342 Lancaster, Lancaster CA 93535 | $900,000
Listing provided courtesy of Manny Morales of JohnHart Real Estate. Last updated 2026-01-26 09:27:34.000000. Listing information © 2025 SANDICOR.
Investment Opportunity: 6-Unit Multi-Family Property in Prime Lancaster Location
Presenting a rare opportunity to own a well-maintained 6-unit multi-family residential property in the heart of Lancaster, located at 342 E Lancaster Boulevard. This income-producing asset features a total of 6 bedrooms and 6 bathrooms, with each unit offering 1 bed and 1 bath, ideal for long-term tenants or short-term rentals.
Built in 1958, this 3,212 sq ft building sits on a generous 6,755 sq ft lot, offering plenty of on-site parking and potential for value-add improvements or outdoor communal space. The property combines classic mid-century charm with solid construction and steady cash flow, making it a smart addition to any investment portfolio.
Strategically located on Lancaster Boulevard, this property is just steps from local shops, dining, and public transportation, ensuring high rental demand in a revitalizing downtown corridor. The area continues to benefit from community-focused redevelopment and growing economic activity.
Whether you're a seasoned investor or entering the multi-family market, this turnkey property offers long-term upside and dependable income in one of Lancaster's most promising neighborhoods.
More Details
1 Story
Parking Spots: 6.00
Asset Class: Multi-Family
Cable Available
Electricity Available
Natural Gas Available
Sewer Available
Water Available
Heating: Central
