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Lancaster Apartments

504 W Avenue J4 | Lancaster, CA 93534

  • BUILT IN 1985
  • NO RENT CONTROL
  • LARGE UNITS
  • MAJORITY TWO
    BEDROOMS
  • INDIVIDUAL GARAGES

The subject property is unique in its style. There are multipe attached single story buildings with a mix of one and two bedroom apartments. All the buildings have pitched roofs. The units were built in 1985 and have attached individual garages that allow entry through the garage as well as the typical front exterior door. Once inside the units have a modern open feel, the units present themselves more as a home than an apartment. Some amenities included are central air, water heater, dishwasher, garbage disposal, cable TV, etc. Most importantly, these units will most likely rent before your competition due to the style, layout and unique amenities.

The perimeter is fenced and access is on Avenue J4 through a mechanized main gate and a manual emergency gate exiting on to W Avenue J5. In addition to individual garages, there are open and carport parking on site. The lot is over 50,000 square feet, the open area is either paved parking / driveway or landscaped.

Most important is the ease of management and above average return and occupancy. The property is in good condition and non-rent controlled. At the offering price the return and occupancy is above average and makes this a must have for the investor looking for a stabile return in today’s volatile market.


. . Ziv Kozaski
Vice President

818 822 2626
zkozaski@naicapital.com
DRE #01414758
Mike Dixon
Vice President
818 261 3615
mdixon@naicapital.com
DRE #01825335

No warranty, express or implied, is made as to the accuracy of the information contained herein. This information is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and is subject to any special listing conditions imposed by our principals.  Cooperating brokers, buyers, tenants and other parties who receive this document should not rely on it, but should  use it as a starting point of analysis, and should independently confirm the accuracy of the information contained herein through a due diligence review of the books, records, files and documents that constitute reliable sources of the information described herein.
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