
44817 Redwood Ave Lancaster, CA 93534
Central Lancaster NeighborhoodEstimated payment $4,528/month
Highlights
- Traditional Architecture
- Neighborhood Views
- Tile Countertops
- No HOA
- Evaporated cooling system
- Laundry Room
About This Home
***TRIPLEX PROPERTY with an 8.0% CAP RATE*** Located in West Lancaster. Subject property offers 3 units which consists of: Unit#1 (3 bedrooms, 1 bathroom), Unit#2 (2 bedrooms, 1 bathroom), and Unit#3 (2 bedrooms, 1 bathroom). Landlord pays for water & trash. Tenants pay for electricity, and gas. Subject property features NEW EXTERIOR PAINT, and unit#3 offers NEW INTERIOR PAINT, NEW CARPET, TILE COUNTERS in the kitchen, and NEW LAMINATE FLOORING in the kitchen. There is also a detached carport for tenants. Tenants are on a month-to-month lease.
Listing Agent
Century 21 Doug Anderson Brokerage Phone: 661-945-4521 License #01854308 Listed on: 04/14/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,968
Year Built
- Built in 1963
Lot Details
- 7,503 Sq Ft Lot
- Two or More Common Walls
- Desert faces the front and back of the property
- Wood Fence
- Chain Link Fence
- Rectangular Lot
Home Design
- Triplex
- Traditional Architecture
- Slab Foundation
- Shingle Roof
Interior Spaces
- 2,800 Sq Ft Home
- 1-Story Property
- Family Room
- Neighborhood Views
- Laundry Room
Kitchen
- Gas Range
- Tile Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 4 Parking Spaces
- 4 Detached Carport Spaces
- Parking Available
Outdoor Features
- Exterior Lighting
Utilities
- Evaporated cooling system
- Wall Furnace
- Standard Electricity
Listing and Financial Details
- Legal Lot and Block 20 / 14
- Tax Tract Number 2092
- Assessor Parcel Number 3138016018
- $1,543 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 2 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Water Sewer Expense $1,400
- Operating Expense $1,440
- Gross Income $60,000
- Net Operating Income $60,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $5,968 | $375,478 | $56,889 | $318,589 |
2024 | $5,968 | $368,117 | $55,774 | $312,343 |
2023 | $5,863 | $360,900 | $54,681 | $306,219 |
2022 | $5,771 | $353,824 | $53,609 | $300,215 |
2021 | $5,689 | $346,887 | $52,558 | $294,329 |
2020 | $5,629 | $343,332 | $52,020 | $291,312 |
2019 | $5,540 | $336,600 | $51,000 | $285,600 |
2018 | $5,148 | $305,000 | $45,000 | $260,000 |
2016 | $3,100 | $140,690 | $21,102 | $119,588 |
2015 | $3,073 | $138,578 | $20,786 | $117,792 |
2014 | $3,095 | $135,864 | $20,379 | $115,485 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/17/2025 06/17/25 | Price Changed | $729,900 | -2.7% | $261 / Sq Ft |
04/14/2025 04/14/25 | For Sale | $749,900 | +145.9% | $268 / Sq Ft |
07/26/2017 07/26/17 | Sold | $305,000 | -12.9% | $109 / Sq Ft |
05/24/2017 05/24/17 | Pending | -- | -- | -- |
04/19/2017 04/19/17 | For Sale | $350,000 | -- | $125 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | -- | Orange Coast Title Company | |
Grant Deed | $305,000 | Orange Coast Title | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Grant Deed | $130,000 | California Counties Title Co | |
Grant Deed | $420,000 | First Southwestern Title Co | |
Legal Action Court Order | $88,000 | Lawyers Title Company | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $320,000 | Purchase Money Mortgage | |
Previous Owner | $380,000 | Unknown | |
Previous Owner | $27,000 | Unknown | |
Previous Owner | $315,000 | Purchase Money Mortgage | |
Previous Owner | $238,000 | Unknown | |
Previous Owner | $175,500 | Unknown | |
Previous Owner | $124,950 | Unknown | |
Previous Owner | $25,000 | Stand Alone Second | |
Previous Owner | $87,781 | FHA |
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25073211

APN: 3138-016-018
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