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Vivian Ayala

vivian.ayala@exprealty.com +1(171) 439-11248

$279,000

Est. payment - /mo

2 Beds

2 Baths

1,300 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,300 sqft

Price per Sqft $214

MLS Listing ID SR26231266

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1957

Lot Size 5,005 Sqft

Property Sub-Type Duplex

Property Description

INVESTOR ALERT! RARE MULTI-PROPERTY INVESTMENT OPPORTUNITY IN LANCASTER!
116 Nicobar Street, Lancaster, CA 93534
ONE PURCHASE. MULTIPLE INCOME OPPORTUNITIES. UNLIMITED POTENTIAL!
Attention investors, builders, and developers! Here's your chance to secure an exciting investment opportunity in Lancaster with a duplex that has been stripped down to its interior shell, offering the possibilty of Two bedrooms, one bathroom, living room and kitchen in each seperate unit. PLUS TWO ADDITIONAL LOTS INCLUDED IN THE SALE! 3138-027-003, 3138-027-004
Why settle for one income-producing property when you can invest in a property with the potential for multiple revenue streams?

The existing duplex features approximately 1,300 square feet, two units, and separate living spaces, offering an opportunity to generate rental income while planning your next investment move.

But the REAL VALUE lies in the expansion potential!

Included in this unique offering are TWO ADDITIONAL LOTS, creating an exciting opportunity to explore the construction of additional residential income properties, subject to city approvals, zoning requirements, and permits.

Imagine the possibilities: maintain the existing duplex as a rental investment while developing the additional lots to potentially expand your rental portfolio, increase cash flow, and build long-term equity.

WHY INVESTORS WILL LOVE THIS OPPORTUNITY:
Existing Duplex: Two residential units with rental income potential.
Two Additional Lots Included: Valuable land offering potential for future residential development.
Multiple Income Streams: Opportunity to expand beyond the existing two units.
Build Long-Term Wealth: Explore additional construction to maximize the property's investment potential.
Flexible Investment Strategy: Ideal for buy-and-hold investors, builders, developers, and investors looking to expand their portfolios.
Lancaster Location: Situated in an established Antelope Valley community.
This is more than a duplex — it's an opportunity to turn one investment into a larger income-producing real estate portfolio!

DON'T JUST BUY AN INVESTMENT PROPERTY — INVEST IN THE POTENTIAL TO BUILD MORE!

Location

State CA

County Los Angeles

Area Lac - Lancaster

Rooms

Main Level Bedrooms 2

Interior

Interior Features Bedroom on Main Level

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Pool None

Community Features Urban

View Y/N No

View None

Private Pool No

Building

Lot Description Desert Front

Dwelling Type Duplex

Story 1

Entry Level One

Sewer Unknown

Water Public

Level or Stories One

New Construction No

Schools

School District Lancaster

Others

Senior Community No

Tax ID 3138027005

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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Listed by Erick Escobar Beverly and Company 661-998-0477, DRE #02041651

NEARBY SCHOOL & BUSINESS

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116 Nicobar Lancaster, CA 93534