For sale Townhouse

Listed Oct 27, 2026

$279,000 Est. $1,845/mo

116 Nicobar

  • 2

    Beds

  • 2

    Baths

  • 1,300

    Sq ft

The story

  • Pool

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! Heres 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

Facts & features

Home type

Townhouse

Year built

1957

Floors

1

Price per sq ft

$215

Included features

  • Pool

    Yes

  • Fireplace

    Yes

  • Cooling

    N/K

  • Appliances

    N/K

  • Water Source

    Public

  • Sewer

    Unknown

Mortgage calculator

Estimated monthly payment

$1,845 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,485
  • Property tax $279
  • Insurance $81

Includes principal, interest, taxes & insurance.

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Listing Broker

Beverly and Company

Broker Name

Beverly and Company

Agent

Erick Escobar

Location

Westlake Village CA 91361