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About This Home
This 5-bedroom, 2-bathroom residential multi family at 44636 Cedar Avenue in Lancaster, CA is listed for $609,990 ($252 per sqft). Built in 1919, the home offers 2,420 sqft of living space on a 0.24 acres lot.
Exceptional investment opportunity in the heart of Lancaster! 44636-44640 Cedar Ave is a well-maintained duplex offering immediate income potential, strong rental demand, and future value-add opportunities. With two separate units on one lot, this property is ideal for investors looking to expand their portfolio or owner-occupants seeking to offset their mortgage with rental income.
Unit 44636 is a fully renovated 2-bedroom, 1-bathroom residence offering approximately 908 sqft of living space, garage is 486 sqft. Recent improvements include a new roof, new windows, new carpet and flooring throughout, updated lighting fixtures, granite countertops, new cabinetry, and a completely rebuilt garage.
Currently vacant, this move-in-ready unit presents an excellent opportunity to secure a tenant at current market rents or occupy the unit yourself. Unit 44640 features 3 bedrooms, 1 bathroom, and approximately 1,512 sqft of living space, garage is 726 sqft.
The unit is currently leased to a long-term tenant on a month-to-month basis, generating providing stable and consistent rental income from day one. Further enchanting the property's appeal are the detached garages, which may offer potential for ADU (Accessory Dwelling Unit) conversion.
Whether you're seeking dependable cash flow, an owner-occupant opportunity, or a property with long-term upside, this versatile duplex combines recent upgrades, existing rental income, and future development potential in a desirable Lancaster location.
Key Features
- Built in 1919
- 0.24 acre lot
Property Details
Monthly Cost Estimate
$3,262/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
44636 Cedar Avenue
Lancaster, CA 93534
Property Details
Construction
Questions & Answers
This 5-bedroom, 2-bathroom residential multi family at 44636 Cedar Avenue is listed at $609,990 ($252/sqft). The estimated monthly payment is $2,643 based on 20% down at 6.5% interest.
Key features include: Built in 1919, 0.24 acre lot.
This property is listed by Esperanza M Marroquin and can be reached at 6617336893 or esperanza@marroproperties.com.