2 Beds
2 Baths
1,300 SqFt
2 Beds
2 Baths
1,300 SqFt
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
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
NEARBY SCHOOL & BUSINESS