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342 E Lancaster Blvd, Lancaster, CA, 93535

6beds
6baths
3,212sqft
$825,000
$257price/sqft
$5,572/moest. monthly cost
$222,880/yrincome needed

About This Home

6-unit multifamily property in a strong Lancaster rental corridor with consistent tenant demand. The property consists entirely of 1-bedroom, 1-bathroom units, providing an efficient and easy-to-manage unit mix attractive to long-term tenants. Each unit is assigned its own private 1-car garage, a valuable amenity that enhances tenant appeal and supports long-term occupancy. The property also features shared on-site laundry for additional tenant convenience and supplemental income potential.The building totals approximately 3,212 SF on a 6,755 SF lot and offers functional layouts with additional upside through future interior and exterior improvements. Investors have the ability to improve operational performance while capitalizing on the continued growth within the Antelope Valley market.Located just off Lancaster Boulevard, the property benefits from close proximity to shopping, dining, public transportation, and major commuter routes. The surrounding downtown corridor continues to experience redevelopment and economic activity, supporting long-term investment potential and rental stability. This is an ideal opportunity for investors seeking dependable cash flow with value-add upside in a growing Southern California rental market.

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

2/10
2/10
New Vista Middle SchoolGrades 6-81.7 mi
3/10

Construction

Condition

  • Year built: 1958

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6

Heating & Cooling

  • Heating features: Wall
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 3,212
  • Total interior livable area: 3,212 sqft

Property

Details

  • Zoning: LRR3*
  • Special condition: Standard
  • Other equipment: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Spa features: None

Lot

  • Lot size: 6,756 sqft

Parking

  • Total spaces: 6
  • Parking features: Garage Is Attached
  • Has garage: Yes
  • Attached garage spaces: 6
  • Covered spaces: 6