4024 W Avenue L, Lancaster, CA 93536 - Photo 1 of 10, Lancaster, CA
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Sold$675,000on Oct 1, 2025

4024 W Avenue L, Lancaster, CA 93536

EXP REALTY OF CALIFORNIA INC.
3Beds
3Baths
0
23Days Listed

About This Property

Fantastic opportunity to own a well-maintained 4-unit income-producing property on a generous 0.5-acre lot in the heart of Lancaster. The property features a desirable unit mix, consisting of one spacious 2-bedroom, 1.5-bathroom unit and three 1-bedroom, 1-bathroom unitsperfect for steady rental income and long-term tenant stability. Recent upgrades include a brand-new roof (2024) and updated main line plumbing upgrades, significantly reducing future maintenance expenses and adding long-term value. Each unit is separately metered for electricity and gas, offering added efficiency and control for both tenants and owner. Centrally located near major shopping centers, schools, public transit, and parks, the property provides convenience and appeal to prospective renters. The expansive half-acre lot also presents potential for additional amenities, expanded parking, or possible future development with R-3 zoning (buyer to verify with city). With its strong fundamentals, recent improvements, and excellent location, this turnkey asset is a solid investment opportunity for both seasoned investors and those entering the multifamily space.

Joseph TrujilloEXP REALTY OF CALIFORNIA INC.909-434-3004

Property Location

Map

Property Details

Property Type
Res Income 2-4 Units
Bedrooms
3
Bathrooms
3
Building Area
0 Sqft
Living Area
0 sqft
Year Built
0
Status
Sold
Days on Market
23
Cumulative Days on Market
24
Original Price
$675,000

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

1,337

Active Listings

$80K

Median Price

240

Avg Days on Market

Last updated: Oct 2, 2025

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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.

$675,000