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Updated about 7 years ago,
Three SFR Rentals for Sale - Package Deal - Lancaster, CA
I am looking to sell directly to a fellow investor interested in purchasing three excellent cash flowing SFRs. I have spent the last 2 1/2 years renovating, cultivating and stabilizing all three properties, and the only reason I am selling now is because of other opportunities closer to home coming up in the latter half of this year. Please DM or call me to discuss specific addresses, but here is a breakdown of all three...
W. H14, 93534
This has undergone a substantial renovation since purchase, and I chose poorly for the first set of tenants, but the second tenancy has been perfect. Tenants are paying $1,350/Month and have a lease in place until April 31, 2019. They pay all utilities as well. The house is in great shape and has a nice front and backyard, and besides some annual tree cutting and maintenance, it's well stabilized now. Pics attached.
W. J12, 93534
This underwent an even bigger renovation at time of purchase, and I've thrown all the necessary money at it since then to get it perfect. That includes decomposed granite landscaping in front of house, tree cutting and removal, doors replaced, and a slew of other little things that make it shine now, with very happy tenants. They also pay $1,350/Month but are currently month to month and the house could easily get more in rent now. I agreed to do gardening once a month, but tenant pays all other utilities. Pics attached.
W. Ivyton, 93534
This house has bonus footage that doesn't show on title. I inherited great, but underpaying tenants when I purchased the house, and they are still fantastic, though paying well under market. $1,050/Month and lease is in place until June 30, 2018. I did not do any renovations are time of purchase -- didn't have to -- and since then it's been minor maintenance for the past few years, though I substantially trimmed down trees for safety reasons. The house will need a very minor renovation if intention is to rent to other tenants in later half of year, but you will get a substantial leap in the rent as well. Tenant pays all utilities.
I am eager and happy to share the past two year pro formas with anyone seriously interested, so please DM or call me at 323-306-3296. Thank you.