44943 10th W, Lancaster, CA, 93534

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$570,000
66 Days On Site

44943 10th W
Lancaster, CA 93534

For Sale|Office|Active
0
Beds
0
Total Baths
2,200
SqFt
$259
/SqFt
1961
Built
County:
Los Angeles
Listed by Steve Di Pressi of Urban Resources Consulting steve@urbanresources.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
44943 10th W44943 10th W44943 10th W44943 10th W
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Monthly Payment (Est.)

$2,601
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Attention 1031 Residential Income buyers. Welcome to your next step up - small commercial property, and Triple Net leases, where strong credit tenants pay all the bills, returns are guaranteed, and maintenance, repairs and tenant complaints don't exist! 44943 10th St West is a well located 2200 sq ft building with 11 rooms comprising 8 small offices with rents ranging from $600-$1200 per office. Located within the Lancaster Bl. special entertainment district, the building enjoys city clean up squads, bicycle patrols and all the amenities Lancaster Bl has to offer: Shops, restaurants, theatres, museums, outdoor dining all along the Aerospace walk of fame. Cleanliness and security are high priorities for business friendly government. The building tenants include long term leases with LA County-(HSA); METROLink secured contracts for 2 tenants; the sellers (40 year) thriving business and several local licensed small businesses to spread out diversity and risk. The building comes with adequate (12) parking spaces, two zone central HVAC as well as 8-individual climate controlled ''mini-splits'' in each unit to keep conserve resources and keep costs down. All units, as well as both bathrooms, have been updated to modern laminate or tile flooring. One bathroom includes a bonus shower. The building also includes a small common break area. Seller is offering a sale-leaseback scenario. With a 5 year fully guaranteed, absolute triple net lease, the buyer should have years of all costs: Taxes, Insurance, Utilities, Maintenance, Repairs paid, generating a 10% (10 cap) cash on cash return. Buyer will enjoy equity appreciation and no costs or headaches for the foreseeable future. Try getting that from apartment investments! No broken pipes. No tenant disputes. No leaky roof. No surprise repairs. Just enjoy a 10% return while your property increases in value. Hassle free. You're welcome...

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Listing Snapshot
Price 
$570,000
Days On Site 
66 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,200 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.16 Acres
Year Built 
1961
MLS® Number 
SR26155246
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 months agoListing first seen on site
2 months agoListing updated with changes from the MLS®
General Features
Acres 
0.16
Number Of Stories 
1
Parking Spaces 
12
Property Sub Type 
Office
Special Circumstances 
Standard
SqFt Total 
2200
Utilities 
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Cooling 
Central AirDuctlessElectricWall/Window Unit(s)
Heating 
CentralElectricHeat PumpNatural Gas
Laundry Features 
None
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Exterior Features
Construction Details 
BlockFrameStucco
Fencing 
None
Lot Features 
LevelNear Public TransitRectangular Lot
Roof 
Rolled/Hot Mop
Community Features
MLS Area 
LAC - Lancaster
Financing Terms Available 
Lease Back1031 Exchange


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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