212 W Kildare Street, Lancaster, CA 93534
Los Angeles County
Key Facts
Description
Rare income producing opportunity in Lancaster! Welcome to 210/212/214/216 W Kildare St, a fully permitted 3 unit property with an JrADU, offering a total of 4 rental units with strong in place income and an estimated cap rate just above 10% at the current list price. This R3 zoned property is the type of cash flowing asset that is extremely hard to find in today's market. The property features four separate electrical meters, four separate gas meters, shared water, and one unit with fully paid solar. All tenants have lease agreements in place, providing immediate rental income from day one. Unit 212 is the main residence, offering 3 bedrooms, 2 bathrooms, approximately 1,409 sq ft, remodeled in 2019, and equipped with central heat and AC. Unit 210 is a 2 bedroom, 1 bath unit completed in 2024 and features a multi-zone split system. Units 214 and 216 are brand new 2025 construction, each offering 2 bedrooms and 1 bathroom with fire sprinklers installed and tankless water heaters. Unit 214 features independent mini-split systems, and Unit 216 features independent mini-split systems plus paid solar. Three out of the four units include split systems in every bedroom, with a combination of independent and multi-zone configurations for added comfort and efficiency. Select units also feature recessed lighting, laminate flooring, updated finishes, and may include furniture, making this an attractive turnkey opportunity for investors. With a rare combination of permitted improvements, updated units, newer construction, separate utility meters, paid solar, efficient HVAC systems, and strong documented rental income, this property is ideal for investors seeking cash flow, long term appreciation, and a low maintenance multifamily asset. City records and invoices are available to support the permitted work. Conveniently located near shopping, schools, public transportation, and major commuter routes, this is a turnkey multifamily opportunity in the heart of Lancaster.
Property Information
Property Type
Residential Income
Year Built
1942
Living Area
3,252 sq ft
Lot Size
0.21 acres
Zoning
R3
Days on Market
5
MLS® Listing#
26005335
Property Features
Cooling
Heating
Construction
Financial Details
Parcel Number
3138-013-015
Directions
Exit Ave J from 14fwy go east, turn left on division st, left on Kildare st , left on side
Affordability Calculator
$197,800
Estimated monthly payment
$5,264/mo
Principal $791,200 · Est. interest $1,103,794 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lancaster, CA
- $482,380
- Median Listing Price
- 48
- Median Days on Market
- 1,737
- Median Sq Ft
- $267
- Median Price / Sq Ft
- 788
- Active Listings
- This home’s price is 105% above the area median.
- Its price per sq ft is 14% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lancaster, CA.
Location
Points of Interest in Lancaster, CA
Showing the Lancaster area map.
Nearby Schools
Antelope Valley High School
Secondary · 0.2 mi away
Find Your Path
School · 0.3 mi away
Five Keys Schools and Programs
School · 0.4 mi away
Antelope Valley Board of Trade
School · 0.4 mi away
Sacred Heart School
Elementary · 0.5 mi away
Desert Winds High School
Secondary · 0.5 mi away
Lancaster School District
Secondary · 0.5 mi away
Lancaster School District
Elementary · 0.7 mi away
Antelope Valley Adventist School
Elementary · 0.7 mi away
El Dorado Elementary School
Elementary · 0.7 mi away
Phoenix High School
Secondary · 0.7 mi away
Antelope Valley Christian Academy
School · 0.8 mi away
Desert Montessori Academy
Elementary · 0.8 mi away
Life Source International Charter
Elementary · 0.8 mi away
Piute Middle School
Secondary · 0.9 mi away
Grace Lutheran Christian School
Elementary · 0.9 mi away
Park View School
School · 1.0 mi away
Lancaster Montessori School
Elementary · 1.0 mi away
Crossroads School
School · 1.1 mi away
Landmark Christian School
School · 1.1 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1011 W Avenue H12, Lancaster, CA | $1,090,000 | 8 | 7 | 3,940 |
| 1011 W Avenue H12, Lancaster, CA | $1,090,000 | 8 | 4 | 3,940 |
| 43731 8th Street E, Lancaster, CA | $1,120,000 | 9 | 9 | 4,468 |
Moving Cost Estimate
EXIT Agents in Lancaster
Listing Courtesy: Moises Salais, Broker - 8184302878