$625,000
- Beds
- 5
- sq ft
- 1,800
44606 Date Ave, Lancaster, CA 93534
44606 Date Ave
Lancaster, CA 93534
- 793 days on market
- Price drop $25,000↓
Been on the market for some time, BECAUSE current owner is happy to hold as making over $64,000 a year income. FYI Won't work with a tradition loan, as lenders probably won't appraise at value, as it is only a 2 unit property. Owner is selling for $625,000 on fact that this is over $64,000 a year income a 10% gross income property, and there is nothing out there in the market like this. This is a DIAMOND. If you depend on a loan, 80% to 90% it won't work, so this property is not for you. If you can put down like 50% cash, then can work or if a 100% cash buyer then of course. Again, if you want to make a good return on your cash then this property is for you. Also Upside to convert Garage to 2 br unit, we got approved plans, and also add a 4th unit, so lots of upside for the next investor, my seller just wants his price to make it worth wild to sell. Just being honest here.
Details
Property type
Lot size
7,807 sq ft
Price per sq ft
$348
Year built
1928
HOA
No
Price History
01/03/2024
CLAW #22201689
Listed
$625,000
+93.8%
08/31/2020
CRMLS #OC20085453
Sold
$322,500
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 11/23/2024 at 8:35 PM
Listing updated: 09/30/2024 at 11:50 AM
Listed by: Jason Hurst, EGL Properties Incorporated Phone #: (310) 481-0922
MLS: CLAW #22201689
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