1231 W Avenue H15, Lancaster, Ca 93534 - Photo 1 of 5, Lancaster, CA
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Sold$510,000on Jul 9, 2025

1231 W Avenue H15, Lancaster, Ca 93534

First Team Real Estate
4Beds
2Baths
0
9Days Listed

About This Property

Excellent investment opportunity! This duplex generates a strong gross income of $51,708/year and offers two spacious units, each featuring 2 bedrooms, 1 full bathroom, and approximately 800 sq.ft. of living space. The front unit was updated with new vinyl plank flooring in 2021 and has been occupied by the same tenant for 4 years, while the back unit houses a long-term tenant. Both tenants are Section 8, ensuring on-time rent payments and stable income. The property also includes a 2-car garage, offering ADU potential or the opportunity for a garage conversion to increase rental income. Located in a high-demand rental area, this duplex offers consistent cash flow, strong tenant stability, and long-term upside. Perfect for any investor looking to secure a solid income-producing asset with built-in value-add options.

Property Location

Map

Property Details

Property Type
Res Income 2-4 Units
Bedrooms
4
Bathrooms
2
Building Area
0 Sqft
Living Area
0 sqft
Year Built
0
Status
Sold
Days on Market
9
Cumulative Days on Market
10
Original Price
$500,000

Location & Neighborhood

Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.

Lancaster Market Snapshot

1,323

Active Listings

$78K

Median Price

244

Avg Days on Market

Last updated: Jul 10, 2025

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Listed by

Alex Duarte, First Team Real Estate · 714-376-9253

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$500,000