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**PLEASE DO NOT DISTURB TENANTS. CALL LISTING AGENT FOR MORE INFORMATION. We are pleased to present a 5-unit apartment building located at 102 E Lancaster Boulevard in Lancaster, California. The subject property is in a solid Lancaster location, east of Division Street and south of Lancaster Boulevard. Built in 1983, this property contains a great unit mix of five (5) two-bedroom / two-bathroom units averaging 1,118 SF each. One (1) tenant is on Section 8. Each unit features second story balcony space and fenced back patio space. These character, Spanish-style units sit on a large 15,278 SF corner lot. There is an abundance of on-site parking available with fully parked garage parking and plenty of uncovered space. There is strong potential to utilize SB 1211 and build up to five (5) ADUs out of the three (3) existing garage structures while leaving fully parked on-site parking available. The Lancaster area is developing with new commercial amenities such as Sprouts Farmers Market, Dutch Bros, Chick-Fil-A, and a new food assembly and distribution center for Trader Joe's all coming to the area. Various industries are coming to the city to take advantage of its numerous economic opportunities with several Fortune 500 companies planting operations in the area such as Morton Manufacturing, BYD, Lance Camper and more. The growth of these companies has led to an increase in job opportunities and economic growth, making the city a prime destination for investment. Situated in a solid Lancaster location, this property presents an excellent opportunity for any investor to capitalize on strong rental upside potential and build up to five (5) ADUs in a rapidly developing market that isn't subject to local rent control (subject to AB 1482).
Property Type(s):
Residential Income
| Last Updated | 6/16/2025 | Year Built | 1983 |
|---|---|---|---|
| Community | LAC - Lancaster | Garage Spaces | 5.0 |
| County | Los Angeles |
Additional Details
| AREA | LAC - Lancaster |
|---|---|
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 0.3505 acre(s) |
| LOT DESCRIPTION | Rectangular Lot |
| PARKING | Garage, Gated |
| POOL DESCRIPTION | None |
| STORIES | 2 |
Location
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Listed with CBRE
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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