4-Unit Multifamily with
212 W Kildare Street Lancaster, CA 93534
New
MULTI_FAMILY - Lancaster, CA
Property size:
3,252 SFLot size:
0.21 AcresPrice / SF:
$301/SF- Added:
- Jul 9, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 10 at 12:06 am
Property Features for 212 W Kildare Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3
- Bedrooms
- 9
- Bathrooms
- 5
- Rooms
- Bedroom 3, Bedroom 5, Bathroom 5, Bedroom 8, Bedroom 1, Bathroom 2, Bathroom 3, Bedroom 7, Bedroom 9, Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 6, Bedroom 2
- Standard status
- Active
- APN
- 3138-013-015
- Size
- 3,252 SF
- Lot size
- 0.21 Acres
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1942
- Number of units
- 4
- Building materials
- Block, Stucco, Shingle Siding
Listing agent Adela Salais License #02100743 (310) 600-7794
Listing office Moises Salais, Broker 25915 Adolfo Ct, Santa Clarita, CA (818) 430-2878
Listing date Jul 9, 2026
MLS# 26005335
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.
Investment Insights
Based on property information with market context.
210/212/214/216 W Kildare St is a fully permitted multifamily property configured as four rental units, including a JrADU. The home is supported by four separate electrical meters and four separate gas meters with shared water. One unit also includes fully paid solar.
The property is zoned R3. The unit mix includes Unit 212 as a 3-bedroom, 2-bath main residence with central heat and AC, remodeled in 2019. Unit 210 is a 2-bedroom, 1-bath unit completed in 2024 with a multi-zone split system. Units 214 and 216 are brand new 2025 construction, each offering 2 bedrooms and 1 bathroom with fire sprinklers and tankless water heaters. Unit 214 includes independent mini-split systems, and Unit 216 includes independent mini-split systems plus paid solar.
All tenants have lease agreements in place, providing immediate rental income. City records and invoices are available to support the permitted work.
The property is zoned R3. The unit mix includes Unit 212 as a 3-bedroom, 2-bath main residence with central heat and AC, remodeled in 2019. Unit 210 is a 2-bedroom, 1-bath unit completed in 2024 with a multi-zone split system. Units 214 and 216 are brand new 2025 construction, each offering 2 bedrooms and 1 bathroom with fire sprinklers and tankless water heaters. Unit 214 includes independent mini-split systems, and Unit 216 includes independent mini-split systems plus paid solar.
All tenants have lease agreements in place, providing immediate rental income. City records and invoices are available to support the permitted work.
Key Highlights
- Fully permitted 3‑unit property with an JrADU creating 4 total rental units at 210/212/214/216 W Kildare St (R3 zoned).
- Four separate electrical meters and four separate gas meters; shared water, with one unit featuring fully paid solar.
- Estimated cap rate just above 10% at the current list price; all tenants have lease agreements in place.
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 | $82.0k | $25.20 |
| − Vacancy | −$4.3k | −$1.32 |
| EGI | $77.7k | $23.88 |
| − OpEx | −$23.3k | −$7.17 |
| NOI | $54.4k | $16.72 |
3,252 SF · lease $25.20/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$776.7K
$679.6K – $906.2K
NOI $54,371 @ 7.0% cap · market cap 5.55%
Second Best
Apartment 5plus
$695.4K
$608.5K – $811.3K
NOI $48,679 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$1.02M
$893.8K – $1.19M
NOI $71,504 @ 7.0% cap · market cap 7.30%
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 rental units on shared water with separate electric and gas meters, including paid solar in one unit.
Where is this quadplex located?
The property is located at 212 W Kildare Street Lancaster, CA.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: Fully permitted 3‑unit property with an JrADU creating 4 total rental units at 210/212/214/216 W Kildare St (R3 zoned).; Four separate electrical meters and four separate gas meters; shared water, with one unit featuring fully paid solar.; Estimated cap rate just above 10% at the current list price; all tenants have lease agreements in place.
