45409 Corkwood Avenue,  Lancaster CA, 93534 (Residential Income)

1,613 sqft
Status: Sold
MLS#: 15901721
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Last Updated: 12/2/2016 3:53 PM
Description for 45409 Corkwood Avenue Lancaster, CA 93534
Easy to manage bread & butter duplex located minutes to downtown and the Metrolink! 9X GRM! Great cash on cash return while the tenants pay the mortgage. Ideal for a new investor looking to get into the game or for the seasoned investor looking to add to a portfolio without parting ways with a lot of cash. Both units have been totally remodeled with granite kitchen counters, gorgeous cabinets, newer roof, windows, flooring and bathrooms, in unit laundry hookups and only 1 shared wall. Each unit has its own private front and back yards & have access to half of the divided 2-car garage for storage, & there is driveway parking. The demand for rentals in the area is extremely high. It was close to impossible keep up with all of the calls that came in the last time there was a vacant unit! Please do NOT contact the tenants or walk on the property. Buyer to cooperate with seller's 1031 exchange at no cost to the buyer.
Price
Sold Price:
$189,500
Sold Date:08/03/2015
Los Angeles
1,613 (approx)
15901721
Closed
Description
Easy to manage bread & butter duplex located minutes to downtown and the Metrolink! 9X GRM! Great cash on cash return while the tenants pay the mortgage. Ideal for a new investor looking to get into the game or for the seasoned investor looking to add to a portfolio without parting ways with a lot of cash. Both units have been totally remodeled with granite kitchen counters, gorgeous cabinets, newer roof, windows, flooring and bathrooms, in unit laundry hookups and only 1 shared wall. Each unit has its own private front and back yards & have access to half of the divided 2-car garage for storage, & there is driveway parking. The demand for rentals in the area is extremely high. It was close to impossible keep up with all of the calls that came in the last time there was a vacant unit! Please do NOT contact the tenants or walk on the property. Buyer to cooperate with seller's 1031 exchange at no cost to the buyer.
Listing Information
Property Type: Cluster, Other
0.14 Acres 6,000 sq.ft. 1,613 (approx)
$117.48 1957
Yes
2 Total
Neighborhood
Room Information
Inside, Gas Dryer Hookup
Exterior / Lot Features
5 Parking Spaces, Converted Garage, Driveway
LRR2*
Driving Directions
N. on 10th St. W., right on H-8, left onto Corkwood.
Financial Considerations
3135008003
,$5,517
Listing Price History

Lancaster Real Estate

Lancaster is located in California. Lancaster, California 93534 has a population of 155,496.

The median household income in Lancaster, California 93534 is $51,719. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Lancaster 93534 is 31.5 years.

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Courtesy: Berkshire Hathaway HomeService Jesse Hlubik
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