




45110 Elm Ave, Lancaster, CA, 93534
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
Schools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,231 | $38,772 |
| Home Insurance * | $212 | $2,544 |
| Property Taxes | $790 | $9,480 |
| Electricity | $398 | $4,786 |
| Total | $4,631 | $55,572 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-27 | Listed for sale | $625,000 |
| 2025-07-22 | Sold | $560,000 |
| 2025-06-08 | Contingent | $539,000 |
| 2025-05-23 | Listed for sale | $539,000 |
| 2024-10-10 | Listing removed | $2,600 |
| 2023-06-30 | Listing removed | -- |
| 2023-05-17 | Price change | $2,600 |
| 2023-04-19 | Sold | $519,000 |
| 2023-04-18 | Pending sale | $519,000 |
| 2023-04-07 | Listed for sale | $519,000 |
| 2023-04-04 | Contingent | $519,000 |
| 2023-03-27 | Listed for rent | $2,800 |
| 2022-11-30 | Price change | $519,000 |
| 2022-11-28 | Price change | $525,000 |
| 2022-10-14 | Listed for sale | $527,000 |
| 2000-12-28 | Sold | $110,000 |
