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    38451 E 10th Place E

    Lancaster, CA 93550
    • $675,000
    • STATUS: Active Under Contract
    • ON SITE: 54 days
    • ID#: NP21162345
    Under Contract
    UPDATED: 74 min ago
    $675,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1990
    County:

    School Ratings & Info

    Description

    38451 & 38457 10th Place East are available side by side 4 plexes. Get 8 units with residential financing. The buyer must purchase both properties. The units are in excellent shape and a lot of improvements have been completed over the last year. Rents are low due to long-term tenants. Great location. Subject to sellers 1031 exchange. Buyer to complete their own due diligence related to income, expenses, unit and lot size, and any other factors material to purchase.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T17:27:21.203. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
    www.sellinglasouthbay.com/homes/119732047
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    38451 E 10th Place E Lancaster, CA 93550

    • Price: $675,000
    • Status: Active Under Contract
    • Updated: 74 min ago
    • ID#: NP21162345
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1990
    Built
    Neighborhood:
    LAC - Lancaster
    County:
    Los Angeles
    Area:
    LAC - Lancaster
    Property Description
    38451 & 38457 10th Place East are available side by side 4 plexes. Get 8 units with residential financing. The buyer must purchase both properties. The units are in excellent shape and a lot of improvements have been completed over the last year. Rents are low due to long-term tenants. Great location. Subject to sellers 1031 exchange. Buyer to complete their own due diligence related to income, expenses, unit and lot size, and any other factors material to purchase.
    Exterior Features

    Carport Spaces 4 Carport YN Yes Lot Features Level Number Of Separate Electric Meters 4 Parking Features AssignedCarport Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Roof Composition Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances DishwasherDisposal Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Flooring CarpetLaminate Heating Central Heating YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Suburban Contingency Buyer To Cooperate With Sellers 1031 Exchange. 38451 10th Place East And 38457 10 Place East Must Be Purchased Together. Electric Expense 600 Exclusions Tenants Personal Property Fuel Expense 600 Garage YN No Gross Income 45126 Gross Scheduled Income 45126 Insurance Expense 1053 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Net Operating Income 31758 New Construction YN No New Taxes Expense 7975 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 0 Number Of Units Leased 4 Operating Expense 13118 Pest Control Expense 580 Possession See Remarks Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Actual Rent 3650 Trash Expense 855 Utilities Electricity ConnectedSewer ConnectedWater Connected Water Sewer Expense 855 Water Source Public Zoning Pdr3*

    Listing provided courtesy of Bob Braun of Pacific Sotheby's Int'l Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T17:27:21.203. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
     
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    Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
    23670 Hawthorne Blvd. #100
    Torrance CA, 90505