Seller's Agent in 2025
George Kpachavi
LPT Realty, Inc
(310) 525-0528
6 in this area
344 Total Sales
45110 Elm Ave Lancaster, CA 93534
Central Lancaster Neighborhood
3
Beds
4
Baths
1,497
Sq Ft
8,851
Sq Ft Lot
Highlights
- Fireplace in Kitchen
- Quartz Countertops
- Neighborhood Views
- Traditional Architecture
- No HOA
- Hiking Trails
About This Home
As of July 2025This outstanding triplex investment opportunity offers a rare combination of solid rental income, excellent location, and practical amenities. The property features three separate units: an upgraded spacious 3-bedroom, 1-bathroom front unit that feels like a standalone home, a well-appointed 2-bedroom, 1-bathroom middle unit, and a comfortable 1-bedroom, 1-bathroom rear unit—each with its own unique layout and charm. All units are separately metered for gas and electric, providing ease of management and greater efficiency for tenants. Tenants will appreciate the convenience of two covered parking spaces located off the alleyway, offering sheltered access and added privacy. In addition, a detached two-car garage with individual single doors provides ample storage or additional parking options, adding to the property's appeal. Whether you're looking to expand your portfolio or begin your investment journey, this triplex is a turnkey opportunity in a growing rental market.
Last Agent to Sell the Property
LPT Realty, Inc Brokerage Phone: 310-525-0528 License #01839703 Listed on: 05/23/2025
Last Buyer's Agent
LPT Realty, Inc Brokerage Phone: 310-525-0528 License #01839703 Listed on: 05/23/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1949 | Remodeled
Lot Details
- 8,851 Sq Ft Lot
- No Common Walls
- Rectangular Lot
- Level Lot
- Back and Front Yard
Parking
- 2 Car Direct Access Garage
- Carport
- Parking Available
Home Design
- Triplex
- Traditional Architecture
- Entry on the 1st floor
- Turnkey
- Shingle Roof
Interior Spaces
- 1,497 Sq Ft Home
- 1-Story Property
- Entryway
- Living Room with Fireplace
- Neighborhood Views
- Laundry Room
Kitchen
- Gas and Electric Range
- Quartz Countertops
- Fireplace in Kitchen
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Central Heating
- Natural Gas Connected
- Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 011 / 27
- Tax Tract Number 27
- Assessor Parcel Number 3134001011
- $1,627 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Recreation
- Hiking Trails
- Bike Trail
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Trash Expense $600
- Water Sewer Expense $1
- Operating Expense $1,800
- Gross Income $19,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 23, 2025
Closed on
Jul 3, 2025
Sold by
Vernay Bryan
Bought by
45110 Elm Ave Llc
Seller's Agent
George Kpachavi
LPT Realty, Inc
Buyer's Agent
George Kpachavi
LPT Realty, Inc
List Price
$539,000
Sold Price
$560,000
Premium/Discount to List
$21,000
3.9%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,812
Avg. Annual Appreciation
-3.54%
Original Mortgage
$448,000
Outstanding Balance
$447,241
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$103,947
Purchase Details
Listed on
Oct 14, 2022
Closed on
Mar 29, 2023
Sold by
Ware Peter
Bought by
Vernay Bryan
Seller's Agent
Michael Green
Michael Green Realty & Inv.
