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44442 Beech Ave

Lancaster, CA 93534
  • $700,000
  • STATUS: Active
  • ON SITE: 180 Days
  • ID#: 22-129453
UPDATED: 46 min ago
$700,000
  • 4
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,041
    SQFT
  • $343
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1941
County:
Area:

School Ratings & Info

Description

No other Properties out there making this much income for the price (well except our Date property that is also for sale) Almost no TENANT RISK, ALL UNITS are ORG or GOV Subsidized. Unit 1 and 3 are via PATH/VALLEY Oasis, units are contracted from the ORG, who pays all rent. Unit 2 is a VASH Veteran via the LA County Housing office, most rent paid by GOVERNMENT. This is a VERY HIGH CASH flow building, with stable income. 3 units making over $64,000 a year income.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-08-19T15:43:40.89. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.trulinerealty.com/homes/125981804
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44442 Beech Ave Lancaster, CA 93534

  • Price: $700,000
  • Status: Active
  • On Site: 180 Days
  • Updated: 46 min ago
  • ID#: 22-129453
4
Beds
0
Baths
0
½ Baths
0.2
Acres
2,041
SQFT
$343
$/SQFT
1941
Built
Neighborhood:
Lancaster
County:
Los Angeles
Area:
Lancaster
Property Description
No other Properties out there making this much income for the price (well except our Date property that is also for sale) Almost no TENANT RISK, ALL UNITS are ORG or GOV Subsidized. Unit 1 and 3 are via PATH/VALLEY Oasis, units are contracted from the ORG, who pays all rent. Unit 2 is a VASH Veteran via the LA County Housing office, most rent paid by GOVERNMENT. This is a VERY HIGH CASH flow building, with stable income. 3 units making over $64,000 a year income.
Exterior Features

Lot Size Area 8852 Other Structures Other Parking Garage None Total Parking 2

Interior Features

Baths Total 2.00 Cooling Evaporative Equipment None Heating Baseboard

Property Features

Assessed Total Value 139239 Gross Income 64800 Gross Operating Income 64800 Like Units1 444 Like Units2 522 Like Units3 520 Net Operating Income 60000.00 Number Of Buildings 3 Number Of Units 3 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 4800 Type Of Units Multi Unit Year Built Source Vendor Enhanced Zoning Lrr2*

Listing provided courtesy of Jason Hurst DRE#02067523 of Egl Properties Incorporated: 310-481-0922.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-08-19T15:43:40.89. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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TruLine Realty
2999 Overland Ave., Suite 116
Los Angeles CA, 90064