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575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON AUG 01 2025 AT 7:01 AM.

DOUGLAS ELLIMAN IS A LICENSED REAL ESTATE BROKER IN CALIFORNIA WITH LICENSE # 01947727, COLORADO WITH LICENSE # EC100053892, CONNECTICUT WITH LICENSE # REB.0314827, THE DISTRICT OF COLUMBIA WITH LICENSE # REO40000160, FLORIDA WITH LICENSE # CQ1020232, MARYLAND WITH LICENSE # 645270, MASSACHUSETTS WITH LICENSE # 422764, NEVADA WITH LICENSE # 1454643, NEW JERSEY WITH LICENSE # 0572105, NEW YORK WITH LICENSE # 10991211812, TEXAS WITH LICENSE # 9008706, AND VIRGINIA WITH LICENSE # 0226035659.

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4024 W Avenue L

lancaster, CA 93536

$675,000

    INTERESTED? LET'S CONNECT

    Fantastic opportunity to own a well-maintained 4-unit income-producing property on a generous 0.5-acre lot in the heart of Lancaster. The property features a desirable unit mix, consisting of one spacious 2-bedroom, 1.5-bathroom unit and three 1-bedroom, 1-bathroom units—perfect for steady rental income and long-term tenant stability. Recent upgrades include a brand-new roof (2024) and updated main line plumbing upgrades, significantly reducing future maintenance expenses and adding long-term value. Each unit is separately metered for electricity and gas, offering added efficiency and control for both tenants and owner.

    Centrally located near major shopping centers, schools, public transit, and parks, the property provides convenience and appeal to prospective renters. The expansive half-acre lot also presents potential for additional amenities, expanded parking, or possible future development with R-3 zoning (buyer to verify with city). With its strong fundamentals, recent improvements, and excellent location, this turnkey asset is a solid investment opportunity for both seasoned investors and those entering the multifamily space.

    Details

    2,576 Sq Ft

    0.4709 Private Acres Exterior Space

    Investment

    Built in 1956

    MLS/Listing ID IG25170390

    1 Stories

    4 Units

    Amenities & Features

    Community - Rural

    Gas Dryer Hookup

    Electric Dryer Hookup

    Listing Courtesy of EXP REALTY OF CALIFORNIA INC., JOSEPH TRUJILLO

    CRMLS

    Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE

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