This thoughtfully designed and well-maintained four unit property offers exceptional versatility and strong income potential. The front unit is a spacious, upgraded vacant 2 bedroom, 1 bath residence that lives like a single-family home perfect for owner occupancy or commanding top market rent. Attached to the front is a private studio with its own separate entrance, providing added rental flexibility. The property also features 2 more studios well proportioned with own private bath, appealing to a broad tenant base. Each unit is separately metered for gas and electric, ensuring efficient operations and ease of management. Tenants benefit from two covered alley-access parking spaces, while a detached two-car garage with individual single doors offers additional parking, storage, or potential value-add opportunities. Pride of ownership throughout, this property is ideally suited for investors seeking strong and reliable cash flow, long-term appreciation, and a high quality multifamily asset in a solid rental market.
For sale
Price increase: $14K (7/24)
$639,000
45110 Elm Ave, Lancaster, CA 93534
2beds
4baths
1,697sqft
Multi Family
Built in 1949
-- sqft lot
$628,500 Zestimate®
$377/sqft
$-- HOA
What's special
- 24 days |
- 109 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
George Kpachavi DRE #01839703 310-525-0528,
LPT Realty
Source: GAVAR,MLS#: 26005830
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
Interior area
- Total structure area: 1,697
- Total interior livable area: 1,697 sqft
Property
Lot
- Size: 8,712 Square Feet
Details
- Parcel number: 3134001011
- Zoning: LRR2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Stucco
- Roof: Composition
Condition
- Year built: 1949
Community & HOA
Location
- Region: Lancaster
Financial & listing details
- Price per square foot: $377/sqft
- Tax assessed value: $560,000
- Date on market: 7/28/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
Estimated market value
Zestimate®
$628,500
Estimated sales range
$597,000 - $660,000
Rent Zestimate®
$1,593/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Price change | $639,000+2.2%$377/sqft |
Source: | ||
| 1/27/2026 | Listed for sale | $625,000+11.6%$368/sqft |
Source: | ||
| 7/22/2025 | Sold | $560,000+3.9%$330/sqft |
Source: | ||
| 6/8/2025 | Contingent | $539,000$318/sqft |
Source: | ||
| 5/23/2025 | Listed for sale | $539,000+3.9%$318/sqft |
Source: | ||
| 10/10/2024 | Listing removed | $2,600$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/30/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/17/2023 | Price change | $2,600-7.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/19/2023 | Sold | $519,000$306/sqft |
Source: Public Record Report a problem | ||
| 4/18/2023 | Pending sale | $519,000$306/sqft |
Source: | ||
| 4/7/2023 | Listed for sale | $519,000$306/sqft |
Source: | ||
| 4/4/2023 | Contingent | $519,000$306/sqft |
Source: | ||
| 3/27/2023 | Listed for rent | $2,800$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/30/2022 | Price change | $519,000-1.1%$306/sqft |
Source: | ||
| 11/28/2022 | Price change | $525,000-0.4%$309/sqft |
Source: | ||
| 10/14/2022 | Listed for sale | $527,000+379.1%$311/sqft |
Source: | ||
| 12/28/2000 | Sold | $110,000$65/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $560,000 +3.6% |
| 2025 | $8,263 +3.2% | $540,287 +2% |
| 2024 | $8,003 +126.2% | $529,700 +231.9% |
| 2023 | $3,538 +1.6% | $159,614 +2% |
| 2022 | $3,481 +1.7% | $156,491 +2% |
| 2021 | $3,423 +0.9% | $153,430 +1% |
| 2020 | $3,392 | $151,861 +2% |
| 2019 | $3,392 +2.8% | $148,890 +2% |
| 2018 | $3,299 | $145,978 +2.2% |
| 2017 | $3,299 +1% | $142,802 +2% |
| 2016 | $3,267 +3.5% | $140,003 +1.5% |
| 2015 | $3,158 -9.5% | $137,901 -16.4% |
| 2014 | $3,488 | $165,000 +27.5% |
| 2011 | -- | $129,366 +0.8% |
| 2010 | -- | $128,401 -0.2% |
| 2009 | -- | $128,707 +2% |
| 2008 | -- | $126,184 +2% |
| 2007 | -- | $123,711 +2% |
| 2006 | -- | $121,286 |
| 2005 | -- | $121,286 +4% |
| 2004 | -- | $116,579 +3.9% |
| 2002 | -- | $112,200 +75.6% |
| 2000 | -- | $63,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: North Downtown
Nearby schools
GreatSchools rating
- 2/10Monte Vista Elementary SchoolGrades: K-5Distance: 0.6 mi
- 3/10Amargosa Creek Middle SchoolGrades: 6-8Distance: 2.3 mi
- 3/10Antelope Valley High SchoolGrades: 9-12Distance: 0.8 mi
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