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342 E Lancaster Blvd
For Sale $900,000
$900,000
- 6 Units
- Unknown Sq Ft
- 6,755 Sq Ft
- Unknown Cap Rate
Description
Investment Opportunity: 6-Unit Multi-Family Property in Prime Lancaster Location
Presenting a rare opportunity to own a well-maintained 6-unit multi-family residential property in the heart of Lancaster, located at 342 E Lancaster Boulevard. This income-producing asset features a total of 6 bedrooms and 6 bathrooms, with each unit offering 1 bed and 1 bath, ideal for long-term tenants or short-term rentals.
Built in 1958, this 3,212 sq ft building sits on a generous 6,755 sq ft lot, offering plenty of on-site parking and potential for value-add improvements or outdoor communal space. The property combines classic mid-century charm with solid construction and steady cash flow, making it a smart addition to any investment portfolio.
Strategically located on Lancaster Boulevard, this property is just steps from local shops, dining, and public transportation, ensuring high rental demand in a revitalizing downtown corridor. The area continues to benefit from community-focused redevelopment and growing economic activity.
Whether you're a seasoned investor or entering the multi-family market, this turnkey property offers long-term upside and dependable income in one of Lancaster's most promising neighborhoods.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $900,000 |
| Property Type | Other |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 6 spots |
| Year Built | 1958 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 3142016004 |
| MLS # | SR25208011 |
| Property ID | 320034528 |
| Lot Sqft | 6,755 |
| Zoning | Unknown |
| Total Units | 6 |
| Days on Market | 133 |
| Original List Price | $985,000 |
| Date Updated | January 16, 2026 |
| Date Created | September 08, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Manny Morales an agent of . Lic #01897413
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of January 16, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT