Six-Unit Apartment
For Sale
Contact for pricing
45038 Spearman Ave, Lancaster, CA 93534
Six two-bedroom, one-bath units in a single-story building with on-site parking on a sizable lot.
Property Size4,599 SF
Lot Size0.39 Acres
Days on Market144
Property Features for 45038 Spearman Ave
General Information
Standard status
Active
Size
4,599 SF
Lot size
0.39 Acres
Property subtype
Multifamily
Additional Details
Highway Access
Yes
Multifamily Units
6
Amenities
Lush Landscaping
Building Details
Year Built
1955
Stories
1
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Encino
(818) 357-9525
Listed By:
Filip Niculete · License #CA 01905352
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 6:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Encino
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to exclusively offer this six-unit apartment building for sale. The property consists of six two-bedroom, one-bathroom units, totaling 4,599 square feet of rentable space. Built in 1955, the asset features single-story construction and is described as a non-rent control property, with ample on-site parking supported by a 16,786 square foot lot.
The building is located on a corner at West Avenue I and Division Street, just east of the 14 Freeway. Residents are reported to be proximate to dining, transportation, The Antelope Valley High School, and The Lancaster Metrolink.
This multifamily investment presents a straightforward unit configuration with all units sharing the same two-bedroom, one-bath layout and is positioned for convenient day-to-day access to nearby amenities and transit.
The building is located on a corner at West Avenue I and Division Street, just east of the 14 Freeway. Residents are reported to be proximate to dining, transportation, The Antelope Valley High School, and The Lancaster Metrolink.
This multifamily investment presents a straightforward unit configuration with all units sharing the same two-bedroom, one-bath layout and is positioned for convenient day-to-day access to nearby amenities and transit.
Key Highlights
- Six 2‑bedroom/1‑bath units in a single‑story apartment building
- Non‑rent control multifamily property located on the corner of West Avenue I and Division Street, east of the 14 freeway
- Built in 1955; 4,599 SF of rentable space
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,108
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Six two-bedroom, one-bath units in a single-story building with on-site parking on a sizable lot.
Where is this apartment building located?
The property is located at 45038 Spearman Ave Lancaster, CA.
What are key features of this property?
This property features: Six 2‑bedroom/1‑bath units in a single‑story apartment building; Non‑rent control multifamily property located on the corner of West Avenue I and Division Street, east of the 14 freeway; Built in 1955; 4,599 SF of rentable space
