44442 Beech Avenue

Lancaster, CA 93534

$700,001
Price
4
Beds
2
Baths
2,041 Sq. Ft.
$343 / Sq. Ft.
2,041
Sq. Ft.
$343
per Sq. Ft.

Description

12.29% gross rent income property! UPDATE 1 SEPT 24 rent increase: to $7171 a month or $86,052 a YEAR: Garage can be converted to 1 br or 2br unit, so still has upside. Low risk tenant, 3 VASH or SEC 8 Most rent( 90%) paid by GOVERNMENT. There is like very little rental risk on this property. Your $700,000 to make $86,052 a year is a smoking deal. High Cash Flow and Upside to add 1 more unit.12.29% gross rent income property! UPDATE 1 SEPT 24 rent increase: to $7171 a month or $86,052 a YEAR: Garage can be converted to 1 br or 2br unit, so still has upside. Low risk tenant, 3 VASH or SEC 8 Most rent( 90%) paid by GOVERNMENT. There is like very little rental risk on this property. Your $700,000 to make $86,052 a year is a smoking deal. High Cash Flow and Upside to add 1 more unit.
  1. Listed by Jason Hurst • DRE #02067523 • Brokerage DRE #01187406 • EGL Properties Incorporated

Property Details for 44442 Beech Avenue

Zoning
LRR2*
Parcel Number
3134030015
Total Units
3.0
Living Area
2041
Source Living Area
Vendor Enhanced
Area
Lancaster (LAC)
Vacancy Rate
1
Lot Size Area
8852
LISTING UPDATED: 10/03/2024 10:20 AM

Property Details for 44442 Beech Avenue

StatusActive
MLS #22-129453
Days on Market978
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1941
Lot Size0.20 AC / 8,852 SF
CountyLos Angeles County

Building Information for 44442 Beech Avenue

Stories1Residences-Year Built1941Building Size-Lot Size0.20 AC / 8,852 SF

Property Information for 44442 Beech Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 3
  • Type Of Units: Multi Unit
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $86,052
  • Net Operating Income: $76,400.00
  • Gross Income: $86,052
  • Cap Rate: 8.57%
  • Gross Rent Multiplier: $10.80
  • Actual Annual Gross Rent: $86,052.00
  • Actual Gross Annual Income: $86,052
  • Actual Rent Total: $86,052.00
  • Total Annual Expense: 10000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2032
  • Lot Size Square Feet: 8852
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 2
  • Parking Features: None
Interior Features
Interior Features
  • Levels: One
  • Cooling: Evaporative Cooling
  • Cooling Type: Evaporative
  • Heating: Baseboard
  • Heating Type: Baseboard
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 02-19-2022
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,000.00
  • Unit Actual Rent: $3,000.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 444
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,980.00
  • Unit Actual Rent: $1,980.00
  • Unit Projected Rent: $2,300.00
  • Like Units: 522
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,191.00
  • Unit Actual Rent: $2,191.00
  • Unit Projected Rent: $2,300.00
  • Like Units: 520
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $118,356.00
  • Assessed Improvement Percent: 85.0
  • Assessed Land Value: $20,883.00
  • Assessed Land Percent: 15
  • Assessed Total Value: $139,239.00

Property History for 44442 Beech Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 44442 Beech Avenue

Taxable ValueLand$63,672Additions$345,392Total$409,064
Tax Record2024$6,596 ($550 / month)
Home Facts
Total Finished SqFt2,041 SqFtAbove Grade Finished SqFt2,041 SqFtLot Size8,852 SqFtStyleTriplexYear Built1941ZoningLRR2*CountyLOS ANGELESAPN3134-030-015

Schools near 44442 Beech Avenue

This home is within Antelope Valley Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Sierra Elementary School
PublicK to 5

Amargosa Creek Middle School
Public6 to 8

Antelope Valley High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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44442 Beech Avenue is a multi-family home for sale in Lancaster, CA 93534. This property was listed for sale on February 19, 2022 by EGL Properties Incorporated, it's currently listed at $700,001. It has been on the market for a total of 978 days and was last sold on January 20, 2021. This listing's school districts are Antelope Valley Union High School District, Lancaster Elementary School District. Nearby schools include Sierra Elementary School, Amargosa Creek Middle School and Antelope Valley High School. 44442 Beech Avenue is a 4-bed, 2-bath, 2,041 sqft multi-family home built in 1941.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EGL Properties Incorporated, Jason Hurst, DRE #02067523

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.