$625,000
For Sale

44606 Date Avenue

Lancaster, CA 93534
1800 sqft | 5 beds | 0.18 acres | #22201689
Listing OfficeEGL Properties Incorporated
Type:Multi-Family
Structure:House
Zone:Commercial

Description

Been on the market for some time, BECAUSE current owner is happy to hold as making over $64,000 a year income. FYI Won't work with a tradition loan, as lenders probably won't appraise at value, as it is only a 2 unit property. Owner is selling for $625,000 on fact that this is over $64,000 a year income a 10% gross income property, and there is nothing out there in the market like this. This is a DIAMOND. If you depend on a loan, 80% to 90% it won't work, so this property is not for you. If you can put down like 50% cash, then can work or if a 100% cash buyer then of course. Again, if you want to make a good return on your cash then this property is for you. Also Upside to convert Garage to 2 br unit, we got approved plans, and also add a 4th unit, so lots of upside for the next investor, my seller just wants his price to make it worth wild to sell. Just being honest here.

  • Interior Details
      • Bedrooms5
  • Property Details
      • Acres0.1792
      • Square Feet1800
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1928
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$650,000
  • Other
      • MLS #22201689

Location

Rami ElminoufiReal Estate Group
$
years

Down Payment

$
%
20.0%

Interest Rate

%
5.0%

Tax Rate

%
1.3%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
$0.00