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Listed by James Kelsey • Century 21 Masters-Arroyo Grande
$ 1,100,000
Est. payment /mo
Active
3121 East I Avenue Lancaster, CA 93535
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID PI-25188471
Property Sub-Type Industrial
Property Description
Rare opportunity to own this desirable multiple tenant investment property in Lancaster. All tenants are on modified gross leases. American Medical Response, Verizon wireless cellular antenna and Dura-Bilt homes have been in this location for many years. This property has a stable diversified income stream for an investor. The current annual NOI is roughly $67,000, which makes it a solid 6% cap rate property.
Location
State CA
County Los Angeles
Area Lac - Lancaster
Interior
Laundry Individual Room
Building
Lot Description 2-5 Units/Acre
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