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    42116 50th Street W

    Lancaster, CA 93536
    • $1,299,000
    • STATUS: Active
    • ON SITE: 53 days
    • ID#: SR21002182
    UPDATED: 40 min ago
    $1,299,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,128
      SQFT
    • $212
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1987
    County:

    School Ratings & Info

    Description

    What an incredible opportunity for the right investor! Building is fully occupied and has been operating through out the Covid-19 problem. The tenants have been tenants for many years, although ALL are currently on month to month. Owner has replaced the entire roof in the past 12 years. All AC/FAU roof mounted units have been replaced (except one). Property has front street parking and rear building parking and access. (with back door access to every unit). There is plenty of additional parking (access off Avenue L-14). Though rents are somewhat low, this may be just the great location that you're looking for, downtown commercial. Two southern units were "Desert Star Dance Studio" for decades, now occupied by Fit Trainer & Quartz Hill Yoga. North half fully occupied by 5th Avenue Hair Salon. All excellent tenants who have all with flexibility weathered the covid. Sale is subject to seller 1031 Tax Deferred Exchange(up-leg already identified). Awesome location & property for investors! This may be just what you are looking for! Submit all offers.

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    Based on information from CRISNet MLS as of 2021-02-28T19:56:11.01. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-02-28T19:56:11.01. 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.
    www.lydiagable.com/homes/113023121
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    42116 50th Street W Lancaster, CA 93536

    • Price: $1,299,000
    • Status: Active
    • Updated: 40 min ago
    • ID#: SR21002182
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    6,128
    SQFT
    $212
    $/SQFT
    1987
    Built
    Neighborhood:
    Lac - Lancaster
    County:
    Los Angeles
    Area:
    Lac - Lancaster
    Property Description
    What an incredible opportunity for the right investor! Building is fully occupied and has been operating through out the Covid-19 problem. The tenants have been tenants for many years, although ALL are currently on month to month. Owner has replaced the entire roof in the past 12 years. All AC/FAU roof mounted units have been replaced (except one). Property has front street parking and rear building parking and access. (with back door access to every unit). There is plenty of additional parking (access off Avenue L-14). Though rents are somewhat low, this may be just the great location that you're looking for, downtown commercial. Two southern units were "Desert Star Dance Studio" for decades, now occupied by Fit Trainer & Quartz Hill Yoga. North half fully occupied by 5th Avenue Hair Salon. All excellent tenants who have all with flexibility weathered the covid. Sale is subject to seller 1031 Tax Deferred Exchange(up-leg already identified). Awesome location & property for investors! This may be just what you are looking for! Submit all offers.
    Property Features

    Additional Parcels YN No Building Status Existing Laundry Features Electric Dryer HookupWasher Hookup Property Sub Type Retail Special Listing Conditions Standard Water Source Public

    Listing provided courtesy of Susan Marmon, CA DRE# 00856355, of Suburban Realty.


    Based on information from CRISNet MLS as of 2021-02-28T19:56:11.01. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-02-28T19:56:11.01. 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.
     
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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377