Duplex with Permitted
New
For Sale
$445,000
43033 43035 39th St, Lancaster, CA 93536
Residential Income, Lancaster, CA
Property Size1,223 SF
Lot Size0.15 Acres
Price / SF$363.86
Days on Market4
Property Features for 43033 43035 39th St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LRR17000*
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 4
Parking
2
Parking features
Carport, Driveway
Directions
Exit Avenue L, head West (turn Left if going Northbound OR turn Right if going Southbound). Right on 40th St West, Right on Avenue K-12, Left on 39th St West
Subdivision
Lancaster
Standard status
Active
APN
3110-031-021
Size
1,223 SF
Lot size
0.15 Acres
Utilities
Cooling system
Central Air, Gas (Cooling)
Building Details
Year built
1970
Floors in Building
1
Number of units
2
Buildings
2
Listing Agency:
Compass
(310) 437-7500
Listed By:
Gavaska Williams 'Bounce' · License #01387798
(310) 871-0895
Added: Nov 2
Last Checked: Nov 5 at 7:06AM
MLS# 26105625
Copyright © 2026 The MLS/CLAW. 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.
The property includes two two-bedroom, one-bathroom residences: a main home and a permitted accessory dwelling unit completed in 2023. The main residence has updated electrical, a newer water heater, swamp cooler, ceiling fans, and an indoor laundry area with washer and dryer. The ADU has a private entrance, separate gas and electrical meters, a tankless water heater, split A/C, and washer and dryer hookups.
The 0.153-acre parcel also includes a backyard, rebuilt side boundary walls, and a rear shed converted for hobby use or storage. The property has carport and driveway parking. The main home was built in 1970; the ADU has not been occupied.
The 0.153-acre parcel also includes a backyard, rebuilt side boundary walls, and a rear shed converted for hobby use or storage. The property has carport and driveway parking. The main home was built in 1970; the ADU has not been occupied.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- Permitted ADU completed in 2023, with a private entrance and separate gas and electrical meters
- Main home includes updated electrical, a newer water heater, swamp cooler, ceiling fans, and indoor laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,448
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,960
$409.0K
Cap Rate 7%
$292,114
$292.1K
Cap Rate 9%
$227,200
$227.2K
Market Conditions
NOI Build-Up for 1,223 SF
Gross rent
$30.8K $25.20/SF
− Vacancy
−$1.6K −$1.32/SF
EGI
$29.2K $23.88/SF
− OpEx
−$8.8K −$7.17/SF
NOI
$20.4K $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%
$408,960
Cap Rate 7%
$292,114
Cap Rate 9%
$227,200
Alternative Uses
Best Use
Multifamily LT 5
$292.1K
$255.6K – $340.8K
NOI $20,448 @ 7.0% cap · market cap 4.60%
Second Best
Apartment 5plus
$261.5K
$228.8K – $305.1K
NOI $18,307 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$384.2K
$336.1K – $448.2K
NOI $26,891 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
218
Businesses Nearby
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Business Placement
Demographics for 93536, CA
74,283
Population
24,407
Households
3
Avg Household Size
37
Median Age
27%
College-Educated
87%
High-School Grad
254.4 sq mi
ZIP Area
292
Density / Sq Mi
$102,927
Median Household Income
$58,484
Median Earnings
$1,946
Median Rent
$484,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences include independent utilities for the accessory dwelling unit.
Where is this duplex located?
The property is located at 43033 43035 39th St Lancaster, CA.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; Permitted ADU completed in 2023, with a private entrance and separate gas and electrical meters; Main home includes updated electrical, a newer water heater, swamp cooler, ceiling fans, and indoor laundry
