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Lancaster Duplex: Investment Opportunity

1112 W Avenue H14 Lancaster, CA 93534

1112 W Avenue H14, Lancaster, CA, 93534
$419,000
For Sale
Claim this Listing
$419,000

MULTI_FAMILY - Lancaster, CA

Property Size1,650 SF
Lot Size0.17 Acres
Price / SF$253.94
AddedMar 6
Days on Market131
Last RefreshJul 15 at 9:06 am

Property Features for 1112 W Avenue H14

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
LRR2
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 2
Standard status
Active
APN
3120-029-008
Size
1,650 SF
Lot size
0.17 Acres

Utilities

Heating system
Natural Gas
Cooling system
Central Air

Building Details

Year built
1954
Number of units
2
Building materials
Stucco, Wood Siding, Shingle Siding

Listing agent Howard Harris License #00995639

Listing office PMI Antelope Valley 42306 10th St W Ste B, Palmdale, CA

Listing date Mar 6, 2026

MLS# 26001987 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.


Investment Insights

Based on property information with market context.

This well-maintained duplex in Lancaster, California, presents a great investment opportunity. The property features two units, each containing 2 bedrooms and 1 bathroom. The property is zoned LRR2. The property size is 1,650 square feet and the lot size is 0.17 acres. The property has strong rental potential and is ideal for investors looking to expand their holdings or step into multi-unit ownership. Both units have tenants. One unit rents for $1,330 per month, and the other unit rents for $1,760 per month.

Key Highlights

  • Duplex with two 2‑bedroom, 1‑bath units
  • Rents: one unit at $1,330/month and the other at $1,760/month
  • Both units are currently rented to very good tenants

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 $41.6k $25.20
− Vacancy −$2.2k −$1.32
EGI $39.4k $23.88
− OpEx −$11.8k −$7.17
NOI $27.6k $16.72
1,650 SF · lease $25.20/SF/yr · vacancy 5.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$394.1K
$344.8K – $459.8K (±1% cap)
NOI $27,587 @ 7.0% cap · market cap 6.58%
Second Best
Apartment 5plus
$352.8K
$308.7K – $411.7K (±1% cap)
NOI $24,699 @ 7.0% cap · market cap 5.89%
Theoretical Best
Office A
$518.3K
$453.5K – $604.7K (±1% cap)
NOI $36,280 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency (Bike/Boat/Book/etc) Store Grocery & Convenience Store Storage Facility Locksmith Travel Agency Acupuncture (Bike/Boat/Book/etc) Store Electrical Service Computer & Electronic Repair

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

FAQs

What type of property is this?
Duplex - Well-maintained duplex in Lancaster with strong rental income potential.
Where is this duplex located?
The property is located at 1112 W Avenue H14 Lancaster, CA.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: Duplex with two 2‑bedroom, 1‑bath units; Rents: one unit at $1,330/month and the other at $1,760/month; Both units are currently rented to very good tenants
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