tomo logo

$625,000

Beds
5
sq ft
1,800

44606 Date Ave, Lancaster, CA 93534

44606 Date Ave

Lancaster, CA 93534

  • 778 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

CLAW #22201689

Listed
$625,000
+93.8%
08/31/2020
CRMLS

CRMLS #OC20085453

Sold
$322,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 11/08/2024 at 3:10 AM

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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