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Exceptional investment opportunity in the heart of Lancaster! 44636-44640 Cedar Ave is a well-maintained duplex offering immediate income potential, strong rental demand, and future value-add opportunities. With two separate units on one lot, this property is ideal for investors looking to expand their portfolio or owner-occupants seeking to offset their mortgage with rental income. Unit 44636 is a fully renovated 2-bedroom, 1-bathroom residence offering approximately 908 sqft of living space, garage is 486 sqft. Recent improvements include a new roof, new windows, new carpet and flooring throughout, updated lighting fixtures, granite countertops, new cabinetry, and a completely rebuilt garage. Currently vacant, this move-in-ready unit presents an excellent opportunity to secure a tenant at current market rents or occupy the unit yourself. Unit 44640 features 3 bedrooms, 1 bathroom, and approximately 1,512 sqft of living space, garage is 726 sqft. The unit is currently leased to a long-term tenant on a month-to-month basis, generating providing stable and consistent rental income from day one. Further enchanting the property's appeal are the detached garages, which may offer potential for ADU (Accessory Dwelling Unit) conversion. Whether you're seeking dependable cash flow, an owner-occupant opportunity, or a property with long-term upside, this versatile duplex combines recent upgrades, existing rental income, and future development potential in a desirable Lancaster location.
Property Type(s):
Residential Income
| Last Updated | 6/23/2026 | Year Built | 1919 |
|---|---|---|---|
| Community | LAC - Lancaster | Garage Spaces | 1.0 |
| County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | LAC - Lancaster |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 10454 sq ft |
| LOT DIMENSIONS | 10454 |
| PARKING | Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| WATER | Public |
Location
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Listed with Marro Real Estate, Inc.
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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