1232 W Avenue H7
About This Property
Welcome to this stunning, newly remodeled home located on a quiet cul-de-sac in desirable West Lancaster. This spacious property offers plenty of room for a large or growing family, and is also an excellent investment opportunity for rental income.
Originally 5-bedroom, 3-bathroom home per public records, the property has been professionally converted to 7 bedrooms, providing incredible flexibility for multi-generational living or maximizing rental potential. Unique floor plan with 2 bedrooms on the first floor, and 5 bedrooms on the 2nd floor
Step inside to find a freshly updated interior and exterior featuring:
Brand-new paint
New flooring throughout
A modern kitchen with new cabinets
Brand new bathroom vanities and mirrors
New Stucco Paint
Outside, enjoy attractive river rock landscaping in the front yard and a spacious 3-car garage-perfect for extra storage or a home workshop.
Prime Location: Conveniently close to the freeway, shopping centers, and schools, this home offers easy access to everything Lancaster has to offer.
Don't miss out on this rare opportunity to own a large, move-in ready home in one of West Lancaster's most sought-after neighborhoods!
Schedule your showing today!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2025 | Sold | ||
| Sold | |||
| Sep 26, 2025 | In contract | - | |
| In contract | |||
| Sep 14, 2025 | Listed by FIRST PACIIFIC REALTY | $545,000 | |
| Listed by FIRST PACIIFIC REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017