Excellent investment opportunity! This duplex generates a strong gross income of $51,708/year and offers two spacious units, each featuring 2 bedrooms, 1 full bathroom, and approximately 800 sq.ft. of living space. The front unit was updated with new vinyl plank flooring in 2021 and has been occupied by the same tenant for 4 years, while the back unit houses a long-term tenant. Both tenants are Section 8, ensuring on-time rent payments and stable income. The property also includes a 2-car garage, offering ADU potential or the opportunity for a garage conversion to increase rental income. Located in a high-demand rental area, this duplex offers consistent cash flow, strong tenant stability, and long-term upside. Perfect for any investor looking to secure a solid income-producing asset with built-in value-add options.
Sold for $510,000 on 07/09/25
Listing Provided by:
Alex Duarte DRE #01970077 714-376-9253,
First Team Real Estate
$510,000
1231 W Avenue H15, Lancaster, CA 93534
4beds
2baths
1,625sqft
Duplex
Built in 1954
-- sqft lot
$505,800 Zestimate®
$314/sqft
$2,460 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 09, 2025 at 06:23pm
Listing Provided by:
Alex Duarte DRE #01970077 714-376-9253,
First Team Real Estate
Bought with:
Anil Srivastava, DRE #01215524
Guru Financial
Source: CRMLS,MLS#: OC25101014
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Laundry: Washer Hookup, Electric Dryer Hookup, Inside
Features
- Flooring: Carpet, Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,625
- Total interior livable area: 1,625 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage Faces Side
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Average Condition,Chain Link,Wood
- Has view: Yes
- View description: None
Lot
- Size: 7,542 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 3120031016
- Zoning: LRR2*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Mid-Century Modern
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Drywall, Concrete, Stucco, Wood Siding
- Foundation: Slab
- Roof: Tar/Gravel
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1954
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Connected, Water Available
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Street Lights, Sidewalks
Location
- Region: Lancaster
HOA & financial
Other financial information
- Total actual rent: 51708
Other
Other facts
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Contract,1031 Exchange,FHA,Fannie Mae,Freddie Mac,Government Loan,Submit,VA Loan
- Road surface type: Paved