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33008703
33008003

44751 FERN AVE, LANCASTER, CA 93534 For Sale

SS
CA CA 1713570
RE/MAX Commercial & Investment Realty
Listed by RE/MAX Commercial & Investment Realty
$1,375,000
57 days on market
Updated 34 days ago
Opportunity zone

44751 FERN AVE

Details
APN 3133-011-033
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,050
Cap Rate 6.02%
NOI $82,752
Occupancy 100%
Year Built 1983
Buildings 1
Lot Size (SqFt) 12,293
Zoning LRR2*

7 Units in Lancaster

Investment highlights

Presenting this well-maintained 7 unit multifamily investment property in one of Lancaster's most desirable rental corridors. Built in 1983, this quality-constructed asset offers investors a stable, turnkey opportunity with strong long-term rental appeal.The property features an attractive unit mix comprised of four spacious 2 bedroom/1 bath units and three 1 bedroom/1 bath units, providing tenants with highly sought-after layouts that continue to drive strong occupancy and rental demand. All units have central A/C and heating. The property also offers 5 garages, 6 carport spaces and 1 uncovered parking space.Ideally situated just one block from Lancaster's vibrant THE BLVD Cultural District, residents enjoy immediate access to an energetic mix of dining, entertainment, nightlife, shopping, and year-round community events along Lancaster Boulevard. This prime infill location enhances tenant desirability while positioning the asset within one of the city's most established and walkable neighborhoods.

Listing Contacts

SS
CA CA 1713570
RE/MAX Commercial & Investment Realty
Listed by RE/MAX Commercial & Investment Realty

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$82,752.00
$6,896.00/mo

Valuation Metrics

0
DSCR
6.02%
Cap Rate
6.02%
ROI

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Additional Information

Name
Enrique Viramontes
License
CA 01372010
Brokerage
Re/Max Commercial & Investment Realty
Title
Broker of Record
Brokerage Address
99 S Lake Ave, Suite 504 Pasadena, CA 91101
Name
Shant Sherbetdjian
License
CA 1713570
Brokerage
RE/MAX Commercial & Investment Realty
Brokerage Address
99 South Lake Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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