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Key Details
Sold Price $949,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR26146946
Sold Date 08/21/26
HOA Y/N No
Year Built 1942
Lot Size 9,138 Sqft
Property Sub-Type Single Family Residence
Property Description
Rare income producing opportunity in Lancaster! Welcome to 210/212/214/216 W Kildare St, a fully permitted 3 unit property with an JrADU, offering a total of 4 rental units with strong in place income and an estimated cap rate just above 10% at the current list price. This R3 zoned property is the type of cash flowing asset that is extremely hard to find in today's market.
The property features four separate electrical meters, four separate gas meters, shared water, and one unit with fully paid solar. All tenants have lease agreements in place, providing immediate rental income from day one. Unit 212 is the main residence, offering 3 bedrooms, 2 bathrooms, approximately 1,409 sq ft, remodeled in 2019, and equipped with central heat and AC. Unit 210 is a 2 bedroom, 1 bath unit completed in 2024 and features a multi-zone split system. Units 214 and 216 are brand new 2025 construction, each offering 2 bedrooms and 1 bathroom with fire sprinklers installed and tankless water heaters. Unit 214 features independent mini-split systems, and Unit 216 features independent mini-split systems plus paid solar.
Three out of the four units include split systems in every bedroom, with a combination of independent and multi-zone configurations for added comfort and efficiency. Select units also feature recessed lighting, laminate flooring, updated finishes, and may include furniture, making this an attractive turnkey opportunity for investors.
With a rare combination of permitted improvements, updated units, newer construction, separate utility meters, paid solar, efficient HVAC systems, and strong documented rental income, this property is ideal for investors seeking cash flow, long term appreciation, and a low maintenance multifamily asset. City records and invoices are available to support the permitted work. Conveniently located near shopping, schools, public transportation, and major commuter routes, this is a turnkey multifamily opportunity in the heart of Lancaster.
Do not miss the chance to own a rare 4 unit income property with current market rents, documented leases, and exceptional cash flow potential.
Location
State CA
County Los Angeles
Area Lac - Lancaster
Interior
Interior Features Ceiling Fan(s), Laminate Counters, Recessed Lighting, All Bedrooms Down
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Convection Oven, Disposal, Microwave, Tankless Water Heater, Water Heater, Dryer, Washer
Exterior
Parking Features Assigned, Concrete, Private, One Space, Side By Side, Uncovered
Fence Brick, Wood
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Shingle
Accessibility Parking
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 3138013015
Energy Description 1260.0
Acceptable Financing Cash to New Loan
Green/Energy Cert Solar
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with TOM TRAN HOMECOMING REALTY
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