Detached Two-Residence
New
For Sale
$399,900
44619 Beech Ave, Lancaster, CA 93534
Separate homes provide flexible living arrangements, outdoor areas, and rental-use potential on a single parcel.
Property Size1,806 SF
Price / SF$221.43
Days on Market6
Property Features for 44619 Beech Ave
General Information
Standard status
Active
Size
1,806 SF
Property subtype
Multi-Family
Building Details
Year Built
1920
Listed By:
Accardo Real Estate Associates - AREA
(310) 686-9361
Source:
Naylorproperties
Added: Sep 12
Last Checked: Sep 16 at 6:18PM
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 Accardo Real Estate Associates - AREA
Investment Insights
Based on property information with market context.
This duplex property comprises two detached residences with separate living areas and outdoor spaces. The front home includes 2 bedrooms, 1 bathroom, a bonus room, living and dining areas, a fireplace, indoor laundry, a kitchen with stainless steel appliances, and 901 SF of recorded living area. The rear home provides 3 bedrooms and 1 bathroom, with 905 SF of recorded living area. Combined recorded living area is approximately 1,806 SF on an approximately 8,857 SF lot.
Fenced outdoor areas and on-site parking complement the detached configuration. The property is located at 44619 Beech Ave in Lancaster, near Downtown Lancaster, shopping, transportation, schools, and neighborhood amenities. Built in 1920, the property currently has rental income in place and offers two separate residences within one ownership parcel.
Fenced outdoor areas and on-site parking complement the detached configuration. The property is located at 44619 Beech Ave in Lancaster, near Downtown Lancaster, shopping, transportation, schools, and neighborhood amenities. Built in 1920, the property currently has rental income in place and offers two separate residences within one ownership parcel.
Key Highlights
- Two detached residences on one parcel
- Approximately 1,806 SF of combined recorded living area
- Approximately 8,857 SF lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,195
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$603,900
$603.9K
Cap Rate 7%
$431,357
$431.4K
Cap Rate 9%
$335,500
$335.5K
Market Conditions
NOI Build-Up for 1,806 SF
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.
Gross rent
$45.5K $25.20/SF
− Vacancy
−$2.4K −$1.32/SF
EGI
$43.1K $23.88/SF
− OpEx
−$12.9K −$7.17/SF
NOI
$30.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$603,900
Cap Rate 7%
$431,357
Cap Rate 9%
$335,500
Alternative Uses
Best Use
Multifamily LT 5
$431.4K
$377.4K – $503.3K
NOI $30,195 @ 7.0% cap · market cap 7.55%
Second Best
Apartment 5plus
$386.2K
$337.9K – $450.6K
NOI $27,034 @ 7.0% cap · market cap 6.76%
Theoretical Best
Office A
$567.3K
$496.4K – $661.8K
NOI $39,710 @ 7.0% cap · market cap 9.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,081
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate homes provide flexible living arrangements, outdoor areas, and rental-use potential on a single parcel.
Where is this duplex located?
The property is located at 44619 Beech Ave Lancaster, CA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two detached residences on one parcel; Approximately 1,806 SF of combined recorded living area; Approximately 8,857 SF lot
