$1,375,000
Presenting this well-maintained 7 unit multifamily investment property in one of Lancaster's most desirable rental corridors. Built in 1983, this quality-constructed asset offers investors a stable, turnkey opportunity with strong long-term rental appeal.The property features an attractive unit mix comprised of four spacious 2 bedroom/1 bath units and three 1 bedroom/1 bath units, providing tenants with highly sought-after layouts that continue to drive strong occupancy and rental demand. All units have central A/C and heating. The property also offers 5 garages, 6 carport spaces and 1 uncovered parking space.Ideally situated just one block from Lancaster's vibrant THE BLVD Cultural District, residents enjoy immediate access to an energetic mix of dining, entertainment, nightlife, shopping, and year-round community events along Lancaster Boulevard. This prime infill location enhances tenant desirability while positioning the asset within one of the city's most established and walkable neighborhoods.
Listed by Shant Sherbetdjian with Remax Commercial and Investment Realty (213) 817-1000
Property Type
Residential Income
Status
Active
MLS Number
26838667
Year Built
1983
Lot Size
0.28 acres
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