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Listed by Manny Morales • JohnHart Real Estate
$985,000
Est. payment /mo
3,212 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 3,212 sqft
Price per Sqft $306
MLS Listing ID CRSR25208011
HOA Y/N No
Year Built 1958
Lot Size 6,755 Sqft
Property Sub-Type Comm Ind For Sale
Source Datashare California Regional
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.
Location
State CA
County Los Angeles
Interior
Heating Other
Cooling Window Unit(s)
Fireplace No
Building
Water Public
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