Investment Opportunity: 6-Unit Multi-Family Property in Prime Lancaster Location Presenting a rare opportunity to own a well-maintained 6-unit multi-family residential property in the heart of Lancaster, located at 342 E Lancaster Boulevard. This income-producing asset features a total of 6 bedrooms and 6 bathrooms, with each unit offering 1 bed and 1 bath, ideal for long-term tenants or short-term rentals. Built in 1958, this 3,212 sq ft building sits on a generous 6,755 sq ft lot, offering plenty of on-site parking and potential for value-add improvements or outdoor communal space. The property combines classic mid-century charm with solid construction and steady cash flow, making it a smart addition to any investment portfolio. Strategically located on Lancaster Boulevard, this property is just steps from local shops, dining, and public transportation, ensuring high rental demand in a revitalizing downtown corridor. The area continues to benefit from community-focused redevelopment and growing economic activity. Whether you're a seasoned investor or entering the multi-family market, this turnkey property offers long-term upside and dependable income in one of Lancaster's most promising neighborhoods.
Off market
Zestimate®
$956,000
342 E Lancaster Blvd, Lancaster, CA 93535
6beds
6baths
3,212sqft
Multi Family
Built in 1958
-- sqft lot
$956,000 Zestimate®
$298/sqft
$2,372 Estimated rent
Owner options
What's special
Zillow last checked: November 20, 2025 at 11:13pm
Source: JohnHart Real Estate,MLS#: SR25208011
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Features
- Has basement: No
Interior area
- Total structure area: 3,212
- Total interior livable area: 3,212 sqft
Property
Lot
- Size: 6,969 sqft
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1958
Community & neighborhood
Location
- Region: Lancaster
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$956,000