Lancaster, CA 93534 44442 Beech AVE
$700,000
Presented By: Jason Hurst with EGL Properties Incorporated
Home Details
12.29% GROSS RENT INCOME PROPERTY!!!!!! UPDATE 1 SEPT 24 rent increase: to $7171 a month or $86,052 a YEAR: Garage can be converted to 1 br or 2br unit, so still has upside. Low risk tenant, 3 VASH or SEC 8 Most rent( 90%) paid by GOVERNMENT. THERE IS LIKE VERY LITTLE RENTAL RISK ON THIS PROPERTY. Your $700,000 to make $86,052 a year is a smoking deal. High Cash Flow and Upside to add 1 more unit.
Presented By: Jason Hurst with EGL Properties Incorporated
Interior Features for 44442 Beech AVE
Bedrooms
Total Bedrooms4
Bathrooms
1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths2
Other Interior Features
Air Conditioning Y/NYes
Heating Y/NYes
Total Stories1
General for 44442 Beech AVE
Cap Rate8.57
CityLancaster
CoolingEvaporative Cooling
CountyLos Angeles
Days on Market741
DirectionsOn corner of Beech and Pilsbury Lancaster CA
Gross Income83892
HOA / Comm AssnNo
HeatingBaseboard
LevelsOne
Lot Size Square Feet8852
Lot Size UnitsSquare Feet
MLS AreaLAC - Lancaster
Net Operating Income70400
New ConstructionNo
NumberOfUnitsTotal3
Property TypeResidential Income
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories1
Year Built1941
ZoningLRR2*
Exterior for 44442 Beech AVE
Building Area Total2041
Lot Size Acres0.2032
Lot Size Area8852
Lot Size SourceAssessor
Number of Buildings3
Parking FeaturesNone
Total Parking2
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480