1231 W Avenue H15
Lancaster, CA 93534
- 4 beds
- – baths
- 1,625 sqft
- 7,542 sqft lot
- $307 per sqft
- 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# CROC25101014 —
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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Building Area Units:Square Feet
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Construction Materials:Concrete
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Security Features:Smoke Detector(s)
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Building Area Total:1625
Interior
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Flooring:Vinyl
Room Dimensions
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Living Area:1625
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Living Area Units:Square Feet
Location
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Directions:North of W. Avenue I and East of 13th st west
The Property
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Property Type:Residential Income
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Property Subtype:Duplex
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Exterior Features:Other
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Parcel Number:3120031016
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Zoning:LRR2
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Lot Size Area:0.17
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Lot Size Acres:0.17
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Lot Size SqFt:7542
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Lot Size Units:Acres
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View:None
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View:false
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Fencing:Chain Link
Listing Agent
- Contact info:
- Agent phone:
- (714) 376-9253
Taxes
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Tax Tract:9008.08
Beds
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Bedrooms Total:4
The Listing
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Listing Terms:Cash
Heating & Cooling
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Heating:Heat Pump
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Heating:true
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Cooling:Heat Pump
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Cooling:true
Utilities
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Utilities:Sewer Connected
Appliances
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Laundry Features:Other
The Community
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Association:false
Parking
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Garage:true
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Attached Garage:false
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Carport:false
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Parking Total:2
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Parking Features:Other
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 |
---|---|---|---|---|
5/7/25
May 7, 2025
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Listed / Active | BRIDGE | $500,000 |