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Excellent investment opportunity! This duplex generates a strong gross income of $51,708/year and offers two spacious units, each featuring 2 bedrooms, 1 full bathroom, and approximately 800 sq.ft. of living space. The front unit was updated with new vinyl plank flooring in 2021 and has been occupied by the same tenant for 4 years, while the back unit houses a long-term tenant. Both tenants are Section 8, ensuring on-time rent payments and stable income. The property also includes a 2-car garage, offering ADU potential or the opportunity for a garage conversion to increase rental income. Located in a high-demand rental area, this duplex offers consistent cash flow, strong tenant stability, and long-term upside. Perfect for any investor looking to secure a solid income-producing asset with built-in value-add options.
Property Type(s):
Residential Income
| Last Updated | 5/6/2025 | Year Built | 1954 |
|---|---|---|---|
| Community | Lancaster | Garage Spaces | 2.0 |
| County | Los Angeles |
Additional Details
| AIR | Heat Pump |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Lancaster |
| CONSTRUCTION | Concrete, Drywall, Stucco, Wood Siding |
| GARAGE | Driveway, Garage Faces Side, Yes |
| HEAT | Heat Pump |
| HOA DUES | 0 |
| LOT | 7542 sq ft |
| LOT DESCRIPTION | 2-5 Units/Acre |
| PARKING | Driveway,Garage Faces Side |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Mid-Century Modern |
| UTILITIES | Electricity Available,Sewer Connected,Water Available, Electric: Standard |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | LRR2* |
Location
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Listed with First Team Real Estate
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