Downtown Quadplex
43731 8th St E Lancaster, CA 93535
New
43731 8th St E, Lancaster, CA, 93535
$1,120,000
For Sale
$1,120,000
Well-maintained four-unit quadplex with private two-car garages, separate meters, and in-unit laundry hookups.
Property Size4,468 SF
Price / SF$250.67
Days on Market4
Property Features for 43731 8th St E
General Information
- Standard status
- Active
- Size
- 4,468 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1987
Listing agency
Real Broker
(818) 929-1158
Listed by
Sergei Hovsepyan · License #01992656
Source
Elliman
Added: Jul 19 Updated: Jul 20 at 3:06AM Checked: Jul 22 at 12:43PM
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 Real Broker
Investment Insights
Based on property information with market context.
This well-maintained quadplex contains four separate units with thoughtfully designed floor plans. The property totals approximately 4,468 square feet of living space and is configured with 9 bedrooms and 4.5 bathrooms across the four units. Each unit includes its own private two-car garage, separate gas and electric meters, and individual laundry hookups, supporting tenant convenience and straightforward operational separation between units.
The property is tenant occupied. It is described as being in downtown Lancaster with proximity to schools, shopping, restaurants, supermarkets, gas stations, and easy access to nearby freeways.
The building’s separate utilities and private garage assignments are key practical features of the current setup, and the property is being offered as an income-producing multi-unit asset.
The property is tenant occupied. It is described as being in downtown Lancaster with proximity to schools, shopping, restaurants, supermarkets, gas stations, and easy access to nearby freeways.
The building’s separate utilities and private garage assignments are key practical features of the current setup, and the property is being offered as an income-producing multi-unit asset.
Key Highlights
- 1987‑built, well‑maintained four‑unit (quadplex) in Downtown Lancaster.
- Approximately 4,468 SF total living space with 9 bedrooms and 4.5 bathrooms across four separate units.
- Each unit includes a private two‑car garage and individual laundry hookups.
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 | $112.6k | $25.20 |
| − Vacancy | −$5.9k | −$1.32 |
| EGI | $106.7k | $23.88 |
| − OpEx | −$32.0k | −$7.17 |
| NOI | $74.7k | $16.72 |
4,468 SF · lease $25.20/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.07M
$933.8K – $1.25M
NOI $74,701 @ 7.0% cap · market cap 6.67%
Second Best
Apartment 5plus
$955.4K
$836.0K – $1.11M
NOI $66,881 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M
NOI $98,242 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Well-maintained four-unit quadplex with private two-car garages, separate meters, and in-unit laundry hookups.
Where is this quadplex located?
The property is located at 43731 8th St E Lancaster, CA.
What is the asking price?
The asking price for this property is $1,120,000.
What are key features of this property?
This property features: 1987‑built, well‑maintained four‑unit (quadplex) in Downtown Lancaster.; Approximately 4,468 SF total living space with 9 bedrooms and 4.5 bathrooms across four separate units.; Each unit includes a private two‑car garage and individual laundry hookups.
