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SOLD
$395,500
Date 07/17/2024

45122 Spearman Avenue
Lancaster, CA 93534

Single Family, Duplex, Ranch, Multi-Family
Residential
2
Beds
2
Baths
957
Sq. Ft.
0.1799
Acre Lot
Listing Agent: Allison Gelbrich CalDRE: 01754152 - Dreamscape Real Estate
Showcase> California> Lancaster> 93534
Calling all Investors and First-Time Buyers! This is a fantastic investment opportunity that holds even more potential. You have the flexibility to either rent out both units or reside in one while renting out the other to help cover the mortgage costs. This duplex consists of two units, each with its own separate address: 45122 and 45124 Spearman Ave (for mailing purposes. 45122 is on title and there is one APN). There are separate gas and electric meters. And one water meter. Both units feature 1 bedroom and 1 bathroom, offering a total of 957 square feet. To add to the allure, one of the units has recently undergone a fresh interior paint job. Inside, you'll find a cozy living area and a convenient eat-in kitchen. The property also boasts a detached two-car garage that presents the potential for third and fourth unit conversion. Situated on a spacious and highly usable lot spanning 7,834 square feet, this property is a true gem. Notably, this parcel falls within the Transit-Oriented Development (TOD) zone and the neighborhood medium (NM) zone section, as per the City planning for Lancaster. Moreover, the City planning department has indicated the "potential" for a triplex or quadplex up to three stories, subject to the guidelines. To ensure accurate and comprehensive information, it is strongly advised that all prospective buyers conduct their own due diligence by contacting the city planning department for further details and verification. The property comes with the added benefit of no HOA fees and boasts low taxes. Limited termite clearance report on file. Photos have been virtually staged.
SW24113246
Residential - Single Family, Duplex, Ranch, Multi-Family, Ranch, 1 Story
2
2 Full
1954
Los Angeles
0.1799 Acres
Public
1
Stucco
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Listing Agent: Allison Gelbrich CalDRE: 01754152 - Dreamscape Real Estate
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