Rare income producing opportunity in Lancaster! Welcome to 210/212/214/216 W Kildare St, a fully permitted 3 unit property with an JrADU, offering a total of 4 rental units with strong in place income and an estimated cap rate just above 10% at the current list price. This R3 zoned property is the type of cash flowing asset that is extremely hard to find in todays market. The property features four separate electrical meters, four separate gas meters, shared water, and one unit with fully paid solar. All tenants have lease agreements in place, providing immediate rental income from day one. Unit 212 is the main residence, offering 3 bedrooms, 2 bathrooms, approximately 1,409 sq ft, remodeled in 2019, and equipped with central heat and AC. Unit 210 is a 2 bedroom, 1 bath unit completed in 2024 and features a multi-zone split system. Units 214 and 216 are brand new 2025 construction, each offering 2 bedrooms and 1 bathroom with fire sprinklers installed and tankless water heaters. Unit 214 features independent mini-split systems, and Unit 216 features independent mini-split systems plus paid solar. Three out of the four units include split systems in every bedroom, with a combination of independent and multi-zone configurations for added comfort and efficiency. Select units also feature recessed lighting, laminate flooring, updated finishes, and may include furniture, making this an attractive turnkey opportunity for investors. With a rare combination of permitted improvements, updated units, newer construction, separate utility meters, paid solar, efficient HVAC systems, and strong documented rental income, this property is ideal for investors seeking cash flow, long term appreciation, and a low maintenance multifamily asset. City records and invoices are available to support the permitted work. Conveniently located near shopping, schools, public transportation, and major commuter routes, this is a turnkey multifamily opportunity in the heart of Lancaster. Do not miss the chance to own a rare 4 unit income property with current market rents, documented leases, and exceptional cash flow potential.

Listed by Adela Salais of Dream Big Realty (310) 600-7794



This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2026 San Diego MLS®.

Last checked 2026