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    Four-Unit Apartment Building Title is generated by Realmo AI

    1011 W Avenue H12, Lancaster, CA 93534

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    Claim this Listing
    For Sale
    $1,090,000

    MULTI_FAMILY - Lancaster, CA

    Property size:
    3,940 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $276/SF
    Added:
    May 28, 2026
    Days on Market:
    31
    Last Refresh:
    Jun 27 at 2:06 pm

    Property Features for 1011 W Avenue H12

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    LRR3*
    Bedrooms
    8
    Bathrooms
    4
    Rooms
    Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 6, Bedroom 1, Bathroom 4, Bathroom 1, Bedroom 4, Bedroom 7, Bedroom 8, Bedroom 3, Bathroom 2
    Standard status
    Active
    APN
    3120-012-011
    Size
    3,940 SF
    Lot size
    0.18 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1981
    Number of units
    4
    Building materials
    Stucco, Shingle Siding

    We can help!

    Contact an agent
    Charly Daoud
    Charly Daoud

    Listing agent Charly Daoud License #02023368

    Listing office eXp Realty of Greater Los Angeles, Inc. 303 N Glenoaks Blvd, Burbank, CA

    Listing date May 28, 2026

    MLS# 26004421 Listing URL

    Copyright © 2026 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1981‑built 4‑unit multifamily with stucco and shingle siding exterior
    • All units have central heating and central air conditioning
    • Unit mix: four 2‑bedroom, 1‑bath units
    • Estimated gross rental income of approximately $7,478/month (buyer to verify)
    • Three of four units have long‑term tenants occupied for over 10 years

    Overview

    This four-unit multifamily property includes four separate apartments, each configured as two bedrooms and one bathroom. The building is described as well-maintained and offers a straightforward, turnkey setup for an owner-operator or investor. According to the seller’s remarks, the property is currently occupied, with three of the four units held by long-term tenants for over 10 years.

    The property is located at 1011 W Avenue H12 in Lancaster, California (Los Angeles County). The offering notes convenient access to shopping, schools, employment centers, and major commuter routes in the Antelope Valley area.

    For buyers looking for a stabilized income-producing asset, this configuration provides multiple rental units within a single building. The seller states approximately $7,478 per month in gross rental income and describes the current setup as producing on-time rental income. Buyers are encouraged to independently verify all rental income, expenses, leases, and property information during their due diligence.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $99.3k $25.20
    − Vacancy −$5.2k −$1.32
    EGI $94.1k $23.88
    − OpEx −$28.2k −$7.17
    NOI $65.9k $16.72
    3,940 SF · lease $25.20/SF/yr · vacancy 5.22% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $941.1K
    $823.4K – $1.10M (±1% cap)
    NOI $65,874 @ 7.0% cap · market cap 6.04%
    Second Best
    Apartment 5plus
    $842.5K
    $737.2K – $983.0K (±1% cap)
    NOI $58,977 @ 7.0% cap · market cap 5.41%
    Theoretical Best
    Office A
    $1.24M
    $1.08M – $1.44M (±1% cap)
    NOI $86,632 @ 7.0% cap · market cap 7.95%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Los Angeles
    State
    California
    Longitude
    -118.14853
    Latitude
    34.707759

    FAQs

    What type of property is this?
    Quadplex - Well-maintained four-unit property with all units configured as two-bedroom, one-bath apartments.
    Where is this quadplex located?
    The property is located at 1011 W Avenue H12 Lancaster, CA.
    What is the asking price?
    The asking price for this property is $1,090,000.
    What are key features of this property?
    This property features: 1981‑built 4‑unit multifamily with stucco and shingle siding exterior; All units have central heating and central air conditioning; Unit mix: four 2‑bedroom, 1‑bath units
    More about this property
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