$1,595,000
MLS: 26103252
Beds
10
Baths
10
Sq Ft
5,400
Lot
0.25 ac
Year Built
1951
MLS #
26103252
Days on Market
7
Listed
Oct 18, 2026
Description
Exceptional 10-Unit Multifamily Property in Lancaster, CA. Discover a compelling multifamily acquisition opportunity offering established rental income and attractive cash-flow potential. The property comprises eight well-maintained one-bedroom, one-bathroom units and two newly constructed, fully permitted Accessory Dwelling Units (ADUs), enhancing rental income and overall property value. Each unit is separately metered for electricity and gas, helping reduce operating expenses. Additional amenities include shared laundry facilities and 10 open parking spaces. Conveniently located near shopping, public transportation, local amenities, and major employment centers, the property benefits from its position in an established rental market.With Section 8 rental income, efficient operating features, and additional income from the ADUs, this property offers an attractive combination of current cash flow and long-term value potential.
Location
Lancaster, Los Angeles County, CA 93534
Open on Google Maps ↗Listed by: Sandy Dunkley · Equity Los Angeles
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$12,420
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $159,500 · Loan: $1,435,500
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $9,861
- Property tax (1.25%)
- $1,661
- Homeowners insurance
- $300
- Mortgage insurance
- $598
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
Lancaster, CA in context
Lancaster fits buyers who want the BLVD in 93534, a west-side family street in 93536, or east-side payment room in 93535. It is three products, not one median. Quartz Hill shares 93536 and is unincorporated, so shop the street. Mike Watson, Keller Williams in Palmdale, DRE #01712313, has been licensed in California since 2005. Start with the live listings, the family-neighborhood guide, or the city first-time buyer page if the deferred loan is why you are here. If you are evaluating homes in Lancaster, Mike Watson lives and works the Lancaster market every day. He pairs this listing with a free market analysis for your specific street, an honest read on the financing options that fit (FHA, VA, USDA, CalHFA, conventional, and assumable when the loan supports it), and a side-by-side compare against the rest of the active inventory in the area.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Lancaster home with as little as 3.5% down using an FHA loan — roughly $55,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Lancaster, CA 93534 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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