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44636 Cedar Ave
For Sale $609,990
$609,990
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 10,454 Sq Ft
Description
Exceptional investment opportunity in the heart of Lancaster! 44636-44640 Cedar Ave is a well-maintained duplex offering immediate income potential, strong rental demand, and future value-add opportunities. With two separate units on one lot, this property is ideal for investors looking to expand their portfolio or owner-occupants seeking to offset their mortgage with rental income.
Unit 44636 is a fully renovated 2-bedroom, 1-bathroom residence offering approximately 908 sqft of living space, garage is 486 sqft. Recent improvements include a new roof, new windows, new carpet and flooring throughout, updated lighting fixtures, granite countertops, new cabinetry, and a completely rebuilt garage. Currently vacant, this move-in-ready unit presents an excellent opportunity to secure a tenant at current market rents or occupy the unit yourself.
Unit 44640 features 3 bedrooms, 1 bathroom, and approximately 1,512 sqft of living space, garage is 726 sqft. The unit is currently leased to a long-term tenant on a month-to-month basis, generating providing stable and consistent rental income from day one. Further enchanting the property's appeal are the detached garages, which may offer potential for ADU (Accessory Dwelling Unit) conversion.
Whether you're seeking dependable cash flow, an owner-occupant opportunity, or a property with long-term upside, this versatile duplex combines recent upgrades, existing rental income, and future development potential in a desirable Lancaster location.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $609,990 |
| Property Type | Duplex (2-units) |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 1 spots |
| Year Built | 1919 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 3134022015 |
| MLS # | SR26134467 |
| Property ID | 322956275 |
| Lot Sqft | 10,454 |
| Zoning | Unknown |
| Total Units | 2 |
| Days on Market | 53 |
| Original List Price | $609,990 |
| Date Updated | June 24, 2026 |
| Date Created | June 23, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $23,100 | $0 |
| Net Income (Yr) | $ 0 |
| Cap Rate | 5.4% |
Listing Provided By
Esperanza Marroquin an agent of . Lic #01385504
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of June 24, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT