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.
MLS #
CROC25101014
MLS Source
California Regional MLS
Days on Site
7
Kitchen
None
Appliances
Other
Heating
Heat Pump
Foundation
Slab
Pool
None
Garage/Parking
Garage, Other, Garage: 2 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 2 | 2 |
1231 W Avenue H15 is a Duplex in Lancaster, CA 93534. This – square foot property sits on a 7,542 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $500,000 and was built in 1954.
This address can also be written as 1231 W Avenue H15, Lancaster, CA 93534.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of May 08, 2025. For the most current information, please contact Alex Duarte, (714) 376-9253