48
See all 48 photos
$1,100,000
Est. payment /mo
2.48 Acres Lot
Active
3121 E I AVE Lancaster, CA 93535
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Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID PI25188471
HOA Y/N No
Lot Size 2.479 Acres
Property Sub-Type Industrial
Property Description
Rare opportunity to own this desirable multiple tenant investment property in Lancaster. All tenants are on modified gross leases. American Medical Response, Verizon wireless cellular antenna and Dura-Bilt homes have been in this location for many years. This property has a stable diversified income stream for an investor. The current annual NOI is roughly $67,000, which makes it a solid 6% cap rate property.
Location
State CA
County Los Angeles
Area Lac - Lancaster
Interior
Fireplace No
Laundry Laundry Room
Exterior
Present Use Industrial
Building
Lot Description 2-5 Units/Acre
Story 1
Water Public
Others
Tax ID 3154010006
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Listed by James Kelsey Century 21 Masters-Arroyo Grande 805-709-4828