4-Unit Multifamily
For Sale
$1,090,000
1011 W Avenue H12, Lancaster, CA 93534
MULTI_FAMILY - Lancaster, CA
Property Size3,940 SF
Lot Size0.18 Acres
Price / SF$276.65
Days on Market65
Property Features for 1011 W Avenue H12
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LRR3*
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 8, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 1, Bathroom 4, Bedroom 4, Bathroom 2, Bedroom 7, Bathroom 3, Bedroom 5
Directions
Follow CA-138 W/CA-14 N to W Ave I in Lancaster. Take exit 44 from CA-138 W/CA-14 N, Continue on W Ave I. Drive to Ave H-12, Turn left onto Ave H-12
Subdivision
03 - Lancaster West
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
Listing Agency:
eXp Realty of Greater Los Angeles, Inc.
(888) 652-1314
Listed By:
Charly Daoud · License #02023368
(661) 916-4450
Added: May 28
Changed: Jul 31
Last Checked: Jul 31 at 9:06PM
MLS# 26004421
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 4-unit quadplex offers four 2-bedroom, 1-bath apartment homes in a well-maintained, tenant-occupied setup. The property is approximately 0.18 acres with about 3,940 square feet of total building area. Constructed in 1981 with stucco and shingle siding, it includes central heating and central air for the units. The current occupancy includes long-term tenants, with three of the four units occupied by tenants for over 10 years.
Located at 1011 W Avenue H12 in Lancaster, California (93534), the property is zoned LRR3*. The listing notes the asset as turnkey and income-focused, with buyer due diligence recommended for all rental income, expenses, leases, and property information.
This configuration is well suited for an investor seeking a small multifamily asset with established in-place tenancy and a straightforward unit mix of two-bedroom, one-bath apartments.
Located at 1011 W Avenue H12 in Lancaster, California (93534), the property is zoned LRR3*. The listing notes the asset as turnkey and income-focused, with buyer due diligence recommended for all rental income, expenses, leases, and property information.
This configuration is well suited for an investor seeking a small multifamily asset with established in-place tenancy and a straightforward unit mix of two-bedroom, one-bath apartments.
Key Highlights
- 4‑unit quadplex with four 2‑bedroom, 1‑bath units
- 0.18‑acre lot with about 3,940 square feet
- Central heating and central air
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
NOI $65,874 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$842.5K
$737.2K – $983.0K
NOI $58,977 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,632 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
470
Businesses Nearby
Explore this area
Business Placement
Demographics for 93534, CA
43,906
Population
16,343
Households
2.7
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
19.0 sq mi
ZIP Area
2,311
Density / Sq Mi
$58,891
Median Household Income
$44,566
Median Earnings
$1,513
Median Rent
$339,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained quadplex with four 2-bedroom, 1-bath units and central heating and central air.
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: 4‑unit quadplex with four 2‑bedroom, 1‑bath units; 0.18‑acre lot with about 3,940 square feet; Central heating and central air
