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3121 E I Ave
For Sale $1,100,000
$1,100,000
- 5 Units
- Unknown Sq Ft
- 107,991 Sq Ft
- Unknown Cap Rate
Description
Rare opportunity to own this desirable multiple tenant investment property in Lancaster. All tenants are on modified gross leases. American Medical Response, Verizon wireless cellular antenna and Dura-Bilt homes have been in this location for many years. This property has a stable diversified income stream for an investor. The current annual NOI is roughly $67,000, which makes it a solid 6% cap rate property.
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 | $1,100,000 |
| Property Type | Industrial |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 0 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 3154010006 |
| MLS # | PI25188471 |
| Property ID | 322099951 |
| Lot Sqft | 107,991 |
| Zoning | Unknown |
| Total Units | 5 |
| Days on Market | 125 |
| Original List Price | $1,100,000 |
| Date Updated | August 20, 2025 |
| Date Created | August 18, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
James Kelsey an agent of . Lic #01354722
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of August 20, 2025 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