44442 BEECH AVENUE
Lancaster, CA 93534
2041 sqft | 4 beds | 0.20 acres | #22129453
Description
+12.29% GROSS RENT INCOME PROPERTY!!!!!! UPDATE 1 SEPT 24 rent increase: to $7171 a month or $86,052 a YEAR: Price is solid $700,000 as making over $83,000 a year rent: 2 Sec 8 VASH units and 1 PATH unit, most rent paid from LA COUNTY and org. Garage can be converted to 1 br or 2br unit, so still has upside. Do your inspections so you know building in sound, check out leases, when 100% sure you want to buy this property, then we open escrow for a 10 to 15 day close so your $700,000 can make $83,892 a rental income a year = +11.98% Low risk tenant, High Cash Flow and Upside to add 1 more unit. What more do you want?
Interior Details
- Bedrooms4
Property Details
- Stories1
Measurements
- Acres0.2032
- Square Feet2041
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1941
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$700,000
Other
- MLS #22129453
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Jason Hurst (#CLW-C130620)
Listing Office: EGL Properties Incorporated (#CLW-L02503)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
