NOT LISTED FOR SALE

4302 W Avenue L Lancaster, CA 93536

Quartz Hill Neighborhood
2 Beds
1 Bath
10,824 Sq Ft
0.47 Acres

Last Sold August 21, 2015

Last sale price $966,000 $89 Per Sq Ft

15 Days on Market

Highlights

  • Living Room
  • Laundry Room
  • Central Air

About This Home

As of August 2015

This property consists of 12 units built in 1986 and well maintained throughout. Amenities include a concrete driveway, individual metered gas, electric and individual water heaters. Garages are enclosed, central HVAC, and dishwashers throughout. The laundry room is on a month to month lease and the property has no rent control with a 7.9% upside in rents. Located in a prime West Antelope Valley area, this property consists of 12 units that has been well maintained. Green, manicured lawns create a beautiful landscape for this property. Located 3 miles from the 14 freeway.

Last Agent to Sell the Property

Howard Hanes

No Firm Affiliation License #00282754 Listed on: 06/03/2015

Last Buyer's Agent

Howard Hanes

No Firm Affiliation License #00282754 Listed on: 06/03/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.47 Acre Lot
  • Two or More Common Walls

Parking

  • 12 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 10,824 Sq Ft Home
  • Living Room
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Central Air
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 3
  • Assessor Parcel Number 3103023010

Community Details

Building Details

  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 12 Separate Water Meters
  • Electric Expense $887
  • Insurance Expense $2,416
  • Maintenance Expense $10,209
  • Professional Management Expense $5,029
  • Trash Expense $4,276
  • Water Sewer Expense $1,707
  • New Taxes Expense $15,456
  • Gross Income $8,955
  • Net Operating Income $60,130

Additional Features

  • 12 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Parking

12

Listing Details

  • Professional Management Expense: 5029.00
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1707.00
  • Zoning: LCR3
  • Property Type: Residential Income
  • Parcel Number: 3103023010
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 89.25
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 12.00
  • Total Parking Spaces: 12.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher
  • Laundry Features: Common Area
  • Sewer: Unknown
  • Trash Expense: 4276.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size: .46
  • Lot Size Sq Ft: 20425.00
  • Lot Size Acres: 0.4690

Multi Family

  • Electric Expense: 887.00
  • Gross Income: 8955.00
  • Gross Scheduled Income: 107460.00
  • Insurance Expense: 2416.00
  • Lot Size Area: 20425.0000 Square Feet
  • Maintenance Expense: 10209.00
  • Net Operating Income: 60130.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 12
  • Number Of Units Total: 12
  • Operating Expense: 41957.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 15456.00
  • Tax Lot: 3
  • Tax Tract Number: 3
  • Tax Year: 2014

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2015 08/21/15 Sold $966,000 0.0% $89 / Sq Ft
06/18/2015 06/18/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $966,000 -- $89 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2015

    Howard Hanes

    No Firm Affiliation

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15118881

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Lancaster 93536 Quartz Hill

4302 W Avenue L, Lancaster, CA

This home is located at 4302 W Avenue L, Lancaster, CA 93536 since 03 June 2015. This property was built in 1986. 4302 W Avenue L is a home located in Los Angeles County with nearby schools including Valley View Elementary School, Joe Walker Middle School, and Lancaster High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

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