An impressive rent roll with plenty of room for forced appreciation, 4910 Lancaster is a cash cow today and is well-positioned for an even stronger tomorrow.
Anchored by a gorgeously designed salon on the first floor, this property hosts 3 residential, 1 bedroom apartments upstairs and a first floor studio. 2 units are month to month and a 3rd expires soon - all are ready for upgrades to meet pro forma rent.
Separately metered with electric heat, newer hot water heaters and stoves.
The numbers speak for themselves. Please reach out for pro forma and schedule your showing today.
The income description goes here to explain
List Price | $345,000 |
Property Type | Fourplex (4-units) |
Usable Sqft | 2,820 |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 1925 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 871206450 |
MLS # | PAPH2383770 |
Property ID | 320739350 |
Lot Sqft | 1,250 |
Zoning | CMX2 |
Total Units | 4 |
Days on Market | 165 |
Original List Price | Unknown |
Date Updated | January 07, 2025 |
Date Created | August 05, 2024 |
Unit # | Beds | Baths | Current Rent | Proforma Rent |
Unit #1 | $42,780 | $0 |
Net Income (Yr) | $ 32,500 |
Cap Rate | 9.00% |
Ryan McLaughlin an agent of . Lic #RSR003791
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT