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45110 Elm Ave, Lancaster, CA, 93534

2beds
4baths
1,497sqft
$625,000
$418price/sqft
$4,539/moest. monthly cost
$181,560/yrincome needed

About This Home

Total square footage includes a non-permitted studio attached to main house. This thoughtfully designed and well-maintained four-unit property offers exceptional versatility and strong income potential. The front unit is a spacious, upgraded vacant 2 bedroom, 1 bath residence that lives like a single-family home perfect for owner-occupancy or commanding top market rent. Attached to the front is a private studio with its own separate entrance, providing added rental flexibility. The property also features 2 more studios well-proportioned with own private bath, appealing to a broad tenant base. Each unit is separately metered for gas and electric, ensuring efficient operations and ease of management. Tenants benefit from two covered alley-access parking spaces, while a detached two-car garage with individual single doors offers additional parking, storage, or potential value-add opportunities. Turnkey and pride of ownership throughout, this property is ideally suited for investors seeking strong and reliable cash flow, long-term appreciation, and a high-quality multifamily asset in a solid rental market. Buyers and their agents are advised to conduct their own due diligence, including but not limited to all inspections, investigations, and verification of property condition, square footage, permits, zoning, schools, and any other information material to the buyer's decision. Information provided by agents and broker are deemed reliable but not guaranteed.

Getting Around

79
WalkingVery Walkable
0
TransitVery Limited Transit
66
BikeBikeable

Schools

2/10
3/10
3/10

Construction

Condition

  • Year built: 1949

Materials

  • Roof: Composition
  • Construction materials: Frame,Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 4

Interior Area

  • Total structure area: 1,497
  • Total interior livable area: 1,497 sqft

Property

Details

  • Parcel number: 3134001011
  • Zoning: LRR2*

Lot

  • Lot size: 8,712 sqft