NOT LISTED FOR SALE

42155 8th St E Lancaster, CA 93535

East Lancaster Neighborhood

Estimated Value: $903,886 - $959,000

3 Beds
1 Bath
1,010 Sq Ft
$918/Sq Ft Est. Value

Last Sold September 17, 2024

Last sale price $915,000 $906 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,253/month

116 Days on Market

Highlights

  • 4.32 Acre Lot
  • Corner Lot
  • Wood Fence
  • Contemporary Architecture
  • Outdoor Storage
  • No Heating

About This Home

As of September 2024

Buenger Commercial Real estate is proud to offer 42155 8th Street East in Lancaster for sale. This property features a 3 Bedroom 1 bath single family home (1,110 RSF) on approximately 5 acre (Zoned HI Heavy Industrial, City of Lancaster) lot. Great opportunity for Owner / user or investor. The current owner leases the single-family home, as well as operates a storage yard on the remainder of the lot. Current yearly rents are at $34,460. Current rent on the home is below market, and storage operation can be expanded. Sale includes two portable office structures and 44 shipping containers.

Last Agent to Sell the Property

Jesus Camacho

Buenger Commercial Real Estate License #02024505 Listed on: 05/24/2024

Co-Listed By

Steve Buenger

Buenger Commercial Real Estate License #01383195

Last Buyer's Agent

Steve Buenger

Buenger Commercial Real Estate License #01383195

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 4.32 Acre Lot
  • No Common Walls
  • Wood Fence
  • Stucco Fence
  • Corner Lot
  • Level Lot
  • No Sprinklers
  • Front Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Contemporary Architecture
  • Slab Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Utilities

  • No Heating
  • 220 Volts
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • Urban Location

Community Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $859
  • Operating Expense $8,724
  • Gross Income $34,460
  • Net Operating Income $25,735

Listing and Financial Details

  • Assessor Parcel Number 3126017018

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Inclusions: Sale includes two portable office structures and 44 shipping containers.
  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • View: No
  • Zoning: HI
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 3126017018
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: No
  • Levels: One
  • Room Type: Kitchen

Exterior Features

  • Foundation: Slab
  • Other Structures: Storage
  • Fence: Yes
  • Fencing: Stucco Wall, Wood
  • Pool Private: No
  • Roof: Other
  • Spa: No
  • Construction Materials: Unknown

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Other, Electricity Connected
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Electric: 220 Volts
  • Water Source: Mutual Water Companies

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Land Lease: No
  • Lot Features: Corner Lot, Sprinklers None, Level, Front Yard
  • Lot Size Sq Ft: 188179.20
  • Lot Size Acres: 4.3200

Multi Family

  • Gross Income: 34460.00
  • Gross Scheduled Income: 34460.00
  • Insurance Expense: 859.00
  • Lot Size Area: 4.3200 Acres
  • Net Operating Income: 25735.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Operating Expense: 8724.00
  • Rent Control: No
  • Total Expenses: 8724.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2025
Sold by
American Antelope Llc
Bought by
Hanbon Ca I Llc
Current Estimated Value
$927,472

Purchase Details

Listed on
May 24, 2024
Closed on
Aug 23, 2024
Sold by
Hammond Family Trust and Gest Tamera
Bought by
American Antelope Llc
Seller's Agent
Jesus Camacho
Buenger Commercial Real Estate
Buyer's Agent
Steve Buenger
Buenger Commercial Real Estate
List Price
$865,000
Sold Price
$915,000
Premium/Discount to List
$50,000
5.78%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.06%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hanbon Ca I Llc $1,120,000 Chicago Title Company
American Antelope Llc $915,000 Lawyers Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2024 09/17/24 Sold $915,000 +5.8% $906 / Sq Ft
05/24/2024 05/24/24 For Sale $865,000 -- $856 / Sq Ft
Source: Ventura County Regional Data Share

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,715 $915,000 $549,000 $366,000
2024 $4,715 $327,273 $191,394 $135,879
2023 $4,602 $320,857 $187,642 $133,215
2022 $4,375 $314,566 $183,963 $130,603
2021 $3,969 $308,399 $180,356 $128,043
2019 $3,829 $299,254 $175,007 $124,247
2018 $3,687 $293,387 $171,576 $121,811
2016 $3,468 $281,996 $164,914 $117,082
2015 $3,415 $277,761 $162,437 $115,324
2014 $3,401 $272,321 $159,256 $113,065
Source: Public Records

Agents Affiliated with this Home

  • Jesus Camacho

    Seller's Agent in 2024

    Jesus Camacho

    Buenger Commercial Real Estate

    (805) 797-5121

    2 in this area

    6 Total Sales

    Jesus Camacho
    Section Image
  • Steve Buenger

    Seller Co-Listing Agent in 2024

    Steve Buenger

    Buenger Commercial Real Estate

    (805) 985-1007

    2 in this area

    12 Total Sales

    Steve Buenger
    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: V1-23724

Ventura County Regional Data Share

APN: 3126-017-018

California Los Angeles County Lancaster 93535 East Lancaster

42155 8th St E, Lancaster, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Ventura County Regional Data Share IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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