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$985,000
Est. payment /mo
6,756 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25208011
HOA Y/N No
Year Built 1958
Lot Size 6,756 Sqft
Property Sub-Type Multi Family
Property Description
Investment Opportunity: 6-Unit Multi-Family Property in Prime Lancaster Location
Presenting a rare opportunity to own a well-maintained 6-unit multi-family residential property in the heart of Lancaster, located at 342 E Lancaster Boulevard. This income-producing asset features a total of 6 bedrooms and 6 bathrooms, with each unit offering 1 bed and 1 bath, ideal for long-term tenants or short-term rentals.
Built in 1958, this 3,212 sq ft building sits on a generous 6,755 sq ft lot, offering plenty of on-site parking and potential for value-add improvements or outdoor communal space. The property combines classic mid-century charm with solid construction and steady cash flow, making it a smart addition to any investment portfolio.
Strategically located on Lancaster Boulevard, this property is just steps from local shops, dining, and public transportation, ensuring high rental demand in a revitalizing downtown corridor. The area continues to benefit from community-focused redevelopment and growing economic activity.
Whether you're a seasoned investor or entering the multi-family market, this turnkey property offers long-term upside and dependable income in one of Lancaster's most promising neighborhoods.
Presenting a rare opportunity to own a well-maintained 6-unit multi-family residential property in the heart of Lancaster, located at 342 E Lancaster Boulevard. This income-producing asset features a total of 6 bedrooms and 6 bathrooms, with each unit offering 1 bed and 1 bath, ideal for long-term tenants or short-term rentals.
Built in 1958, this 3,212 sq ft building sits on a generous 6,755 sq ft lot, offering plenty of on-site parking and potential for value-add improvements or outdoor communal space. The property combines classic mid-century charm with solid construction and steady cash flow, making it a smart addition to any investment portfolio.
Strategically located on Lancaster Boulevard, this property is just steps from local shops, dining, and public transportation, ensuring high rental demand in a revitalizing downtown corridor. The area continues to benefit from community-focused redevelopment and growing economic activity.
Whether you're a seasoned investor or entering the multi-family market, this turnkey property offers long-term upside and dependable income in one of Lancaster's most promising neighborhoods.
Location
State CA
County Los Angeles
Area Lac - Lancaster
Interior
Heating Central
Cooling Wall/Window Unit(s)
Fireplace No
Laundry None
Exterior
Fence None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Roof Type Tile
Present Use Multi-Family
Total Parking Spaces 6
Building
Lot Description 6-10 Units/Acre
Story 1
Water Public
Others
Tax ID 3142016004
Special Listing Condition Standard
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Listed by Manny Morales JohnHart Real Estate 661-343-9835
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