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$510,000

  • Sold
  • Closed
  • Multi-Family
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Excellent investment opportunity! This duplex generates a strong gross income of $51,708/year and offers two spacious units, each featuring 2 bedrooms, 1 full bathroom, and approximately 800 sq.ft. of living space. The front unit was updated with new vinyl plank flooring in 2021 and has been occupied by the same tenant for 4 years, while the back unit houses a long-term tenant. Both tenants are Section 8, ensuring on-time rent payments and stable income. The property also includes a 2-car garage, offering ADU potential or the opportunity for a garage conversion to increase rental income. Located in a high-demand rental area, this duplex offers consistent cash flow, strong tenant stability, and long-term upside. Perfect for any investor looking to secure a solid income-producing asset with built-in value-add options.

Full Property Details for 1231 W Ave H15

General

  • Sold For: $510,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: OC25101014
  • Added to Site: 292 day(s) ago

Interior

  • Rooms/Areas: Kitchen, Living Room
  • Fireplace(s): None
  • Appliances: None
  • Flooring: Carpet, Vinyl

Rooms

Other Rooms

  • Laundry: Electric Dryer Hookup, Inside, Washer Hookup

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage Faces Side
  • Parking: Driveway, Garage Faces Side

Location

  • Area: LAC - Lancaster
  • County: Los Angeles
  • Development Name: LAC - Lancaster
  • Driving Directions: North of W. Avenue I and East of 13th st west
  • Direction Faces: South

Heating & Cooling

  • Cooling Type: Heat Pump
  • Heating Type: Heat Pump

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 2
  • # Electric Meters: 2

Structural Information

  • Architectural Style: Mid Century Modern
  • Foundation: Slab
  • Roof: Tar/Gravel
  • Entry Location: 1
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 1,625
  • Year Built: 1954

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.1731
  • Lot Size Source: Assessor
  • Zoning: LRR2*
  • Lot Description: 2-5 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $313.85
  • Price Per Unit: 250000

Disclosures and Reports

  • Exclusions: Tenant belongings

Listed by First Team Real Estate, Alex Duarte
Sold by Guru Financial, Anil Srivastava

Listing agent

— 1231 W Ave H15 —

  • Alex Duarte

    First Team Real Estate

714-376-9253

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1231 W Ave H15

School Districts:Lancaster Elementary School District, Antelope Valley Union Joint High School District
NameGradesDistance
Desert View Elementary School
1555 West Avenue H-10, Lancaster, CA 93534
K-60.5 mi
Piute Middle School
425 East Avenue H, Lancaster, CA 93535
6-81.9 mi
Antelope Valley High School
44900 Division Street, Lancaster, CA 93535
9-123.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1231 W Ave H15

Date
Details
Price
Change
Source
7/09/2025
Sold
$510,000
2%
MLS
5/06/2025
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by First Team Real Estate, Alex Duarte
Sold by Guru Financial, Anil Srivastava

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1231 W Avenue H15, Lancaster, CA 93534 (MLS# OC25101014) is a Multi-Family property that was sold at $510,000 on July 09, 2025. Want to learn more about 1231 W Avenue H15? Do you have questions about finding other Multi-Family real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.