
Lancaster, California 93534
This Lancaster duplex represents a High-Potential Investment Opportunity, listed at a List Price of $499,000—positioned above the $449,407 Fair Market Value. While the property requires attention to its Fair Condition Rating, the dual-unit configuration offers significant upside. The freshly rehabbed rear unit provides immediate rental income potential, while the front unit offers a value-add opportunity through renovation. With its 3-bedroom, 2-bathroom layout and private yards, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking to leverage house-hacking strategies to offset mortgage costs.
Property is moderate renovation needed.
Built in 1955, this 69-year-old property is well past the 20-year threshold for dated status. While the rear unit has received a recent cosmetic rehab (paint and appliances), the front unit remains a long-term rental likely in older condition, and the exterior/roof show signs of age. It is functional and move-in ready but requires further updates to systems and the primary unit to be considered good.
The property offers significant revenue upside with a vacant, rehabbed rear unit projected at $1,800/month, providing a strong opportunity for immediate cash flow or owner-occupancy.
The rear unit has been freshly rehabbed with new interior paint and brand-new appliances, including a dishwasher and stove, reducing immediate turnover costs.
Both units feature a spacious 3-bedroom, 2-bathroom layout with private backyard areas and indoor laundry rooms, features that are highly sought after by long-term tenants.
The front unit is currently generating only $950 per month, which is significantly below the projected market rate of $1,800, limiting the initial capitalization rate.
Originally constructed in 1955, the property may necessitate ongoing maintenance or upgrades to major systems like plumbing and electrical due to its age.
44101 & 44103 Beech Ave. Charming Lancaster Duplex Updated 3 +2 Rental Property with income potential. Welcome to this excellent income producing Duplex!Fantastic opportunity for both investors and owner-occupants. The property features spacious 3 bedroom, 2 full bath front unit that has been a long-term rental, currently generating $950 per month. The rear unit is now vacant and freshly rehabbed, ready for next tenant.Fresh interior paint, a brand-new dishwasher, and new stove.Move in ready.Private bak yard area in both units and laundry room of the large kitchen.Rear unit could rent for at least $1800 per month.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 9.0 |
| Baths | 0.0 | 5.0 |
| Square foot | 2,050 | 2,756.5 |
| Lot Size | 6,905 | 209,921 |
| Price | $499.0K | $593.0K |
| Price per sq ft | $243 | $237 |
| Built year | 1955 | 1957 |
| HOA | $0 | $0 |
| Days on market | 18 | 92 |
Oct 6, 2026
$499,000
Initial Listing
May 18, 2011
$140,000
Public Record
Apr 29, 2010
$67,500
Public Record
Nov 12, 2002
$114,000
Public Record
Feb 6, 2001
$85,000
Public Record