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    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:
    20
    Last Refresh:
    Jun 16 at 5:06 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
    Bedroom 7, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 8
    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

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    Listing Contact
    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 property in Lancaster
    • Four 2‑bedroom, 1‑bath units (2BR/1BA each)
    • Central heating and central air conditioning
    • Construction materials include stucco and shingle siding
    • Approximately $7,478/month in gross rental income

    Overview

    This four-unit multifamily property includes four 2-bedroom, 1-bath residences in a well-maintained configuration. The offering is sized at approximately 3,940 square feet on a 0.18-acre lot, and it presents a straightforward residential income setup with all units being two-bedroom layouts.

    Located in Lancaster, California, the property is identified under zoning noted as LRR3*. The public remarks describe the asset as being in the heart of Lancaster with convenient access to shopping, schools, employment centers, and major commuter routes within the Antelope Valley area.

    For investors or owner-operators seeking a small multifamily acquisition, the current operating profile is described as having three of the four units occupied by long-term tenants for over 10 years. The public remarks also state approximately $7,478 per month in gross rental income, with buyers instructed to independently verify rental income, expenses, leases, and all property information. This combination of existing occupancy and a consistent unit mix may appeal to buyers looking for a manageable four-unit investment structure in Lancaster.

    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 - Four well-maintained 2-bedroom, 1-bath units with long-term tenancy history, offered for sale in Lancaster, CA.
    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 property in Lancaster; Four 2‑bedroom, 1‑bath units (2BR/1BA each); Central heating and central air conditioning
    More about this property
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