45110 Elm Ave Lancaster, CA 93534
Central Lancaster NeighborhoodEstimated payment $4,171/month
Highlights
- Fireplace in Kitchen
- Neighborhood Views
- Laundry Room
- Traditional Architecture
- Hiking Trails
- Central Heating
About This Home
This thoughtfully designed and well-maintained four unit property offers exceptional versatility and strong income potential. The front unit is a spacious, upgraded vacant 2 bedroom, 1 bath residence that lives like a single-family home perfect for owner occupancy or commanding top market rent. Attached to the front is a private studio with its own separate entrance, providing added rental flexibility. The property also features 2 more studios well proportioned with own private bath, appealing to a broad tenant base.
Each unit is separately metered for gas and electric, ensuring efficient operations and ease of management. Tenants benefit from two covered alley-access parking spaces, while a detached two-car garage with individual single doors offers additional parking, storage, or potential value-add opportunities.
Pride of ownership throughout, this property is ideally suited for investors seeking strong and reliable cash flow, long-term appreciation, and a high quality multifamily asset in a solid rental market.
Listing Agent
LPT Realty, Inc Brokerage Phone: 310-525-0528 License #01839703 Listed on: 07/24/2026
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 Garage
- 2 Carport Spaces
- Parking Available
Home Design
- Triplex
- Traditional Architecture
- Entry on the 1st floor
- Turnkey
- Shingle Roof
Interior Spaces
- 1,697 Sq Ft Home
- 1-Story Property
- Entryway
- Living Room with Fireplace
- Neighborhood Views
- Laundry Room
Kitchen
- Gas and Electric Range
- Fireplace in Kitchen
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 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
Community Details
Overview
- 2 Buildings
- 4 Units
Recreation
- Hiking Trails
- Bike Trail
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,500
- Trash Expense $1,500
- Water Sewer Expense $1
- Operating Expense $1,800
- Gross Income $29,300
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,263 | $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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/24/2026 07/24/26 | For Sale | $639,000 | +14.1% | $377 / Sq Ft | |
| 07/22/2025 07/22/25 | Sold | $560,000 | +3.9% | $374 / Sq Ft | View Prior Sale |
| 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 |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $448,000 | New Conventional | |
| Previous Owner | $412,000 | New Conventional | |
| Previous Owner | $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: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR26161196
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
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