Quadplex with Central
For Sale
$1,040,000
1011 W Avenue H12, Lancaster, CA 93534
Lancaster, CA
Property Size3,940 SF
Lot Size0.18 Acres
Price / SF$263.96
Days on Market152
Property Features for 1011 W Avenue H12
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
7
Full bathrooms
7
Rooms
Bedroom 5, Bathroom 4, Bathroom 7, Laundry Room, Bedroom 6, Bedroom 3, Bathroom 5, Bathroom 1, Bedroom 1, Bedroom 8, Bedroom 2, Bathroom 2, Bathroom 6, Bedroom 4, Bedroom 7, Bathroom 3
Parking
5
Parking features
Carport
Patio and Porch features
Patio
Lot features
2-5 Units/ Acre
Elementary school district
Antelope Valley Union
Middle school district
Antelope Valley Union
High school district
Antelope Valley Union
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
LAC - Lancaster
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
Changed: Oct 21
Last Checked: Oct 26 at 9:06AM
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.
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Investment Insights
Based on property information with market context.
This 3,940-square-foot quadplex, built in 1981, contains four residential units with a consistent layout of two bedrooms and one bathroom per unit. Central air, carport parking, patio areas, a shingle roof, public water, and public sewer are included. Three units have housed long-term tenants for more than 10 years, based on the reported occupancy history.
The property occupies approximately 0.1753 acres at 1011 W Avenue H12 in Lancaster, California 93534. Shopping, schools, employment centers, and major commuter routes are identified as accessible from the property, placing the building within an established Antelope Valley rental setting. The unit count and uniform floor plans provide a straightforward multifamily configuration for ownership and management.
The property occupies approximately 0.1753 acres at 1011 W Avenue H12 in Lancaster, California 93534. Shopping, schools, employment centers, and major commuter routes are identified as accessible from the property, placing the building within an established Antelope Valley rental setting. The unit count and uniform floor plans provide a straightforward multifamily configuration for ownership and management.
Key Highlights
- Four‑unit property with 2 bedrooms and 1 bathroom in each unit
- 3,940 square feet on approximately 0.1753 acres
- Three units have had tenants for over 10 years
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,874
Cap Rate
6.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,317,480
$1.3M
Cap Rate 7%
$941,057
$941.1K
Cap Rate 9%
$731,933
$731.9K
Market Conditions
NOI Build-Up for 3,940 SF
Gross rent
$99.3K $25.20/SF
− Vacancy
−$5.2K −$1.32/SF
EGI
$94.1K $23.88/SF
− OpEx
−$28.2K −$7.17/SF
NOI
$65.9K $16.72/SF
Area
Lancaster, CA
Vacancy
5.22%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,317,480
Cap Rate 7%
$941,057
Cap Rate 9%
$731,933
Alternative Uses
Best Use
Multifamily LT 5
$941.1K
$823.4K – $1.10M
NOI $65,874 @ 7.0% cap · market cap 6.33%
Second Best
Apartment 5plus
$842.5K
$737.2K – $983.0K
NOI $58,977 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,632 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
563
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units offer a consistent two-bedroom, one-bathroom configuration with carport parking and patio space.
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 $1,040,000.
What are key features of this property?
This property features: Four‑unit property with 2 bedrooms and 1 bathroom in each unit; 3,940 square feet on approximately 0.1753 acres; Three units have had tenants for over 10 years
