43608 Stanridge Avenue

Lancaster, CA 93535

PRICE REDUCED

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-$10,000 (-4.26%)

$225,000

List Price

2

bed Beds

2

shower Baths

1,008 sqft

straighten / sqft

1974

calendar_month Built

Property Description

Just Reduced $10,000 for an even stronger CAP! Searching for the ideal investment or a cozy place to call home? Check out this inviting 2-bedroom, 2-bathroom condo offering 1008 sq. ft. of thoughtfully designed living space. Conveniently located near shops, dining, and entertainment, with quick freeway access for an easy commute. This well-kept property features assigned parking, secure building entry, in-garage laundry, and a private patio for unwinding. Whether you're looking to move in or boost your investment portfolio, this condo shines with a strong 7.25% CAP rate. The current tenant, paying $2,295/month ($27,540 annually), is content to stay or move with proper notice. Don't miss this income-generating gem! This property is part of a 6-Property Investment Portfolio, they can be purchased individually or combined with the other units and generate a combined 5.92% CAP. To purchase all the properties in the portfolio please reach out for the list of homes and pricing.

Listing Information

List Price $225,000
Status Active
MLS 24442271
HOA $432
Type Residential
Subtype Townhouse
Year Built 1974
Lot Size 1,113
Structure Size 1,008
DOM 67
Courtesy Of Rodeo Realty
Listing Agent Scott Goshorn DRE#01964409

Interior Features

Laundry Information
Location(s) In Garage
Total Bedroom
Bedrooms 2
Total Bathroom
Bathrooms 2
Flooring Information
Material Carpet, Laminate
Fireplace Information
Features None
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Scott Goshorn, Rodeo Realty 323-251-5479. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 25th, 2024 at 6:50 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.