$765,000
●
House -
Off Market
1506 W Avenue L12
Lancaster, CA 93534
4 Beds
4 Baths
3,798 Ft²
$3,855
Est. Monthly
About This Property
Two homes! One opportunity! Rare dual-residence estate on 1.44
acres!!! This Tudor-style main home offers approx. 3,798 sq ft, a
great room with beamed ceilings, sunroom, chef's kitchen, and
luxurious primary suite. Interior upgrades include hardwood floors,
new carpet, and modern finishes. A separate 900 sq ft guest house
(ADU) features 1 bed, 1 bath, full kitchen, living room, and
laundry-ideal for rental or extended family. Enjoy RV access, a
2-car garage, and fenced yard. Located in a peaceful Lancaster
neighborhood with easy freeway access. Perfect for
multigenerational living or income potential! MUST SEE!!!
Unit Size
3,798 Ft²
Days on Market
74 days
Land Size
1.44 acres
Price per sqft
$207
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1981
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (CRMLS #SR25143186)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2025 | Sold | ||
| Sold | |||
| Jul 10, 2025 | In contract | - | |
| In contract | |||
| Jun 22, 2025 | Listed by Redfin Corporation | $785,000 | |
| Listed by Redfin Corporation | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Dec 3, 2020 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Lancaster
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Listed by: Liliana Pineda, Redfin Corporation
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SR25143186
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SR25143186
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