Movoto Real Estate

342 E Lancaster Blvd, Lancaster, CA 93535

  • $825,000

  • 6

    bed

  • 6

    bath

  • 3,212

    Sqft ($257/Sqft)

Multi-family for sale 7 hours
Movoto is helping 49 homebuyers near you

About 342 E Lancaster Blvd

Property type Multi-family
Neighborhood
Year built 1958
HOA fee $0/month
Lot size 6,757 Sqft
Movoto estimate
Parking 6 garage spaces
Property description
6-unit multifamily property in a strong Lancaster rental corridor with consistent tenant demand. The property consists entirely of 1-bedroom, 1-bathroom units, providing an efficient and easy-to-manage unit mix attractive to long-term tenants. Each unit is assigned its own private 1-car garage, a valuable amenity that enhances tenant appeal and supports long-term occupancy. The property also features shared on-site laundry for additional tenant convenience and supplemental income potential.The building totals approximately 3,212 SF on a 6,755 SF lot and offers functional layouts with additional upside through future interior and exterior improvements. Investors have the ability to improve operational performance while capitalizing on the continued growth within the Antelope Valley market.Located just off Lancaster Boulevard, the property benefits from close proximity to shopping, dining, public transportation, and major commuter routes. The surrounding downtown corridor continues to experience redevelopment and economic activity, supporting long-term investment potential and rental stability. This is an ideal opportunity for investors seeking dependable cash flow with value-add upside in a growing Southern California rental market.
Listed by
Listing Agent - Tyler Brand
Listing Office - Exp Commercial of California, Inc.
Source: The MLS mls logo
MLS#26831505 • last updated 14 hours ago
Movoto checked The MLS for data 5 minutes ago
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Overview
Levels/Style One
MLS # 26831505
Type Residential Income
Status Active
SqFt 3212
Lot Size (SqFt) 6757
Lot Size (Acres) 0.1551
Year Built 1958
Interior
Total # of Baths 6
Total # of Bedrooms 6
Exterior
# Garage Spaces 6
# Parking Spaces 6
Parking Desc Garage Is Attached
Add'l Structures None
Amenities / Utilities
Equipment None
Pool None
Location
County Los Angeles
Zoning LRR3*
APN 3142-016-004
Multifamily Details
Unit 1: Furnished No
Unit 1: Projected Rent 1250
Unit 1: # Beds 1
Unit 1: Rent 1196
Unit 1: # Baths 1
Unit Type 2106
Unit 1: Actual Rent 1250
Total # Of Buildings 1
Net Operating Income 56150
Vacancy Rate N/a
Gross Income 86400
Gross Rent Multiplier 10.2
Total Annual Expenses 30240
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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • CA
  • Los Angeles County
  • Lancaster
  • 93535
  • El Dorado
  • 342 E Lancaster Blvd

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