Address
4128 W L, Quartz Hill, CA
Price
$ 1,850,000
Property Attributes
  • MLS#24002639
  • TypeMulti-Family
  • CountyLOS ANGELES
  • CityQuartz Hill
  • Area03 - Lancaster West
  • Zip93536
  • Style
  • Price$ 1,850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.45 Acres
Data Source:
Greater Antelope Valley Association of REALTORS® (GAVAOR)
Property Description

Great Quartz Hill Investment Property! Fully Rented 8 unit complex! Centrally located to shopping, bus stops, fast food, banks and more. This Building average rents are well under market. The average rent per unit is $1,376. The average rent should be between $1,700 per month. The monthly income includes $1,500 per year income from the laundry room. This 5% Cap Rate Chart is based upon the yearly net profit of $92,520 per year. This building is fully rented. There are Six 2+2 single story apartments and Two 2+2 townhomes. This building includes a brand new roof and new garage doors. Seven of the units have a single car garage with a new garage door. Unit A has a two car garage. Both unit A and unit G garages are attached. There is a laundry room on the premises and that income is included in the monthly gross income. There are also two garages that are not assigned and could possibly be converted to an ADU.

Price History
4/12/2024 Listed $1,850,000

General Features

Construction Stucco,Wood
Roof Composition
Zoning LCR3*

Interior Features

Cooling Central Air/Refrig

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 93536

Price
AVG $1.85M
$1.85M
Visits
AVG 11
12
Data Provided by Inside Real Estate®
Year Built
AVG 1973
1973