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43442 6th, Lancaster, California 93535, Lancaster, 93535 - 9 bed, 4 bath

43442 6th, Lancaster, California 93535 home-pic-0
ACTIVE$1,049,000
43442 6th, Lancaster, California 93535
9Beds
4Baths
2,912Sqft
30,237Lot
Year Built
1957
Close
-
List price
$1.05M
Original List price
$1.1M
Price/Sqft
$360
HOA
-
Days on market
-
Sold On
-
MLS number
SR25243832
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.05M(80th), sqft - 2912(60th), beds - 9(80th), baths - 4(60th).

43442–43448 6th St, Lancaster, CA 93535 4 Homes on One Lot – Income Producing Investment Property ?? Situated on a large 0.69-acre lot with a combined 2,912 sq. ft. of living space, this unique property offers four separate single-family homes, each with private yards and their own utilities (tenants pay gas, electricity, and trash; owner pays water). ? All units are occupied – two tenants are Section 8 (with yearly rent increases). ? Homes are separated for privacy, each with their own backyard. ? Cooling systems: all have swamp coolers, except 43444 6th St which has a mini-split A/C. Rental Income Breakdown: 43442 6th St – $2,611/month 43444 6th St – $2,209/month 43446 6th St – $1,995/month 43448 6th St – $2,225/month ?? Total Monthly Rental Income: $9,040 ?? Total Annual Rental Income: $108,480 This is a rare multi-home investment opportunity in Lancaster with strong rental income and government-backed tenants for stability. Owner holds Real Estate License

Price History

Date
Event
Price
11/14/25
Price Change
$1,049,000-4.5%
10/20/25
Listing
$1,099,000
Condition Rating
Fair
Built in 1957, the property shows signs of being aged but maintained. The kitchens and bathrooms appear to have been updated 15-30 years ago, featuring basic white cabinets, dark laminate countertops, white appliances, and simple tile work, which are now dated. Flooring is predominantly older ceramic tile. The reliance on swamp coolers for most units is a significant outdated system. While clean and functional, the property requires minor aesthetic updates and a major upgrade to the cooling systems to meet current standards.
Pros & Cons

Pros

Substantial Rental Income: The property generates a significant annual income of $108,480 from four fully occupied units, providing a strong cash flow for investors.
Diversified Multi-Unit Investment: Comprising four separate single-family homes on one lot, this property offers diversified income streams and mitigates vacancy risk compared to single-unit investments.
Stable Tenant Base: The inclusion of government-backed Section 8 tenants for two units, with guaranteed yearly rent increases, provides enhanced income stability and reliability.
Tenant Autonomy & Cost Efficiency: Each unit benefits from private yards and separate utility meters, enhancing tenant privacy and satisfaction while minimizing the owner's utility expenses.
Generous Lot Size: Situated on a large 0.69-acre lot, the property offers potential for future expansion, additional amenities, or simply desirable open space for tenants.

Cons

Property Age & Potential Obsolescence: Built in 1957, the properties may require significant capital expenditures for updates to aging systems, infrastructure, and aesthetics to remain competitive.
Outdated Cooling Systems: The primary reliance on swamp coolers for most units (with only one mini-split A/C) is less efficient and desirable than modern central air conditioning, potentially impacting tenant comfort and operating costs in a hot climate.
Increased Maintenance Complexity: Managing and maintaining four separate, older homes can lead to higher overall maintenance demands and costs compared to a newer or single-unit property.

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