1011 W Avenue H12

Lancaster, CA 93534

Well-maintained 4-unit apartment building on a corner lot, built in 1981. The property consists of four 2-bedroom units: three townhouse-style units with 2 beds/1.5 baths and one single-level flat unit with 2 beds/1 bath. All units feature central A/C replaced approximately 7 years ago. Each unit includes a one-car garage with remote door plus one additional assigned parking space. A fifth garage is currently used by the owner for storage, along with an additional on-site storage room. On-site laundry facility provides additional income. All tenants are Housing Authority assisted, with approximately 75% of rents deposited directly to the owner on the 1st of each month. Tenants are quiet and the property is easy to manage. Annual owner expenses are approximately: common area electricity $360, insurance $3,500, trash $1,800, and water/sewer $1,200. Drive-by only. Showings with accepted offer. Do not disturb tenants.

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