$749,900

Estimated payment $4,682/month

Total Views 450
7 Beds
3 Baths
2,800 Sq Ft
$268 Price per Sq Ft

About This Home

***TRIPLEX PROPERTY with an 8.0% CAP RATE*** Located in West Lancaster. Subject property offers 3 units which consists of 1 unit (3 bedrooms, 1 bathroom),2 unit (2 bedrooms, 1 bathroom), and 3 unit (2 bedrooms, 1 bathroom). Landlord pays for water & trash. The back unit, (2 beds, 1 bath) is currently vacant. Tenants pay for electricity, and gas. Subject property features NEW EXTERIOR PAINT, and the vacant unit offers NEW INTERIOR PAINT, NEW CARPET, TILE COUNTERS in the kitchen, and NEW LAMINATE FLOORING in the kitchen. There is also a detached carport for tenants.

Listing Agent

Israel Sanchez

Century 21 Doug Anderson License #01854308

Century 21 Doug Anderson

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,968

Year Built

  • Built in 1963

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • 2,800 Sq Ft Home
  • Shingle Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Air
  • Wall Furnace

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 3138-016-018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,968

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Capital Rate: 8.00
  • Directions To Property: Take 14 N freeway. Exit on Avenue I. Head east. Right on Redwood Avenue.
  • Income Producing: Yes
  • Listing Member Name: Israel Sanchez
  • Listing Office Short Id: 1110
  • Lot Measurement: SqFt
  • Open House Office I D: 20150204220330792394000000
  • Prop. Type: Multi-Family
  • Square Footage: 2800.00
  • Tract Suffix: Avenue
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 249966.67
  • Total Bathrooms: 3.00

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Shingle

Utilities

  • Cooling Type: Central Air/Evap
  • HeatingTypes: Wall Furnace

Condo/Co-op/Association

  • Units in Building: 3

Lot Info

  • Lot Acres: 0.17
  • Zoning: LRR2*

Rental Info

  • Pet Deposit: 5000

Tax Info

  • Assessor Parcel Number: 3138-016-018

Multi Family

  • Number2 Bedroom Units: 2.00
  • Number3 Bedroom Units: 1.00

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,968 $368,117 $55,774 $312,343
2023 $5,863 $360,900 $54,681 $306,219
2022 $5,771 $353,824 $53,609 $300,215
2021 $5,689 $346,887 $52,558 $294,329
2020 $5,629 $343,332 $52,020 $291,312
2019 $5,540 $336,600 $51,000 $285,600
2018 $5,148 $305,000 $45,000 $260,000
2016 $3,100 $140,690 $21,102 $119,588
2015 $3,073 $138,578 $20,786 $117,792
2014 $3,095 $135,864 $20,379 $115,485
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 For Sale $749,900 +145.9% $268 / Sq Ft
07/26/2017 07/26/17 Sold $305,000 -12.9% $109 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $350,000 -- $125 / Sq Ft
Source: Greater Antelope Valley Association of REALTORS®

Deed History

Date Type Sale Price Title Company
Grant Deed -- Orange Coast Title Company
Grant Deed $305,000 Orange Coast Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $130,000 California Counties Title Co
Grant Deed $420,000 First Southwestern Title Co
Legal Action Court Order $88,000 Lawyers Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $320,000 Purchase Money Mortgage
Previous Owner $380,000 Unknown
Previous Owner $27,000 Unknown
Previous Owner $315,000 Purchase Money Mortgage
Previous Owner $238,000 Unknown
Previous Owner $175,500 Unknown
Previous Owner $124,950 Unknown
Previous Owner $25,000 Stand Alone Second
Previous Owner $87,781 FHA
Source: Public Records

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Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 25002839

Greater Antelope Valley Association of REALTORS®

APN: 3138-016-018