Description

Presenting an exceptional 10-unit multifamily investment property in Lancaster, offering a cap rate of over 7.5% and strong, government-backed Section-8 income for highly stable and reliable cash flow. The property features eight well-maintained 1-bedroom/1-bath units along with two newly constructed, fully permitted ADUs that significantly enhance rental income and overall value. Each unit is separately metered for electricity and gas, supporting efficient operations with low overhead. Additional amenities include shared laundry facilities and 10 open parking spaces. Conveniently located near local amenities, public transportation, and major employment centers, this turnkey asset is positioned in a high-demand rental market with consistent occupancy. An excellent opportunity for investors seeking a secure, income-producing property with strong fundamentals and long-term growth potential.

Property details

Year built

1951

Property type

Residential Income

Lot size

11,057 sqft

Location

44921 Trevor • Lancaster, CA 93534

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Listed by

Rana Khanjani · Sync Brokerage

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Closed sales reported in 93534, nearest first, last 12 months. All recent sales in Lancaster →

Residential Income - 44921 Trevor, Lancaster, CA