CA > Lancaster
Lancaster, CA 93534,1807 W Avenue K8
Lancaster, CA 93534,1807 W Avenue K8
Lancaster, CA 93534,1807 W Avenue K8
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$595,000
Est. payment /mo
3 Beds
2 Baths
1,172 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,172 sqft

Price per Sqft $507

MLS Listing ID 25006417

Style Contemporary

Bedrooms 3

Full Baths 2

Year Built 1949

Lot Size 0.370 Acres

Acres 0.37

Property Sub-Type Single Family Residence

Source Greater Antelope Valley Association of REALTORS®

Land Area 1172

Property Description

Excellent ADU development opportunity! This property is strategically located in the heart of West Lancaster, very close to the 14 Freeway. Its 16,087 sqft corner lot features an expansive frontage area alongside Avenue K8. The city recently completed infrastructure and sidewalk improvements alongisde Avenue K8. Currently on the lot is a 3+2 single family home, rented at $1,974/month to a longtime tenant. There is also a detached garage that is believed to have water/sewage connections capped off and present, and a large metal carport. Lastly, there is a large unused area of the lot to the west of the carport. With this arrangement, this property may be the perfect candidate to leverage California's ADU laws. The ideal scenario would be to keep the existing house as a rental (and either raise the rent or replace the current tenants with higher-paying tenants), build a ground-up or modular ADU on the excess land at the west side of the property, and convert the existing detached garage into a Junior ADU. The detached garage would likely be an easy ADU conversion since the structure is already present. The excess land is perfect for a new construction ADU, as it would sit far away the other 2 units and would have its own driveway off the street. The tenants can utilize the existing carport for shared parking. Upon completion, this property has the potential to become an excellent triplex with 3 detached units, and this can be done without any zoning changes because of the ADU laws. In the meantime, while waiting for city approvals (believed to expedited under the ADU laws) and for the construction to take place, the developer can collect rent from the existing tenants and avoid having ''dead money'' tied up in a vacant lot. In all, it's hard to find a better ADU candidate than this property, with its detached garage and ample land for a new construction ADU. If you've been looking for the ideal property to build ADU's and generate cash flow, you've found it.

Location

State CA

County Los Angeles

Zoning R-7000

Direction Northwest corner of K8 and 18th west.

Interior

Cooling Central Air/Refrig

Fireplace No

Appliance Gas Oven, None

Exterior

Garage Spaces 2.0

Pool None

Roof Type Composition

Street Surface Paved

Building

Lot Description Rectangular Lot, Corner Lot

Building Description Frame, true

Story 1

Foundation Slab

Water Stock/Mutual

Architectural Style Contemporary

Structure Type Frame

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agent

Ron Taibi

+1(661) 212-1135

Agent | License ID: 01240158

Agent License ID: 01240158

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