1231 W Avenue H15, Lancaster, CA 93534

About this duplex

Excellent investment opportunity! This duplex generates a strong gross income of $51,708/year and offers two spacious units, each featuring 2 bedrooms, 1 full bathroom, and approximately 800 sq.ft. of living space. The front unit was updated with new vinyl plank flooring in 2021 and has been occupied by the same tenant for 4 years, while the back unit houses a long-term tenant. Both tenants are Section 8, ensuring on-time rent payments and stable income. The property also includes a 2-car garage, offering ADU potential or the opportunity for a garage conversion to increase rental income. Located in a high-demand rental area, this duplex offers consistent cash flow, strong tenant stability, and long-term upside. Perfect for any investor looking to secure a solid income-producing asset with built-in value-add options.

Listing description from the July 2025 sale, as reported to CRMLS.

Sale history

$510,000

Sold July 2025 · listed $500,000, on market May 2025 · MLS #OC25101014 · Source: CRMLS

Listing Agent: Alex Duarte · Listing Office: First Team Real Estate · Contact: 714-376-9253 · Bought with: Anil Srivastava · Guru Financial

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