Listed by Erick Escobar•DRE #02041651• Beverly and Company
Contact: 661-998-0477
For sale
$279,000
Est. $1,893/mo —
2
bd
•
2 ba
•
1,300
sq ft
116 Nicobar, Lancaster, CA 93534
About this home
INVESTOR ALERT! RARE MULTI-PROPERTY INVESTMENT OPPORTUNITY IN LANCASTER! 116 Nicobar Street, Lancaster, CA 93534 ONE PURCHASE. MULTIPLE INCOME OPPORTUNITIES. UNLIMITED POTENTIAL! Attention investors, builders, and developers! Here’s your chance to secure an exciting investment opportunity in Lancaster with a duplex that has been stripped down to its interior shell, offering the possibilty of Two bedrooms, one bathroom, living room and kitchen in each seperate unit. PLUS TWO ADDITIONAL LOTS INCLUDED IN THE SALE! 3138-027-003, 3138-027-004 Why settle for one income-producing property when you can invest in a property with the potential for multiple revenue streams? The existing duplex features approximately 1,300 square feet, two units, and separate living spaces, offering an opportunity to generate rental income while planning your next investment move. But the REAL VALUE lies in the expansion potential! Included in this unique offering are TWO ADDITIONAL LOTS, creating an exciting opportunity to explore the construction of additional residential income properties, subject to city approvals, zoning requirements, and permits. Imagine the possibilities: maintain the existing duplex as a rental investment while developing the additional lots to potentially expand your rental portfolio, increase cash flow, and build long-term equity. WHY INVESTORS WILL LOVE THIS OPPORTUNITY: Existing Duplex: Two residential units with rental income potential. Two Additional Lots Included: Valuable land offering potential for future residential development. Multiple Income Streams: Opportunity to expand beyond the existing two units. Build Long-Term Wealth: Explore additional construction to maximize the property’s investment potential. Flexible Investment Strategy: Ideal for buy-and-hold investors, builders, developers, and investors looking to expand their portfolios. Lancaster Location: Situated in an established Antelope Valley community. This is more than a duplex — it’s an opportunity to turn one investment into a larger income-producing real estate portfolio! DON’T JUST BUY AN INVESTMENT PROPERTY — INVEST IN THE POTENTIAL TO BUILD MORE!
Yucca, located between Avenue J and Avenue K, is a residential and desert-edge Lancaster neighborhood with wide arterials and open-sky views. The neighborhood’s character concentrates around the Sierra Highway and Avenue J corridor, where auto shops, taquerias, and small storefronts sit under big desert light. The BLVD in Downtown Lancaster adds a walkable strip of murals, patios, and local storefront energy nearby. Homes lean toward single-story ranch and mid-century forms with generous setbacks and gravel-and-drought-tolerant yards. A short drive north, the Antelope Valley California Poppy Reserve frames spring weekends with sweeping color and wind. Trails and open lots at the edges keep the landscape present in daily routines.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Bedrooms
2 bedrooms, both on the main floor
Bathrooms
2 full bathrooms
Laundry & utility
No laundry facilities
Exterior features
Desert front landscaping
Home design
Duplex
Single-level design
Front entry
Utilities
Public water
Sewer or septic type unknown
HOA & community
Urban community
Electricity and solar
View estimated energy costs and solar savings for this home
Remove and replace the roof on a residential building with composition shingles and new roof sheeting. Install two single-phase electrical panels. The new roof shall not exceed two total layers per code.
Electrical
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 101° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
16 unhealthy days expected this year, 21 days in 30 years
Provided by First Street
Historical weather
Lancaster, CA • 93534
Average low and high temperatures (°F)
61
33
66
41
73
45
74
48
83
57
93
67
97
71
98
72
89
65
83
53
67
41
65
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 116 Nicobar
$278,658
$342 under list price of $279K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $262K to $410K.