43731 8th Street E
Property Description
Exceptional investment opportunity in the heart of Downtown Lancaster! This well-maintained quadruplex offers 9 bedrooms, 9 bathrooms, and approximately 4,468 square feet of living space across four separate units. The property is currently operating at an approximately 6% cap rate, with the potential for increased returns. The building features four spacious units, each with its own thoughtfully designed floor plan, private two-car garage, separate gas and electric meters, and individual laundry hookups, providing convenience for tenants and efficient property management. Ideally located near schools, shopping centers, restaurants, supermarkets, gas stations, and with easy access to nearby freeways, this income-producing property offers strong rental appeal in a desirable Downtown Lancaster location. Whether you're looking to expand your investment portfolio or acquire a multi-unit asset with excellent long-term potential, this fourplex is an opportunity not to be missed. Property is tenant occupied. Please do not disturb tenants.
Broker Details
Real Broker (619) 248-6434
MLS ID: SR165114031 State License Number: 01992656
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,106,000 |
| No. of Units: | 4 |
| Year Built: | 1987 |
| Opportunity Zone: | No |
| Price per unit: | $276,500 |
| Number of Bedrooms: | 9 |
| Number of Bathrooms: | 5 |
ID: 3yd-MRMLSCA-SR26151223
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