45110 Elm Avenue

Lancaster, CA 93534

$519,000
Last Sold Price
5
Beds
4
Baths
1,725 Sq. Ft.
$301 / Sq. Ft.
1,725
Sq. Ft.
$301
per Sq. Ft.

Description

The address at the street reads: 45114 elm ave. ONE UNIT (3+2 house) CAN RENT AS HIGH AS $2200/mo - POSSIBLY $3,000/mo, SECOND UNIT PAYS $750/m AND THIRD UNIT PAYS $750/mo. The tenants stay with the property at time of purchase. Each unit has it's own utility meter for gas and electric. However, they all share the water meter. There are laundry hook ups in the front house a 3+2 unit. There are no laundry facilities for the two 1+1 units. The front house has two off street parking slots. The two studio...The address at the street reads: 45114 elm ave. ONE UNIT (3+2 house) CAN RENT AS HIGH AS $2200/mo - POSSIBLY $3,000/mo, SECOND UNIT PAYS $750/m AND THIRD UNIT PAYS $750/mo. The tenants stay with the property at time of purchase. Each unit has it's own utility meter for gas and electric. However, they all share the water meter. There are laundry hook ups in the front house a 3+2 unit. There are no laundry facilities for the two 1+1 units. The front house has two off street parking slots. The two studio units each have one carport stall. SPECIFICS: MAIN HOUSE CAN RENT AS HIGH AS $2200+, STUDIOS AT $750 & $750 A MONTH; last date of rent increase - EVERY FEB EACH YEAR; tenants are current with rents. Expenses paid by landlord other than taxes and insurance - WATER AT $50/MO & TRASH AT $50/MO Approximately; the approximate size of each unit - House is about 1125q ft, other two units are each about 300 sq ft. The square footages are estimates and buyer to rely on own findings. The buyer must be responsible for own investigations as to size of dwellings and lot. The garage might be able to be converted into to an adu, however the buyer is to verify this with the local building and safety department, but if approved this would create more income. The roof on the main house is new.
  1. Listed by Michael Green • DRE #00981395 • Brokerage DRE #01375100 • Michael Green Realty & Inv.

Property Details for 45110 Elm Avenue

View
None
Parking Spaces Total
4
Private Pool
No
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1725
Assessor Parcel Number
3134-001-011

Location

Listing Courtesy of Michael Green Realty & Inv., Michael Green, DRE #00981395

Sold By Keller Williams Realty-Studio City, George Kpachavi, DRE #01839703

Add your commute
LISTING UPDATED: 04/18/2023 11:20 AM

Property Details for 45110 Elm Avenue

StatusClosed
MLS #SR22222675
Days on Market184
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1949
Lot Size0.20 AC / 8,849 SF
CountyLos Angeles County

Location

Listing Courtesy of Michael Green Realty & Inv., Michael Green, DRE #00981395

Sold By Keller Williams Realty-Studio City, George Kpachavi, DRE #01839703

Add your commute

Building Information for 45110 Elm Avenue

Stories1Residences-Year Built1949Building Size-Lot Size0.20 AC / 8,849 SF

Payment Calculator

$3,127 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,832

Property Taxes

$295

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 45110 Elm Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $34,200
  • Gross Scheduled Income: $34,200
  • Net Operating Income: $31,800
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $2,400
  • Insurance Expense: $1,200
  • Trash Expense: $600
  • Water Sewer Expense: $600
  • Total Expenses: $2,400
Tax / Assessment Info
  • Tax Block: 27
  • Tax Tract Number: 9008
  • Tax Census Tract: 9008.06
  • Tax Lot: 011
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Closet
Exterior Features
  • Roof: Composition
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: Front Yard, Lot 6500-9999
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $750
  • Unit Type Total Rent: $750
  • Unit Type Pro Forma: 950
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $750
  • Unit Type Total Rent: $750
  • Unit Type Pro Forma: 950
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 45110 Elm Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 45110 Elm Avenue

Taxable ValueLand$34,747Additions$124,867Total$159,614
Tax Record2023$3,538 ($295 / month)
Home Facts
Total Finished SqFt1,497 SqFtAbove Grade Finished SqFt1,497 SqFtLot Size8,849 SqFtStyleTriplexYear Built1949ZoningLRR2*CountyLOS ANGELESAPN3134-001-011

Schools near 45110 Elm Avenue

This home is within Antelope Valley Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Monte Vista Elementary School
PublicK to 5

Amargosa Creek Middle School
Public6 to 8

Antelope Valley High School
Public9 to 12

RISE
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Michael Green Realty & Inv., Michael Green, DRE #00981395

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the 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. For the avoidance of doubt, 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.