44636 Cedar Avenue, Lancaster, CA 93534

$624,990 Asking Price

5 beds
2 baths
2,420  sqft
Built in 1919

Located in the heart of Lancaster, 44636 Cedar Ave presents a valuable investment opportunity in a multi-family duplex. This property encompasses two units: Unit 44636, which features three bedrooms and one bathroom, and Unit 44640, offering two bedrooms and one bathroom. Both units currently host long-term tenants, establishing a consistent rental income stream right from the time of purchase. The inclusion of garages offers potential for additional dwelling units (ADUs), further enhancing the property's value and versatility. Strategically located, the duplex is within easy reach of essential amenities and transportation. It is just a short walk from the Antelope Valley High School, ensuring educational needs are easily met. For easy commuting, Lancaster train station and the Sierra Hwy & Ave. J bus station are mere moments away. This property is more than just a living space; it's an investment towards financial security and a testament to thoughtful urban planning. With enduring appeal and established rental history, it stands out as a prudent choice for those looking to invest and expand their portfolio in Lancaster's vibrant community.

Features & Amenities

Interior

Laundry:
Other/Remarks
Flooring:
Carpet,Laminate,Wood
A/C:
Swamp Cooler(s)
Heating:
Wall/Gravity
Fireplace:
N/K

Exterior

Style:
Traditional
Pool:
None
Parking:
Parking spaces: 1

Construction

Roofing:
Composition
General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
LRR2*, 3134022015
View:
N/K
Fencing:
N/K

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Marro Real Estate, Inc., Esperanza Marroquin

About Lancaster, CA

Housing

Number of Units
63,141
Median Home Value
$282,687
Median Rent
$1,127

44.58% of housing units are renter occupied.

3.93% are vacant.

Commute

Car
76.67%
Public Transportation
1.34%
Walk to Work
0.58%
Work from Home
20.52%
Other
0.57%

The median travel time to work is 26 minutes.

People

Population
198,225
Median Age
34.10
Median Household Size
3.17

Education

High School
29.22%
Associate’s Degree
9.68%
Bachelor’s Degree
12.70%
Graduate Degree
7.32%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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