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$ 279,000
Est. payment /mo
New
116 Nicobar Lancaster, CA 93534
2 Beds
2 Baths
1,300 SqFt
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 1,300 sqft
Price per Sqft $214
MLS Listing ID SR26231266
Bedrooms 2
Full Baths 2
Year Built 1957
Lot Size 5,007 Sqft
Property Sub-Type Townhome
Property Description
INVESTOR ALERT! RARE MULTI-PROPERTY INVESTMENT OPPORTUNITY IN LANCASTER! 116 Nicobar Street, Lancaster, CA 93534 ONE PURCHASE. MULTIPLE INCOME OPPORTUNITIES. UNLIMITED POTENTIAL! Attention investors, builders, and developers! Heres your chance to secure an exciting investment opportunity in Lancaster with a duplex that has been stripped down to its interior shell, offering the possibilty of Two bedrooms, one bathroom, living room and kitchen in each seperate unit. PLUS TWO ADDITIONAL LOTS INCLUDED IN THE SALE! 3138-027-003, 3138-027-004 Why settle for one income-producing property when you can invest in a property with the potential for multiple revenue streams? The existing duplex features approximately 1,300 square feet, two units, and separate living spaces, offering an opportunity to generate rental income while planning your next investment move. But the REAL VALUE lies in the expansion potential! Included in this unique offering are TWO ADDITIONAL LOTS, creating an exciting opportunity to explore the construction of additional residential income properties, subject to city approvals, zoning requirements, and permits. Imagine the possibilities: maintain the existing duplex as a rental investment while developing the additional lots to potentially expand your rental portfolio, increase cash flow, and build long-term equity. WHY INVESTORS WILL LOVE THIS OPPORTUNITY: Existing Duplex: Two residential units with rental income potential. Two Additional Lots Included: Valuable land offering potential for future residential development. Multiple Income Streams: Opportunity to
Location
State CA
County Los Angeles
Direction head west on ave J turn left on dvision then left on Nicobar
Interior
Fireplace No
Exterior
View Y/N Yes
Water Access Desc Public
Building
Story 1
Sewer Unknown
Water Public
Level or Stories 1
Others
Senior Community No
Tax ID 3138027005
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by Erick Escobar, DRE#02041651 Beverly and Company
Co-listed byNON LISTED OFFICE
Co-listed byNON LISTED OFFICE