536 E Avenue h14 Lancaster, CA 93535
East Lancaster NeighborhoodEstimated payment $5,384/month
Total Views
1,019
8
Beds
4
Baths
3,400
Sq Ft
$250
Price per Sq Ft
Highlights
- Contemporary Architecture
- Forced Air Heating and Cooling System
- 1-Story Property
- Laundry Room
- Carpet
About This Home
Newer cash flow machine! Solid income producer with some upside. Look at Cost per unit ($212,500); Price per sq. ft. ($250); GRM (9.02!!) and CAP rate (8.38!!!!) All 2+1. All rented. All have separate 2 car garages. Newer construction- 1983 with central heat and Air. Separate water heaters in each unit keep owner expenses under control. EZ management with mix of section 8 and fair market.
Listing Agent
Urban Resources Consulting Brokerage Phone: 661-860-6066 License #00918402 Listed on: 04/15/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,268
Year Built
- Built in 1983
Lot Details
- 0.28 Acre Lot
- 1 Common Wall
- Density is 11-15 Units/Acre
Parking
- 8 Car Garage
Home Design
- Contemporary Architecture
- Apartment
- Slab Foundation
- Shingle Roof
- Composition Roof
Interior Spaces
- 3,400 Sq Ft Home
- 1-Story Property
- Carpet
Kitchen
- Gas Oven
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Outdoor Features
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Sewer Paid
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 23567
- Assessor Parcel Number 3176018024
- $2,553 per year additional tax assessments
Community Details
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Electric Expense $120
- Gardener Expense $720
- Insurance Expense $2,500
- Trash Expense $2,000
- Water Sewer Expense $2,500
- Operating Expense $20,112
- Gross Income $94,200
- Net Operating Income $71,262
Additional Features
- 4 Units
- Laundry Facilities
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 |
|---|---|---|---|---|
| 2025 | $8,268 | $483,572 | $72,817 | $410,755 |
| 2024 | $8,268 | $474,091 | $71,390 | $402,701 |
| 2023 | $8,117 | $464,796 | $69,991 | $394,805 |
| 2022 | $7,965 | $455,683 | $68,619 | $387,064 |
| 2021 | $7,816 | $446,749 | $67,274 | $379,475 |
| 2020 | $7,732 | $442,169 | $66,585 | $375,584 |
| 2019 | $7,598 | $433,500 | $65,280 | $368,220 |
| 2018 | $5,388 | $294,529 | $35,686 | $258,843 |
| 2016 | $5,127 | $283,094 | $34,301 | $248,793 |
| 2015 | $5,072 | $278,842 | $33,786 | $245,056 |
| 2014 | $5,076 | $273,381 | $33,125 | $240,256 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2025 06/17/25 | Pending | -- | -- | -- |
| 06/04/2025 06/04/25 | For Sale | $850,000 | 0.0% | $250 / Sq Ft |
| 05/19/2025 05/19/25 | Pending | -- | -- | -- |
| 05/07/2025 05/07/25 | For Sale | $850,000 | 0.0% | $250 / Sq Ft |
| 04/21/2025 04/21/25 | Pending | -- | -- | -- |
| 04/15/2025 04/15/25 | For Sale | $850,000 | -- | $250 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Grant Deed | $425,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $72,000 | New Conventional | |
| Open | $318,750 | New Conventional | |
| Previous Owner | $262,500 | New Conventional |
Source: Public Records
Similar Homes in Lancaster, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25083311
APN: 3176-018-024
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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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