Duplex Investment
For Sale
$599,900
45348 W 10th St, Lancaster, CA 93534
Duplex with two units, each with 2 bedrooms, 1 bathroom.
Property Size1,731 SF
Price / SF$346.56
Days on Market216
Property Features for 45348 W 10th St
General Information
Standard status
Active
Size
1,731 SF
Property subtype
Multi-Family
Building Details
Year Built
1953
Listing Agency:
Century 21 Doug Anderson
Listed By:
Israel Sanchez · License #01854308
(661) 945-4521
Source:
Jessicadixonrealty
Added: Mar 27
Changed: Oct 26
Last Checked: Oct 7 at 4:53PM
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 Century 21 Doug Anderson
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Investment Insights
Based on property information with market context.
This duplex property presents an investment opportunity. Each of the two units includes 2 bedrooms and 1 bathroom, with approximately 865 square feet of living space per unit. The property is occupied by tenants and is located conveniently close to the freeway, shopping centers, restaurants, a cinema, and the Lancaster Municipal Stadium.
Key Highlights
- Great investment opportunity as a duplex property.
- Each unit has 2 bedrooms and 1 bathroom.
- Convenient location near freeway, shopping centers, and restaurants.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,941
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$578,820
$578.8K
Cap Rate 7%
$413,443
$413.4K
Cap Rate 9%
$321,567
$321.6K
Market Conditions
NOI Build-Up for 1,731 SF
Gross rent
$43.6K $25.20/SF
− Vacancy
−$2.3K −$1.32/SF
EGI
$41.3K $23.88/SF
− OpEx
−$12.4K −$7.17/SF
NOI
$28.9K $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%
$578,820
Cap Rate 7%
$413,443
Cap Rate 9%
$321,567
Alternative Uses
Best Use
Multifamily LT 5
$413.4K
$361.8K – $482.4K
NOI $28,941 @ 7.0% cap · market cap 4.82%
Second Best
Apartment 5plus
$370.2K
$323.9K – $431.9K
NOI $25,911 @ 7.0% cap · market cap 4.32%
Theoretical Best
Office A
$543.7K
$475.8K – $634.4K
NOI $38,061 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
801
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
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with two units, each with 2 bedrooms, 1 bathroom.
Where is this duplex located?
The property is located at 45348 W 10th St Lancaster, CA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Great investment opportunity as a duplex property.; Each unit has 2 bedrooms and 1 bathroom.; Convenient location near freeway, shopping centers, and restaurants.
