1231 W Avenue H15
Lancaster, CA 93534
- – beds
- – baths
- – sqft
- 7,542 sqft lot
- 1954 build
- – on site
Excellent investment opportunity! This duplex generates a strong gross income of $51,708/year and offers two spacious units, each featuring 2 bedrooms, 1 full bathroom, and approximately 800 sq.ft. of living space. The front unit was updated with new vinyl plank flooring in 2021 and has been occupied by the same tenant for 4 years, while the back unit houses a long-term tenant. Both tenants are Section 8, ensuring on-time rent payments and stable income. The property also includes a 2-car garage, offering ADU potential or the opportunity for a garage conversion to increase rental income. Located in a high-demand rental area, this duplex offers consistent cash flow, strong tenant stability, and long-term upside. Perfect for any investor looking to secure a solid income-producing asset with built-in value-add options.
Last checked:
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Last updated May 7, 2025
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MLS# OC25101014 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1954
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Year Built Source:Public Records
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New Construction:No
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Construction Materials:Concrete, Drywall Walls, Stucco, Wood Siding
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Building Area Total:1625.00
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Building Area Units:Square Feet
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Total Number Of Units:2
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# of Buildings:1
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Architectural Style:Mid Century Modern
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Roof:Tar/Gravel
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Foundation:Slab
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Stories Total:1
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Entry Level:1
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Common Walls:1 Common Wall
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Faces:South
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# of Separate Gas Meters:2
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# of Separate Water Meters:1
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# of Separate Electric Meters:2
Interior
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Levels:One
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Entry Location:1
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Flooring:Carpet, Vinyl
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Room Type:Kitchen, Living Room
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Fireplace:No
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Fireplace:None
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Laundry:Electric Dryer Hookup, Inside, Washer Hookup
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Laundry:1
Financial & Terms
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Disclosures:LA/Owner Related
Location
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Directions:North of W. Avenue I and East of 13th st west
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Latitude:34.70523400
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Longitude:-118.15230100
The Property
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Property Type:Residential Income
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Subtype:Duplex
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Property Condition:Repairs Cosmetic
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Zoning:LRR2*
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Lot Features:2-5 Units/Acre
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Lot Size Area:7542.0000
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Lot Size Acres:0.1731
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Lot Size SqFt:7542.00
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Lot Size Source:Assessor
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View:None
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Fencing:Average Condition, Chain Link, Wood
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Fence:Yes
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Security Features:Carbon Monoxide Detector(s), Smoke Detector(s)
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Exclusions:Tenant belongings
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Road Frontage:City Street
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Road Surface Type:Paved
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:9008.08
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Tax Tract:15489
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Tax Lot:76
The Listing
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Special Listing Conditions:Standard
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Parcel Number:3120031016
Heating & Cooling
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Heating:1
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Heating:Heat Pump
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Cooling:Yes
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Cooling:Heat Pump
Utilities
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Utilities:Electricity Available, Sewer Connected, Water Available
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Sewer:Public Sewer
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Electric:Standard
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Water Source:Public
Appliances
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Appliances:None
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Included:No
The Community
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Features:Sidewalks, Street Lights
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:Yes
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Assessments:Special Assessments
Parking
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Parking:Yes
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Parking:Driveway, Garage Faces Side
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Parking Spaces:2.00
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Garage Spaces:2.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/6/25
May 6, 2025
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Listed / Active | CRMLS_CA | $500,000 |