850 W Milling StreetLancaster, CA 93534

Single Family · 6 Beds · 4 Full Baths · 2,616 Sq. ft. | 0.20 Acres
$849,000 Active

850 W Milling Street Overview

Time on Site:
112 days
Visits:
0

Rare opportunity to own two fully remodeled homes on one lot, offering incredible flexibility for investors, short-term rental operators, or multi-generational living.The front home features 3 bedrooms and 2 bathrooms, while the back home also offers 3 bedrooms and 2 bathrooms, creating a versatile property with endless possibilities. Both residences have been recently remodeled with contemporary finishes, including fresh interior paint, new vinyl wood flooring, stylish modern countertops, updated kitchens, and new light fixtures throughout.The bathrooms in both homes have been completely redesigned, showcasing clean, modern aesthetics and thoughtful upgrades that elevate the overall feel of each space.In addition to the dual living spaces, the property includes a 4-car garage, providing ample parking, storage, or potential workspace.What truly sets this property apart is its proven income history. Currently operating as a short-term rental, this property has consistently generated over six figures annually, making it a true cash-flowing investment opportunity.Whether you're looking to house hack, expand your investment portfolio, or own a turnkey income-producing property, this unique two-home setup delivers both style and strong financial performance.Opportunities like this rar

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850 W Milling Street Facts & Features

  • Type Single Family
  • Sq. ft. 2,616
  • Price/Sq.ft. $325
  • Lot 0.20 Acres

Details

General

Building Information

  • Year Built: 1947

Location/Region

  • Country: US
  • County Or Parish: Los Angeles

Community/Development

  • Number Of Units In Community: 2

General Information

  • Parcel Number: 3133012013
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Zoning: LRR2

Interior

Parking Information

  • Garage Spaces: 4
  • Garage: true

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Partial: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 6

Building Interior

  • Building Area Total: 2616
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher
  • Fireplace Features: None
  • Fireplace: false
  • Flooring: Laminate
  • Interior Features: Family Room
  • Laundry Features: Inside
  • Levels: One Story
  • Living Area: 2616
  • Living Area Units: Square Feet
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Other
  • Parking Total: 4

Lot Information

  • Lot Size Acres: 0.2027
  • Lot Size Area: 0.2027
  • Lot Size Square Feet: 8830
  • Lot Size Units: Acres

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Traditional
    • Attached Garage: false

    General Information

    • Carport: false
    • Covered Spaces: 4
    • Exterior Features: Other
    • Pool Features: None
    • Pool Private: false

    850 W Milling Street Neighborhood

    Community

    93534 (Palmdale) Demographics

    33
    Median Age
    2,194
    Population Density (per sq. mile)
    26%
    College Educated
    $43,247
    Estimated Median Income
    4,617
    Estimated Total Home Owners
    9,475
    Estimated Total Renters
    33% / 67%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    850 W Milling Street Monthly Cost

    $
    $ %
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    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    850 W Milling Street Market Data

    Based on the last 30 days in this zip code

    $447,048
    Average List Price
    $281
    Average Price per Square Foot
    23
    Properties Sold
    71
    Average Days on Market
    291
    Properties for Sale
    Calculations provided by Reliance Network

    850 W Milling Street History

    Date Event Value Agent
    3/9/2026Source: bridgeMLS Added to Database
    March 09, 2026
    3/6/2026Source: CRMLS Added to Database
    March 06, 2026
    Listing provided courtesy of Real Broker- MLS# CL26657755MLS Provider