rate7.21
Carport Y/NNo
CityLancaster
CoolingEvaporativeCooling
CountyLos Angeles
Days on Market470
DirectionsNear Corner of Date st
Garage Y/NNo
Gross Income64680.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet7807.0
MLS AreaLAC - Lancaster
MobileHomeRemainsYNNo
Net Operating Income54680.0
New ConstructionNo
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameDate
Total Units2
View Y/NNo
Waterfront Y/NNo
Year Built1928
ZoningLRR2*
Exterior for 44606 Date Avenue
Building Area Total1800.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1792
Lot Size Area7807.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesDriveway
SpaNo
Total Parking0.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480