Four-Unit Apartment
1011 W Avenue H12 Lancaster, CA 93534
1011 W Avenue H12, Lancaster, CA, 93534
$1,090,000
For Sale
$1,090,000
MULTI_FAMILY - Lancaster, CA
Property Size3,940 SF
Lot Size0.18 Acres
Price / SF$276.65
Days on Market56
Property Features for 1011 W Avenue H12
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 8
- Bathrooms
- 7
- Rooms
- Bedroom 7, Bedroom 1, Bedroom 3, Laundry Room, Bathroom 7, Bedroom 6, Bedroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bathroom 2, Bathroom 6, Bedroom 4, Bedroom 5, Bedroom 8, Bathroom 1
- Parking
- 5
- Parking features
- Carport
- Patio and Porch features
- Patio
- Standard status
- Active
- APN
- 3120012011
- Size
- 3,940 SF
- Lot size
- 0.18 Acres
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1981
- Floors in Building
- 2
- Number of units
- 4
- Roof type
- Shingle
Listing agency
eXp Realty of Greater Los Angeles, Inc.
(888) 584-9427
Listed by
Charly Daoud · License #02023368
(661) 916-4450
Added: May 28 Updated: Jul 21 at 4:22AM Checked: Jul 22 at 2:06PM
MLS# SR26122376
Copyright © 2026 California Regional Multiple Listing Service, Inc. 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 four-unit multifamily property includes four 2-bedroom, 1-bath units. Three of the four units have been occupied by long-term tenants for over 10 years, supporting a consistent occupancy profile. The seller reports approximately $7,478 per month in gross rental income. Buyer to independently verify all rental income, expenses, leases, and property information.
Located in Lancaster within the Antelope Valley, the property offers convenient access to shopping, schools, employment centers, and major commuter routes.
With four separate residential units, the property provides straightforward apartment-style income potential in a performing rental setting.
Located in Lancaster within the Antelope Valley, the property offers convenient access to shopping, schools, employment centers, and major commuter routes.
With four separate residential units, the property provides straightforward apartment-style income potential in a performing rental setting.
Key Highlights
- 4‑unit multifamily property in Lancaster with four 2‑bedroom, 1‑bath units
- Gross rental income of approximately $7,478/month (buyer to verify rental income, expenses, and leases)
- 3 of 4 units occupied by long‑term tenants for over 10 years
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
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four 2-bedroom, 1-bath units with long-term tenant occupancy and approximately $7,478/month in gross rental income.
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 multifamily property in Lancaster with four 2‑bedroom, 1‑bath units; Gross rental income of approximately $7,478/month (buyer to verify rental income, expenses, and leases); 3 of 4 units occupied by long‑term tenants for over 10 years
