Millman Team Real Estate

$985,000
0.16 Acre Lot

342 E Lancaster Boulevard, Lancaster, California 93535

  • Commercial Sale Property Type
  • 1958 Year Built
Property Description

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.

Basic Details
Commercial Sale
For Sale
SR25208011
$985,000
1958
0.16 Acre
Active
Multi Family
: Tile
Features
: Central
: Wall/Window Unit(s)
: None
: None
: Cable Available, Electricity Available, Sewer Available, Water Available, Natural Gas Available
$0
Address Map
CA
Los Angeles
Lancaster
93535
Lancaster
342
Boulevard
Lancaster Blvd and 3rd St E
LAC - Lancaster
E
Additional Information
$0
$0
$0
$0
$0
3212
: Multi-Family
1
: 6-10 Units/Acre
6
2025-09-12
1
: Public
Broker/Agent Information
JohnHart Real Estate
Manny Morales
Listing Information
F150576627
F0036600
Active
2025-09-13T00:40:27Z
CRMLS
: Standard
2025-09-12T17:17:09Z
Agent info
Ray Millman
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