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$ 985,000
Est. payment | /mo
3,212 SqFt
$ 985,000
Est. payment | /mo
3,212 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 3,212 sqft
Price per Sqft $306
MLS Listing ID CRSR25208011
HOA Y/N No
Year Built 1958
Lot Size 6,755 Sqft
Acres 0.16
Property Sub-Type Comm Ind For Sale
Property Description
Investment Opportunity: 6-Unit Multi-Family Property in Prime Lancaster Location Presenting a rare opportunity to own a well-maintained 6-unit multi-family residential property in the heart of Lancaster, located at 342 E Lancaster Boulevard. This income-producing asset features a total of 6 bedrooms and 6 bathrooms, with each unit offering 1 bed and 1 bath, ideal for long-term tenants or short-term rentals. Built in 1958, this 3,212 sq ft building sits on a generous 6,755 sq ft lot, offering plenty of on-site parking and potential for value-add improvements or outdoor communal space. The property combines classic mid-century charm with solid construction and steady cash flow, making it a smart addition to any investment portfolio. Strategically located on Lancaster Boulevard, this property is just steps from local shops, dining, and public transportation, ensuring high rental demand in a revitalizing downtown corridor. The area continues to benefit from community-focused redevelopment and growing economic activity. Whether you're a seasoned investor or entering the multi-family market, this turnkey property offers long-term upside and dependable income in one of Lancaster's most promising neighborhoods.
Location
State CA
County Los Angeles
Interior
Heating Other
Cooling Window Unit(s)
Fireplace No
Exterior
Utilities Available Other, Cable Available
Total Parking Spaces 6
Building
New Construction No
Others
Tax ID 3142016004
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Manny Morales • JohnHart Real Estate
GET MORE INFORMATION
Kenneth Jamaca
Managing Broker | REALTOR | License ID: 02080040
+1(925) 413-1849 | kenneth@jcastlegroup.com