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45038 SPEARMAN Avenue, Lancaster, CA 93534

Property · 2 recorded sales since 2013

45038 SPEARMAN Avenue, Lancaster, CA 93534 Sold August 2018 CRMLS
$592,000Sold August 2018

Listing Agent: Roderick 'Rick' Raymundo (DRE #01357019) · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Roderick 'Rick' Raymundo · Marcus & Millichap · MLS #18375504 · Source: CRMLS

12
Bedrooms
6
Bathrooms
4,599
Sq Ft
16,788 sqft
Lot Size
1955
Year Built
Property
Type

About this property

We are pleased to announce the sale of 45038 Spearman Avenue, a six-unit multifamily property located in the growing City of Lancaster. The building is situated just north of Lancaster Boulevard, known locally as "The Blvd", Antelope Valley's premier destination for dining, entertainment, arts, and nightlife. This offering presents a rare opportunity to purchase a non-rent controlled property with rents that are still far below market levels. Situated on a large 16,788 square foot lot, the three separate duplexes contain all two bedroom/one bathroom units. Each apartment features individual laundry hookups, helping an owner to increase income without impacting utility expenses. Tenants enjoy six individual parking garages, plus room for an additional five vehicles in open spaces.Not far from the busy 14 Freeway, the property sits in a denser pocket of the Antelope Valley, with large schools and major national retailers all within a short distance.

Listing description from the August 2018 sale, as reported to CRMLS.

Sale history

$592,000
Sold August 2018 · listed $625,000, on market August 2018 · MLS #18375504 · Source: CRMLS
Listing Agent: Roderick 'Rick' Raymundo · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Roderick 'Rick' Raymundo · Marcus & Millichap
$455,000
Sold July 2013 · listed $199,000, on market April 2013 · MLS #13662981 · Source: CRMLS
Listing Agent: Andre Melikian · Listing Office: Keller Williams-Santa Monica · Contact: 310-482-2200 · Bought with: Andre Melikian · Keller Williams-Santa Monica
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