45110 Elm Ave Lancaster, CA 93534
Central Lancaster NeighborhoodEstimated payment $3,684/month
Total Views
395
5
Beds
4
Baths
1,497
Sq Ft
$360
Price per Sq Ft
Highlights
- Fireplace in Kitchen
- Quartz Countertops
- Neighborhood Views
- Traditional Architecture
- No HOA
- Hiking Trails
About This Home
This 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.
Listing Agent
Keller Williams Realty-Studio City Brokerage Phone: 310-525-0528 License #01839703
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,003
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
- 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
- 5 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
Map
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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 |
|---|---|---|---|---|
| 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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| 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 | $412,000 | New Conventional | |
| Closed | $389,250 | New Conventional | |
| Previous Owner | $212,429 | New Conventional | |
| Previous Owner | $225,000 | Purchase Money Mortgage | |
| Previous Owner | $168,000 | Unknown | |
| Previous Owner | $106,400 | No Value Available | |
| Previous Owner | $38,000 | No Value Available |
Source: Public Records
Similar Homes in Lancaster, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25113595
APN: 3134-001-011
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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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