Lancaster, CA 93534
$1,690,000
Mark Quesada
Broker / Owner
DRE #02101365
Presenting an exceptional 10-unit multifamily investment property in Lancaster, offering a cap rate of over 7.5% and strong, government-backed Section-8 income for highly stable and reliable cash flow. The property features eight well-maintained 1-bedroom/1-bath units along with two newly constructed, fully permitted ADUs that significantly enhance rental income and overall value. Each unit is separately metered for electricity and gas, supporting efficient operations with low overhead. Additional amenities include shared laundry facilities and 10 open parking spaces. Conveniently located near local amenities, public transportation, and major employment centers, this turnkey asset is positioned in a high-demand rental market with consistent occupancy. An excellent opportunity for investors seeking a secure, income-producing property with strong fundamentals and long-term growth potential.
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$12,701/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Listed by Rana Khanjani, Sync Brokerage
MLS# SR25269575 · Active
History reflects records reported to the MLS and may be incomplete.