New Listing
Description
INVESTOR ALERT! RARE MULTI-PROPERTY INVESTMENT OPPORTUNITY IN LANCASTER! 116 Nicobar Street, Lancaster, CA 93534 ONE PURCHASE. MULTIPLE INCOME OPPORTUNITIES. UNLIMITED POTENTIAL! Attention investors, builders, and developers! Here's your chance to secure an exciting investment opportunity in Lancaster with a duplex that has been stripped down to its interior shell, offering the possibilty of Two bedrooms, one bathroom, living room and kitchen in each seperate unit. PLUS TWO ADDITIONAL LOTS INCLUDED IN THE SALE! 3138-027-003, 3138-027-004 Why settle for one income-producing property when you can invest in a property with the potential for multiple revenue streams? The existing duplex features approximately 1,300 square feet, two units, and separate living spaces, offering an opportunity to generate rental income while planning your next investment move. But the REAL VALUE lies in the expansion potential! Included in this unique offering are TWO ADDITIONAL LOTS, creating an exciting opportunity to explore the construction of additional residential income properties, subject to city approvals, zoning requirements, and permits. Imagine the possibilities: maintain the existing duplex as a rental investment while developing the additional lots to potentially expand your rental portfolio, increase cash flow, and build long-term equity. WHY INVESTORS WILL LOVE THIS OPPORTUNITY: Existing Duplex: Two residential units with rental income potential. Two Additional Lots Included: Valuable land offering potential for future residential development. Multiple Income Streams: Opportunity to expand beyond the existing two units. Build Long-Term Wealth: Explore additional construction to maximize the property's investment potential. Flexible Investment Strategy: Ideal for buy-and-hold investors, builders, developers, and investors looking to expand their portfolios. Lancaster Location: Situated in an established Antelope Valley community. This is more than a duplex - it's an opportunity to turn one investment into a larger income-producing real estate portfolio! DON'T JUST BUY AN INVESTMENT PROPERTY - INVEST IN THE POTENTIAL TO BUILD MORE!
Details
| MLS # | SR26231266 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 1 |
| Listing Provided By | Beverly and Company | Erick Escobar |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,300 |
| Story(s) | 1 |
| Units | 2 |
| Acreage | 0.11 |
| Property View | None |
Interior
| Cooling | None |
|---|---|
| Cooling Yes / No | No |
| Interior Features | Bedroom On Main Level |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Desert Front |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Unknown |
|---|
Location
| Community Features | Urban |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Lancaster |
| Zip Code | 93534 |
| Area | LAC Lancaster |
| Listing VS Median (in 93534) | |
Price: $279,000 low | high Med: $435,000 sqft: 1,300 low | high Med: 1,775 $ / sqft: $215 low | high Med: $249 On site: 1 low | high Med: 13 | |
Market Activity 93534
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Lancaster |
| Zip Code | 93534 |
| Area | LAC Lancaster |
| Listing VS Median (in 93534) | |
Price: $279,000 low | high Med: $435,000 sqft: 1,300 low | high Med: 1,775 $ / sqft: $215 low | high Med: $249 On site: 1 low | high Med: 13 | |
 | $250,000409 E LingardLancaster, CA 93535 |
