45110 ElmLancaster, CA 93534

Description

This thoughtfully designed and well-maintained four unit property offers exceptional versatility and strong income potential. The front unit is a spacious, upgraded vacant 2 bedroom, 1 bath residence that lives like a single-family home perfect for owner occupancy or commanding top market rent. Attached to the front is a private studio with its own separate entrance, providing added rental flexibility. The property also features 2 more studios well proportioned with own private bath, appealing to a broad tenant base. Each unit is separately metered for gas and electric, ensuring efficient operations and ease of management. Tenants benefit from two covered alley-access parking spaces, while a detached two-car garage with individual single doors offers additional parking, storage, or potential value-add opportunities. Pride of ownership throughout, this property is ideally suited for investors seeking strong and reliable cash flow, long-term appreciation, and a high quality multifamily asset in a solid rental market.

Property Information

Property type

Residential Income

Sub-type

Triplex

Style

Traditional

Year built

1949

Stories

1

Building area

1,697 Sq Ft

Lot size

0.20 acres

Garage spaces

2

Parking spaces

4

Zoning

LRR2*

Days on market

84

MLS^® Listing#

SR26161196

Property Features

Appliances

Electric Range · Gas Range · Water Heater

Heating

Central

Flooring

Carpet · Laminate · Vinyl

Fireplace

Kitchen · Living Room

Pool

None

Parking

Covered · Carport

Laundry

Laundry Closet · Laundry Room

Lot features

Back Yard · Front Yard · Level · Rectangular Lot

Roof

Shingle

Community

Curbs · Street Lights · Sidewalks

Utilities

Cable Available · Electricity Connected · Natural Gas Connected · Sewer Connected · Water Connected

Sewer

Public Sewer

Water source

Public

Parcel number

3134001011

Directions

10th to Jackman and Elm