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Sold for $293,000
  • Listed by: SDA Properties • Daniel D Alon • Contact: 661-210-3130
    Bought with: Segovia Real Estate Group
    $293,000

    5041 W East 12 Ave, Lancaster, CA 93536

    12beds
    --baths
    1,709sqft
    Duplex
    Built in 1979
    -- sqft lot
    $615,300 Zestimate®
    $171/sqft
    $2,350 Estimated rent

    Home value

    $615,300

    $535,000 - $701,000

    $2,350/mo

    Zestimate® history
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    What's special

    Just Reduced By $37,000! Discover endless possibilities and untapped potential at this remarkable Lancaster property! Prepare to be amazed by the abundance of space, combined with the convenience of PAID SOLAR and multiple structures on the premises. This presents an excellent opportunity for both homeowners and savvy investors, allowing you to reside in one unit while effortlessly generating rental income from the others. Let's delve into the remarkable features that await you: Structure One (5003): Step into an expansive haven featuring a generously proportioned living room, a separate family room for added comfort, and a kitchen boasting ample cabinet space. With four bedrooms and two full baths, this dwelling offers abundant accommodation options for the whole family. Furthermore, you'll find a convenient laundry room and two office spaces, complete with their own half bath. As an added bonus, the other half of this structure features four versatile flex spaces, each accompanied by its own half bath, providing endless possibilities for customization. Structure Two (5001): Unleash your creativity within the five open flex spaces of this structure. Whether you envision a studio, workshop, or recreational area, these flexible spaces offer the perfect canvas for your imagination to flourish. Structure Three: Nestled within the property is a charming 2-bedroom, 1-bath home featuring a galley kitchen, a cozy living room, and a convenient laundry room. This additional dwelling complements the property's diversity and presents further potential for personal use or rental income. Not to mention, you'll find two separate storage units on the lot, ensuring ample space for your belongings, and two wells to cater to your water needs. With over 2.5 sprawling acres at your disposal and no immediate neighbors, the freedom to explore and maximize the property's potential is boundless. To fully grasp the extraordinary opportunities that await, Witness its true splendor and envision the endless possibilities that align with your unique vision. Please note that this extraordinary opportunity is available for CASH or HARD MONEY ONLY, making it an ideal investment prospect for those seeking immediate value. 203 K Renovation loan might be possibly. Don't miss out on this exceptional chance to embrace the future of your dreams.

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel D Alon DRE #01744770 661-210-3130,

    SDA Properties

    Bought with:

    Jenny Segovia, DRE #01331605

    Segovia Real Estate Group

    Source: CRMLS,MLS#: SR23105598MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Gas Dryer Hookup
    Features
    • Has fireplace: Yes
    • Fireplace features: Pellet Stove
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,709
    • Total interior livable area: 1,709 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 2.85 Acres
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 3201009008
    • Zoning: LRSP
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Sewer: Septic Type Unknown
    • Water: None
    • Utilities for property: Water Not Available

    Community & HOA

    Community
    • Features: Rural
    Location
    • Region: Lancaster

    Financial & listing details

    • Price per square foot: $171/sqft
    • Date on market: 6/14/2023
    • Cumulative days on market: 207 days
    • Listing terms: Cash,FHA 203(k)

    Price history

    DateEventPrice
    11/20/2023Sold$293,000-2%$171/sqft
    Source: CRMLS #SR23105598 Report a problem
    11/8/2023Pending sale$299,000$175/sqft
    Source: CRMLS #SR23105598 Report a problem
    10/2/2023Contingent$299,000$175/sqft
    Source: CRMLS #SR23105598 Report a problem
    9/14/2023Price change$299,000-10.2%$175/sqft
    Source: CRMLS #SR23105598 Report a problem
    8/14/2023Listed for sale$333,000$195/sqft
    Source: CRMLS #SR23105598 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 93536

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $615,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $615,300