Duplex with Newly Built
For Sale
$600,000
44632 Fern Ave, Lancaster, CA 93534
Two separate residences provide flexible living arrangements and potential rental use near schools and downtown Lancaster.
Property Size2,163 SF
Price / SF$277.39
Days on Market63
Property Features for 44632 Fern Ave
General Information
Standard status
Active
Size
2,163 SF
Property subtype
Multi-Family
Building Details
Year Built
1950
Listing Agency:
JohnHart Real Estate
Listed By:
Augusto Hernandez · License #01490556
(661) 492-4626
Source:
Jessicadixonrealty
Added: Aug 16
Changed: Oct 15
Last Checked: Oct 16 at 9:57AM
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 JohnHart Real Estate
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Investment Insights
Based on property information with market context.
This duplex property includes a primary residence and a separate accessory dwelling unit on the same lot. The front home offers approximately 1,700 square feet with three bedrooms, a bonus room, living and dining areas, and two full bathrooms. Each bedroom has an individual A/C unit, and the home features recently installed tile flooring.
Completed in 2026, the rear ADU adds 463 square feet with one bedroom, a kitchen, and a full bathroom. A washer and dryer are included in the unit. Multiple RV power adapters are installed, and the lot provides room for RV parking or possible future expansion. The property is located near schools and downtown Lancaster.
Completed in 2026, the rear ADU adds 463 square feet with one bedroom, a kitchen, and a full bathroom. A washer and dryer are included in the unit. Multiple RV power adapters are installed, and the lot provides room for RV parking or possible future expansion. The property is located near schools and downtown Lancaster.
Key Highlights
- Two residences on one lot, including a primary home and separate ADU
- Front home includes approximately 1,700 sq ft, 3 bedrooms, and a bonus room
- Rear ADU built in 2026 with 463 sq ft, 1 bedroom, kitchen, and full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,164
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$723,280
$723.3K
Cap Rate 7%
$516,629
$516.6K
Cap Rate 9%
$401,822
$401.8K
Market Conditions
NOI Build-Up for 2,163 SF
Gross rent
$54.5K $25.20/SF
− Vacancy
−$2.8K −$1.32/SF
EGI
$51.7K $23.88/SF
− OpEx
−$15.5K −$7.17/SF
NOI
$36.2K $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 Rate 5%
$723,280
Cap Rate 7%
$516,629
Cap Rate 9%
$401,822
Alternative Uses
Best Use
Multifamily LT 5
$516.6K
$452.1K – $602.7K
NOI $36,164 @ 7.0% cap · market cap 6.03%
Second Best
Apartment 5plus
$462.5K
$404.7K – $539.6K
NOI $32,378 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$679.4K
$594.5K – $792.7K
NOI $47,560 @ 7.0% cap · market cap 7.93%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,061
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences provide flexible living arrangements and potential rental use near schools and downtown Lancaster.
Where is this duplex located?
The property is located at 44632 Fern Ave Lancaster, CA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two residences on one lot, including a primary home and separate ADU; Front home includes approximately 1,700 sq ft, 3 bedrooms, and a bonus room; Rear ADU built in 2026 with 463 sq ft, 1 bedroom, kitchen, and full bathroom
