Fantastic opportunity to own a well-maintained 4-unit income-producing property on a generous 0.5-acre lot in the heart of Lancaster. The property features a desirable unit mix, consisting of one spacious 2-bedroom, 1.5-bathroom unit and three 1-bedroom, 1-bathroom units—perfect for steady rental income and long-term tenant stability. Recent upgrades include a brand-new roof (2024) and updated main line plumbing upgrades, significantly reducing future maintenance expenses and adding long-term value. Each unit is separately metered for electricity and gas, offering added efficiency and control for both tenants and owner. Centrally located near major shopping centers, schools, public transit, and parks, the property provides convenience and appeal to prospective renters. The expansive half-acre lot also presents potential for additional amenities, expanded parking, or possible future development with R-3 zoning (buyer to verify with city). With its strong fundamentals, recent improvements, and excellent location, this turnkey asset is a solid investment opportunity for both seasoned investors and those entering the multifamily space.
MLS #
CRIG25170390
MLS Source
California Regional MLS
Pool
None
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
Listing Agent
Joseph Trujillo
EXP REALTY OF CALIFORNIA INC.
License #: 02007156
Phone: –
Co-Listing Agent
Tyler Brand
Nara Advisors
License #: 02214185
Phone: (661) 886-1226
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | – | 4 |
4024 W Avenue L is a Residential Income in Lancaster, CA 93536. This – square foot property sits on a 20,511 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $675,000 and was built in 1956. This address can also be written as 4024 W Avenue L, Lancaster, CA 93536.
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This listing information is up-to-date as of October 01, 2025. For the most current information, please contact Joseph Trujillo