44921 Trevor Ave Lancaster, CA 93534
Central Lancaster NeighborhoodEstimated payment $10,829/month
About This Home
Presenting an exceptional 10-unit multifamily investment property in Lancaster, offering a cap rate of over 7.5% and strong, government-backed Section-8 income for highly stable and reliable cash flow. The property features eight well-maintained 1-bedroom/1-bath units along with two newly constructed, fully permitted ADUs that significantly enhance rental income and overall value. Each unit is separately metered for electricity and gas, supporting efficient operations with low overhead. Additional amenities include shared laundry facilities and 10 open parking spaces. Conveniently located near local amenities, public transportation, and major employment centers, this turnkey asset is positioned in a high-demand rental market with consistent occupancy. An excellent opportunity for investors seeking a secure, income-producing property with strong fundamentals and long-term growth potential.
Listing Agent
Sync Brokerage Brokerage Phone: 818-723-9071 License #02021891 Listed on: 12/03/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1951
Lot Details
- 0.25 Acre Lot
- Two or More Common Walls
- No Landscaping
Parking
- 10 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 5,350 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Bathrooms
Listing and Financial Details
- Legal Lot and Block 4 / 38
- Tax Tract Number 9006
- Assessor Parcel Number 3138011011
- $4,180 per year additional tax assessments
Community Details
Building Details
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $4,500
- Pest Control $1,248
- Professional Management Expense $3,600
- Trash Expense $3,386
- Water Sewer Expense $3,366
- Operating Expense $7,028
- Gross Income $160,772
- Net Operating Income $120,525
Additional Features
- 10 Units
- Laundry Facilities
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 | $24,635 | $1,734,000 | $260,100 | $1,473,900 |
| 2024 | $24,635 | $1,700,000 | $255,000 | $1,445,000 |
| 2023 | $14,338 | $846,196 | $127,191 | $719,005 |
| 2022 | $13,772 | $829,605 | $124,698 | $704,907 |
| 2021 | $13,601 | $813,339 | $122,253 | $691,086 |
| 2020 | $13,594 | $818,350 | $122,400 | $695,950 |
| 2019 | $13,206 | $802,350 | $120,000 | $682,350 |
| 2018 | $12,325 | $716,350 | $112,200 | $604,150 |
| 2016 | $9,282 | $475,000 | $79,200 | $395,800 |
| 2015 | $8,207 | $384,000 | $63,900 | $320,100 |
| 2014 | $8,654 | $384,000 | $63,900 | $320,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/03/2025 12/03/25 | For Sale | $1,690,000 | +181.7% | $316 / Sq Ft | |
| 11/14/2016 11/14/16 | Sold | $600,000 | -3.1% | $136 / Sq Ft | View Prior Sale |
| 10/30/2016 10/30/16 | Pending | -- | -- | -- | |
| 09/09/2016 09/09/16 | For Sale | $618,888 | +3.1% | $141 / Sq Ft | |
| 08/30/2016 08/30/16 | Off Market | $600,000 | -- | -- | |
| 03/03/2016 03/03/16 | For Sale | $625,000 | -- | $142 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25269575
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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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