Listing Agency: Century 21 Yarrow & Associates Realtors

Listed By: John Barris · License #CA 01735279

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 31 at 10:19PM

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Investment Insights

Based on property information with market context.

This duplex includes two separate residences: a three-bedroom, one-bath unit at the front and a two-bedroom, one-bath unit at the rear. Both the interior and exterior have been remodeled, providing an updated configuration for residential income use.

The property is located at 5240-5238 W Avenue L4 in Lancaster, California, and occupies a large lot.

Key Highlights

• Two‑unit duplex with front and rear residences
• Front residence offers 3 bedrooms and 1 bath
• Rear residence offers 2 bedrooms and 1 bath

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Cafe & Coffee Shop Building Supply Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

327

Businesses Nearby

Explore this area Business Placement

Demographics for 93536, CA

74,283

Population

24,407

Households

3

Avg Household Size

37

Median Age

27%

College-Educated

87%

High-School Grad

254.4 sq mi

ZIP Area

292

Density / Sq Mi

$102,927

Median Household Income

$58,484

Median Earnings

$1,946

Median Rent

$484,900

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

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Frequently Asked Questions

What type of property is this?

Duplex - Updated interiors and exteriors support a two-unit residential income property in Lancaster.

Where is this duplex located?

The property is located at 5240-5238 W Avenue L4 Lancaster, CA.

What are key features of this property?

This property features: Two‑unit duplex with front and rear residences; Front residence offers 3 bedrooms and 1 bath; Rear residence offers 2 bedrooms and 1 bath