212 W Kildare Street, Lancaster, CA 93534
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
212 W Kildare Street,Lancaster, CA 93534
$979,000
- - Beds
- - Baths
- 3,252 sq. ft.
- Multi-family
- Active
Listed by: adela salais
Office: dream big realty818-430-2878
MLS#:SR26146946
Source:CRMLS
Price summary
- Price:$979,000
- Price per sq. ft.:$301.05
About this home
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.
Do not miss the chance to own a rare 4 unit income property with current market rents, documented leases, and exceptional cash flow potential....
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Home facts
- Year built:1942
- Listing ID #:SR26146946
- Added:1 day(s) ago
- Updated:July 09, 2026 at 11:35 PM
Rooms and interior
- Flooring:Laminate
- Kitchen Description:Convection Oven, Disposal, Microwave
- Living area:3,252 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall Window Units
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1942
- Building area:3,252 sq. ft.
- Lot area:0.21 Acres
- Architectural Style:Bungalow
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$979,000
- Price per sq. ft.:$301.05
Features and amenities
- Appliances:Convection Oven, Disposal, Dryer, Washer
- Laundry features:Dryer, Washer
- Amenities:All Bedrooms Down, Ceiling Fans, Laminate Counters, Recessed Lighting, Tankless Water Heater, Water Heater
Parking
- Total parking spaces:4
- Parking description:Assigned, Concrete, One Space, Private, Side By Side, Uncovered
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