Properties
Lancaster, CA 93535 3121 E I Avenue
$1,100,000
43 more
Presented By: James Kelsey with Century 21 Masters-Arroyo Grande; 805-709-4828
SQFT • 4,500
Home Details
Rare opportunity to own this desirable multiple tenant investment property in Lancaster. All tenants are on modified gross leases. American Medical Response, Verizon wireless cellular antenna and Dura-Bilt homes have been in this location for many years. This property has a stable diversified income stream for an investor. The current annual NOI is roughly $67,000, which makes it a solid 6% cap rate property.
Presented By: James Kelsey with Century 21 Masters-Arroyo Grande; 805-709-4828
Interior Features for 3121 E I Avenue
Other Interior Features
Laundry FeaturesLaundryRoom
Total Stories1
Other Rooms
Entry Level1
General for 3121 E I Avenue
Additional Parcels Description3114-014-015
Additional Parcels Y/NNo
Building Area UnitsSquareFeet
Cap Rate6.1
CityLancaster
CountyLos Angeles
Current FinancingNone
Current UseIndustrial
Directionshwy 14
Listing TermsExchange1031
Lot Size Square Feet107991
Lot Size UnitsSquareFeet
MLS AreaLAC - Lancaster
Net Operating Income67317
Number Of Units Total5
Number of Units Leased3
Occupancy TypeTenant
PostalCityLANCASTER
Property Sub Type AdditionalIndustrial
Property SubtypeIndustrial
Property TypeCommercialSale
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Exterior for 3121 E I Avenue
Building Area Total4500
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres2.4791
Lot Size Area107991
Number of Buildings5
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
