44606 Date Avenue Lancaster, CA ^$ 625,000

44606 Date Avenue

^$ 625,000

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44606 Date Avenue

Lancaster, CA, 93534

^$ 625,000

Bedrooms5 Baths2.0 Sq 1,800

Monthly Estimate*

^$ 4,366

Listed by EGL Properties Incorporated

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Multi-Family Home for sale in Lancaster, CA

for $625,000 with 5 bedrooms and 2 full baths. This 1,800 square foot home was built in 1928 on a lot size of 0.1792.

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.

Multi-Family Active

Price

^$ 625,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1792

Year Built

1928

Town/City

Lancaster

County/Region

Los Angeles

MLS | Web ID

22201689

Days on Market

596

Features

General

Heating WallFurnace

Cooling EvaporativeCooling

Appliances Dishwasher

Zoning LRR2*

Year Built 1928

Stories 1

Levels One

Gross Income 64680.0

County Los Angeles

Net Operating Income 54680.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Near Corner of Date st

City Lancaster

View Y/N N

Senior Community Y/N N

Total Units 2

MLS Area LAC - Lancaster

Lot Size Square Feet 7807.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Date

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 470

Standard Status Active

Cap Rate 7.21

Exterior

Parking Features Driveway

Total Parking 0.0

Lot Size Area 7807.0

Number of Buildings 2

Spa N

Building Area Total 1800.0

Lot Size Acres 0.1792

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Total Bedrooms 5

Electric On Property Y/N N

Total Baths 2

Internal Only

Street Number 1 44606

* Excluded Features

List By

Egl Properties Incorporated

Broker

(949) 524-0471

Phone

Affordability Calculator

$4,366

Per Month

Monthly Principal & Interest: $4,366
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Lancaster, CA

Average List Price ^$631,895

Percent of Sale Price 1%

About Lancaster, CA

164,660 Population

36% Since 2002

^$48,690 Median Income

32.94 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/31/2023	$625,000	-3.85%	Price Down
9/22/2022	$650,000		Listed Price

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44606 Date Avenue, Lancaster, CA, 93534 is a Multi-Family Home for sale at $625,000 with 1,800 sqft and a lot size of 0.1792. 44606 Date Avenue has 5 bedrooms, 2.0 baths, and was built in 1928. The property's zip code is 93534 which is in Lancaster, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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44606 Date Avenue

Multi-Family Home for sale in Lancaster, CA

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