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43442 6th, Lancaster, California 93535, Lancaster, 93535 - bed, bath

43442 6th, Lancaster, California 93535 home-pic-0
ACTIVE$1,149,000
43442 6th, Lancaster, California 93535
0Bed
0Bath
2,912Sqft
30,237Lot
Year Built
1957
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$395
HOA
-
Days on market
-
Sold On
-
MLS number
SR25216537
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.15M(80th), sqft - 2912(60th), beds - undefined(50th), baths - undefined(50th).

43442–43448 6th St, Lancaster, CA 93535 4 Homes on One Lot – Income Producing Investment Property ?? Situated on a large 0.69-acre lot with a combined 2,912 sq. ft. of living space, this unique property offers four separate single-family homes, each with private yards and their own utilities (tenants pay gas, electricity, and trash; owner pays water). ? All units are occupied – two tenants are Section 8 (with yearly rent increases). ? Homes are separated for privacy, each with their own backyard. ? Cooling systems: all have swamp coolers, except 43444 6th St which has a mini-split A/C. Rental Income Breakdown: 43442 6th St – $2,611/month 43444 6th St – $2,209/month 43446 6th St – $1,995/month 43448 6th St – $2,225/month ?? Total Monthly Rental Income: $9,040 ?? Total Annual Rental Income: $108,480 This is a rare multi-home investment opportunity in Lancaster with strong rental income and government-backed tenants for stability. Owner holds Real Estate License

Price History

Date
Event
Price
09/12/25
Listing
$1,149,000
Condition Rating
Fair
Built in 1957, this property is over 60 years old. While the kitchens and bathrooms appear to have received some updates (newer tile surrounds, white cabinets, basic appliances, recessed lighting in some areas), these updates are functional but not modern or high-end. The presence of swamp coolers (except for one mini-split A/C) indicates older cooling systems. The overall aesthetic and basic finishes suggest renovations likely occurred 15-30 years ago, or are budget-friendly updates to keep the units rentable. The exterior and landscaping are very basic. The property is maintained and livable, but shows its age and is not fully updated to current standards, fitting the 'Fair' category.
Pros & Cons

Pros

Significant Income Generation: The property generates a strong total annual rental income of $108,480 from four fully occupied units, providing robust cash flow potential.
Rare Multi-Unit Configuration: A unique quadruplex setup with four distinct single-family homes on one large lot offers diversified income streams and reduced vacancy risk compared to single-unit investments.
Stable Tenant Base: Two of the four units are occupied by Section 8 tenants, ensuring government-backed rental income stability and predictable yearly rent increases.
Reduced Operating Costs: Tenants are responsible for gas, electricity, and trash utilities, minimizing the owner's operational expenses and improving net operating income.
Generous Lot Size & Privacy: Situated on a substantial 0.69-acre lot, each home benefits from its own private yard, enhancing tenant appeal and potentially offering future value-add opportunities.

Cons

Suboptimal Cooling Systems: Most units rely on less efficient swamp coolers, with only one unit featuring a mini-split A/C, which may lead to higher tenant energy costs or future upgrade requirements for modern cooling.
Property Age & Potential Maintenance: Built in 1957, the age of the properties suggests potential for increased maintenance, outdated infrastructure, and higher capital expenditure needs over time.
Owner-Paid Water Utility: The owner's responsibility for water costs across all four units could represent a notable and fluctuating expense, impacting overall profitability.

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