45110 Elm Ave Lancaster, CA 93534
Central Lancaster Neighborhood
5
Beds
4
Baths
1,725
Sq Ft
8,849
Sq Ft Lot
Highlights
- No HOA
- Front Yard
- 1-Story Property
- Laundry Room
About This Home
As of July 2025THE ADDRESS AT THE STREET READS: 45114 ELM AVE. ONE UNIT (3+2 house) CAN RENT AS HIGH AS $2200/mo - POSSIBLY $3,000/mo, SECOND UNIT PAYS $750/m AND THIRD UNIT PAYS $750/mo. THE TENANTS STAY WITH THE PROPERTY AT TIME OF PURCHASE. EACH UNIT HAS IT'S OWN UTILITY METER FOR GAS AND ELECTRIC. HOWEVER, THEY ALL SHARE THE WATER METER. THERE ARE LAUNDRY HOOK UPS IN THE FRONT HOUSE A 3+2 UNIT. THERE ARE NO LAUNDRY FACILITIES FOR THE TWO 1+1 UNITS. THE FRONT HOUSE HAS TWO OFF STREET PARKING SLOTS. THE TWO STUDIO UNITS EACH HAVE ONE CARPORT STALL. SPECIFICS: MAIN HOUSE CAN RENT AS HIGH AS $2200+, STUDIOS AT $750 & $750 A MONTH; last date of rent increase - EVERY FEB EACH YEAR; tenants are current with rents. Expenses paid by landlord other than taxes and insurance - WATER AT $50/MO & TRASH AT $50/MO Approximately; the approximate size of each unit - House is about 1125q ft, other two units are each about 300 sq ft. The square footages are estimates and buyer to rely on own findings. The buyer must be responsible for own investigations as to size of dwellings and lot. THE GARAGE MIGHT BE ABLE TO BE CONVERTED INTO TO AN ADU, HOWEVER THE BUYER IS TO VERIFY THIS WITH THE LOCAL BUILDING AND SAFETY DEPARTMENT, BUT IF APPROVED THIS WOULD CREATE MORE INCOME. THE ROOF ON THE MAIN HOUSE IS NEW.
Last Agent to Sell the Property
Michael Green Realty & Inv. License #00981395 Listed on: 10/14/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,003
Year Built
- Built in 1949
Lot Details
- 8,849 Sq Ft Lot
- No Common Walls
- Front Yard
Home Design
- Triplex
- Composition Roof
Interior Spaces
- 1,725 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Listing and Financial Details
- Legal Lot and Block 011 / 27
- Tax Tract Number 9008
- Assessor Parcel Number 3134001011
- $1,575 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Trash Expense $600
- Water Sewer Expense $600
- Operating Expense $2,400
- Gross Income $34,200
- Net Operating Income $31,800
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
Keller Williams Realty-Studio City
Buyer's Agent
George Kpachavi
Keller Williams Realty-Studio City
List Price
$539,000
Sold Price
$560,000
Premium/Discount to List
$21,000
3.9%
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-65.24%
Original Mortgage
$448,000
Outstanding Balance
$448,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$94,524
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
Keller Williams Realty-Studio City
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%
Similar Homes in Lancaster, CA
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 | $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: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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
-
Seller's Agent in 2025
George Kpachavi
Keller Williams Realty-Studio City
(310) 525-0528
6 in this area
340 Total Sales
-
Seller's Agent in 2023
Michael Green
Michael Green Realty & Inv.
(818) 832-3610
1 in this area
38 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR22222675
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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