44751 Fern Avenue, Lancaster, CA 93534

$1,375,000
11
BD
7
BA
5,050
SqFt

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List Price
$1,375,000
Status
ACTIVE
MLS#
26838667
Year Built
1983
Bedrooms
11
Bathrooms
7
Living Sq. Ft
5,050
Lot Size
12,293
Acres
0.28
Days on Market
53
Property Type
Multifamily
Stories
Two Levels

Property Description

Presenting this well-maintained 7 unit multifamily investment property in one of Lancaster's most desirable rental corridors. Built in 1983, this quality-constructed asset offers investors a stable, turnkey opportunity with strong long-term rental appeal.The property features an attractive unit mix comprised of four spacious 2 bedroom/1 bath units and three 1 bedroom/1 bath units, providing tenants with highly sought-after layouts that continue to drive strong occupancy and rental demand. All units have central A/C and heating. The property also offers 5 garages, 6 carport spaces and 1 uncovered parking space.Ideally situated just one block from Lancaster's vibrant THE BLVD Cultural District, residents enjoy immediate access to an energetic mix of dining, entertainment, nightlife, shopping, and year-round community events along Lancaster Boulevard. This prime infill location enhances tenant desirability while positioning the asset within one of the city's most established and walkable neighborhoods.

Additional Information

Heat
Central
Cooling
Yes
Cooling Description
Central Air
Attached Structure
Detached
Number Of Units Total
7

Listing courtesy of Listing Agent: Shant Sherbetdjian (ss@remaxcir.com) from Listing Office: Remax Commercial and Investment Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.