tomo logo

$225,000

Beds
2
Baths
2.0
sq ft
1,008

43643 Stanridge Ave, Lancaster, CA 93535

43643 Stanridge Ave

Lancaster, CA 93535

  • 97 days on market
    • Price drop $10,000↓
Just Reduced $10,000 for an even stronger CAP! Searching for the ideal investment or a cozy place to call home? Check out this inviting 2-bedroom, 2-bathroom condo offering 1008 sq. ft. of thoughtfully designed living space. Conveniently located near shops, dining, and entertainment, with quick freeway access for an easy commute. This well-kept property features assigned parking, secure building entry, in-garage laundry, and a private patio for unwinding. Whether you're looking to move in or boost your investment portfolio, this condo shines with a strong 6.02% CAP rate. The current tenant, paying $2,038/month ($24,456 annually), is content to stay or move with proper notice. Don't miss this income-generating gem! This property is part of a 6-Property Investment Portfolio, they can be purchased individually or combined with the other units and generate a combined 5.92% CAP. To purchase all the properties in the portfolio please reach out for the list of homes and pricing.

Details

Property type

Townhouse

Est. home value

$196,858

Lot size

1,113 sq ft

Price per sq ft

$224

Year built

1974

Monthly HOA fee

$432

Price History

12/05/2024
CLAW

CLAW #24442279

Price change
$225,000
-4.26%
09/19/2024
CLAW

CLAW #24442279

Listed
$235,000
09/02/2024
CRMLS

CRMLS #SR24158262

Removed
$235,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Americas Wholesale Lender

Loan start date

January 2006

Original loan amount

$116,000

Est. remaining balance

Not provided

Interest rate

8.48%

Loan type

New Conventional, 30 year

Seller

Jose Juan Valdez

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
CLAW
$225,000
2 bd
|
2 ba
|
1,008 sq ft
|
Townhouse

43608 Stanridge Ave, Lancaster, CA 93535

Price drop
CLAW
$219,000
2 bd
|
2 ba
|
986 sq ft
|
Townhouse

43635 Stanridge Ave, Lancaster, CA 93535

CRMLS
$245,000
2 bd
|
2 ba
|
1,172 sq ft
|
Condo

44200 Kingtree Ave Unit 27, Lancaster, CA 93534

Status: Active

Tomo last checked: 12/26/2024 at 12:45 PM

Listing updated: 12/05/2024 at 2:50 AM

Listed by: Scott Goshorn, Rodeo Realty Phone #: (310) 724-7100

MLS: CLAW #24442279

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