Buyer's Agent
George Kpachavi
LPT Realty, Inc
List Price
$527,000
Sold Price
$519,000
Premium/Discount to List
-$8,000
-1.52%
Views
133
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.42%
Original Mortgage
$389,250
Interest Rate
6.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 26, 2013
Sold by
Ware 2000 Llc
Bought by
Ware Peter
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,429
Interest Rate
4.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 1, 2008
Sold by
Ware Peter
Bought by
Ware 2000 Llc
Purchase Details
Closed on
Nov 29, 2007
Sold by
Ware 2000 Llc
Bought by
Ware Peter
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 22, 2005
Sold by
Ware Peter Bartholomew and Peter Bartholomew Ware Trust
Bought by
Ware 2000 Llc
Purchase Details
Closed on
Jul 5, 2002
Sold by
Ware Peter Bartholomew and Peter Bartholomew Ware Trust
Bought by
Ware Peter B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
6.71%
Purchase Details
Closed on
Jun 17, 2002
Sold by
Ware Peter B
Bought by
Ware Peter Bartholomew and Peter Bartholomew Ware Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
6.71%
Purchase Details
Closed on
Dec 27, 2000
Sold by
Ware Peter B
Bought by
Ware Peter Bartholowmew and Peter Bartholowmew Ware Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
7.71%
Purchase Details
Closed on
Nov 27, 2000
Sold by
Trust Frank Randall R Tr Randall R Frank
Bought by
Ware Peter B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
7.71%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $560,000 | Fidelity - Sherman Oaks | |
| Grant Deed | $519,000 | Usa National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | Ticor Title Company | |
| Grant Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | $110,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $448,000 | New Conventional | |
| Previous Owner | $389,250 | New Conventional | |
| Previous Owner | $212,429 | New Conventional | |
| Previous Owner | $225,000 | Purchase Money Mortgage | |
| Previous Owner | $106,400 | No Value Available | |
| Previous Owner | $38,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/22/2025 07/22/25 | Sold | $560,000 | +3.9% | $374 / Sq Ft | |
| 05/23/2025 05/23/25 | For Sale | $539,000 | +3.9% | $360 / Sq Ft | |
| 04/18/2023 04/18/23 | Sold | $519,000 | 0.0% | $301 / Sq Ft | View Prior Sale |
| 04/16/2023 04/16/23 | Pending | -- | -- | -- | |
| 11/30/2022 11/30/22 | Price Changed | $519,000 | -1.1% | $301 / Sq Ft | |
| 11/27/2022 11/27/22 | Price Changed | $525,000 | -0.4% | $304 / Sq Ft | |
| 10/14/2022 10/14/22 | For Sale | $527,000 | -- | $306 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,003 | $539,967 | $135,252 | $404,715 |
| 2024 | $8,003 | $529,380 | $132,600 | $396,780 |
| 2023 | $3,538 | $159,294 | $34,747 | $124,547 |
| 2022 | $3,481 | $156,171 | $34,066 | $122,105 |
| 2021 | $3,423 | $153,110 | $33,399 | $119,711 |
| 2020 | $3,392 | $151,861 | $33,057 | $118,804 |
| 2019 | $3,343 | $148,890 | $32,409 | $116,481 |
| 2018 | $3,299 | $145,978 | $31,774 | $114,204 |
| 2016 | $3,158 | $140,003 | $30,541 | $109,462 |
| 2015 | $3,125 | $137,901 | $30,083 | $107,818 |
| 2014 | $3,488 | $165,000 | $25,000 | $140,000 |
Source: Public Records
Agents Affiliated with this Home
-
George Kpachavi
-
Michael Green
Seller's Agent in 2023
Michael Green
Michael Green Realty & Inv.
(818) 832-3610
1 in this area
35 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25113595
APN: 3134-001-011
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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
Nearby Homes
- 45148 Date Ave
- 0 Vac Vic 195 Ste Ave 06 Unit 23-270071
- 0 Vac Vic Avenue F8 75 Stw Unit SR19141185
- 723 W Avenue I
- 0 Cor Avenue I Fern Ave
- 46135 10th St W
- 719 W Avenue h13
- 638 W Avenue h12
- 638 Avenue H-12
- 750 W Avenue h12
- 750 Avenue H-12
- 106 W Avenue I
- 733 W Avenue I
- 45015 11th St W
- 45131 Trevor Ave
- 44921 Trevor Ave
- 1144 W Ivyton St
- 317 W Kildare St
- 1011 W Avenue h12
- 702 W Avenue h9