Lancaster Multi-Family with
44632 Fern Avenue, Lancaster, CA 93534
MULTI_FAMILY - Lancaster, CA
Property size:
2,163 SFLot size:
0.20 AcresPrice / SF:
$258/SF- Added:
- May 21, 2026
- Days on Market:
- 10
- Last Refresh:
- May 30 at 7:06 am
Property Features for 44632 Fern Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LRR17000
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 3, Bathroom 1
- Standard status
- Active
- APN
- 3133-021-020
- Size
- 2,163 SF
- Lot size
- 0.20 Acres
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1950
- Number of units
- 2
- Building materials
- Wood Siding
- Roof type
- Tile
Listing agent Augusto Hernandez License #01490556 (661) 492-4626
Listing office JohnHart Real Estate 3115-B Rancho Vista Blvd., Glendale, CA (818) 246-1099
Listing date May 21, 2026
MLS# 26004046
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.
HighLights
- Newly built (2026) 463 sq ft ADU featuring 1 bedroom, kitchen, full bathroom, and washer/dryer.
- Main house offers 3 bedrooms plus a bonus room, 2 full bathrooms, and approximately 1,700 sq ft of living space.
- Large lot with potential for RV parking or future expansion; equipped with multiple RV power adapters.
- Each bedroom in the main house has its own A/C unit.
- New tile flooring recently installed in the main house.
- Conveniently located minutes from schools and downtown Lancaster.
Overview
This Lancaster, CA property features two homes on a single lot, presenting an investment opportunity. The main house provides approximately 1,700 square feet of living space, including 3 bedrooms plus a bonus room, a living room, a dining room, and 2 full bathrooms. Each bedroom has its own A/C unit. New tile flooring has recently been installed in the main front house. The back of the property features a newly built ADU (2026) with 463 square feet. This unit includes 1 bedroom, a kitchen, a full bathroom, and a washer and dryer. Both homes are situated on a large lot with potential for RV parking or future expansion. The property is equipped with multiple RV power adapters. Located minutes from schools and downtown Lancaster, this property offers both comfort and investment potential.
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 | $54.5k | $25.20 |
| − Vacancy | −$2.8k | −$1.32 |
| EGI | $51.7k | $23.88 |
| − OpEx | −$15.5k | −$7.17 |
| NOI | $36.2k | $16.72 |
2,163 SF · lease $25.20/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$516.6K
$452.1K – $602.7K
NOI $36,164 @ 7.0% cap · market cap 6.46%
Second Best
Apartment 5plus
$462.5K
$404.7K – $539.6K
NOI $32,378 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$679.4K
$594.5K – $792.7K
NOI $47,560 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Los Angeles
- State
- California
- Longitude
- -118.143443
- Latitude
- 34.693057
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two homes on one lot, great investment opportunity!
Where is this duplex located?
The property is located at 44632 Fern Avenue Lancaster, CA.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Newly built (2026) 463 sq ft ADU featuring 1 bedroom, kitchen, full bathroom, and washer/dryer.; Main house offers 3 bedrooms plus a bonus room, 2 full bathrooms, and approximately 1,700 sq ft of living space.; Large lot with potential for RV parking or future expansion; equipped with multiple RV power adapters.
