43608 Stanridge Avenue, Lancaster, California 93535
- Residential Property Type
- 94 Days Time on market
- $223 Price per sqft
- 1974 Year Built
Just Reduced $10,000 for an even stronger CAP! Searching for the ideal investment or a cozy place to call home? Check out this inviting 2-bedroom, 2-bathroom condo offering 1008 sq. ft. of thoughtfully designed living space. Conveniently located near shops, dining, and entertainment, with quick freeway access for an easy commute. This well-kept property features assigned parking, secure building entry, in-garage laundry, and a private patio for unwinding. Whether you’re looking to move in or boost your investment portfolio, this condo shines with a strong 7.25% CAP rate. The current tenant, paying $2,295/month ($27,540 annually), is content to stay or move with proper notice. Don’t miss this income-generating gem! This property is part of a 6-Property Investment Portfolio, they can be purchased individually or combined with the other units and generate a combined 5.92% CAP. To purchase all the properties in the portfolio please reach out for the list of homes and pricing.