H
Seller's Agent in 2024
Howard Harris
PMI Antelope Valley
(661) 579-0508
4 in this area
33 Total Sales
4128 W Avenue L Lancaster, CA 93536
Quartz Hill Neighborhood
16
Beds
12
Baths
7,684
Sq Ft
0.45
Acres
About This Home
As of September 2024Great Quartz Hill Investment Property! Fully Rented 8 unit complex! Centrally located to shopping, bus stops, fast food, banks and more. This Building average rents are well under market. The average rent per unit is $1,376. The average rent should be between $1,700 per month. The monthly income includes $1,500 per year income from the laundry room. This 5% Cap Rate Chart is based upon the yearly net profit of $92,520 per year. This building is fully rented. There are Six 2+2 single story apartments and Two 2+2 townhomes. This building includes a brand new roof and new garage doors. Seven of the units have a single car garage with a new garage door. Unit A has a two car garage. Both unit A and unit G garages are attached. There is a laundry room on the premises and that income is included in the monthly gross income. There are also two garages that are not assigned and could possibly be converted to an ADU.
Last Agent to Sell the Property
PMI Antelope Valley License #00995639 Listed on: 04/10/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1973
Lot Details
- 0.45
Home Design
- Composition Roof
- Wood Siding
- Stucco
Additional Features
- 0.45 Acre Lot
- Central Heating and Cooling System
Community Details
- 8 Units
Listing and Financial Details
- Assessor Parcel Number 3103-024-007
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/11/2024 09/11/24 | Sold | $1,585,000 | -14.3% | $206 / Sq Ft | |
| 07/12/2024 07/12/24 | Pending | -- | -- | -- | |
| 04/10/2024 04/10/24 | For Sale | $1,850,000 | +105.6% | $241 / Sq Ft | |
| 05/23/2017 05/23/17 | Sold | $900,000 | +0.1% | $117 / Sq Ft | View Prior Sale |
| 01/06/2017 01/06/17 | Pending | -- | -- | -- | |
| 12/01/2016 12/01/16 | For Sale | $899,500 | -- | $117 / Sq Ft |
Source: Greater Antelope Valley Association of REALTORS®
Tax History Compared to Growth
Agents Affiliated with this Home
-
Howard Harris
-
Steve DiPressi
Seller's Agent in 2017
Steve DiPressi
Urban Resources
(661) 860-6066
17 Total Sales
-
Randy Conrad
Buyer's Agent in 2017
Randy Conrad
Patron Realty Group
(661) 373-1881
69 Total Sales
Map
Source: Greater Antelope Valley Association of REALTORS®
MLS Number: 24002639
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