About 1231 Avenue H15
Excellent investment opportunity! This duplex generates a strong gross income of $51,708/year and offers two spacious units, each featuring 2 bedrooms, 1 full bathroom, and approximately 800 sq.ft. of living space. The front unit was updated with new vinyl plank flooring in 2021 and has been occupied by the same tenant for 4 years, while the back unit houses a long-term tenant. Both tenants are Section 8, ensuring on-time rent payments and stable income. The property also includes a 2-car garage, offering ADU potential or the opportunity for a garage conversion to increase rental income. Located in a high-demand rental area, this duplex offers consistent cash flow, strong tenant stability, and long-term upside. Perfect for any investor looking to secure a solid income-producing asset with built-in value-add options.
Features of 1231 Avenue H15
| MLS® # | OC25101014 |
|---|---|
| Price | $500,000 |
| Bathrooms | 0.00 |
| Acres | 0.17 |
| Year Built | 1954 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Style | Mid-Century Modern |
| Status | Pending |
Community Information
| Address | 1231 Avenue H15 |
|---|---|
| Area | LAC - Lancaster |
| City | Lancaster |
| County | Los Angeles |
| State | CA |
| Zip Code | 93534 |
Listing Map
Amenities
| Utilities | Electricity Available, Sewer Connected, Water Available |
|---|---|
| Parking Spaces | 2 |
| Parking | Driveway, Garage Faces Side |
| # of Garages | 2 |
| Garages | Driveway, Garage Faces Side |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Carpet, Vinyl |
|---|---|
| Heating | Heat Pump |
| Cooling | Heat Pump |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | None |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior | Drywall, Concrete, Stucco, Wood Siding |
|---|---|
| Lot Description | TwoToFiveUnitsAcre |
| Roof | Tar/Gravel |
| Construction | Drywall, Concrete, Stucco, Wood Siding |
| Foundation | Slab |
Additional Information
| Date Listed | May 6th, 2025 |
|---|---|
| Days on Market | 9 |
| Zoning | LRR2* |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Alex Duarte |
|---|---|
| Office | First Team Real Estate |