42336 5th St E Lancaster, CA 93535
East Lancaster NeighborhoodEstimated payment $7,056/month
Total Views
1,220
--
Bed
--
Bath
1,250
Sq Ft
$959
Price per Sq Ft
Highlights
- 2.21 Acre Lot
- No HOA
- 1-Story Property
About This Home
Excellent investment opportunity! This 2.21-acre flat lot is zoned LRHI (Light Rural Heavy Industrial), offering a wide range of commercial and industrial possibilities. Located in Lancaster, this property is ideal for investors, developers, or business owners seeking land for industrial use.
Zoning allows for potential uses such as warehousing, trucking operations, storage, light manufacturing, and more. Buyer to verify all zoning, use, and development potential with the City of Lancaster or Los Angeles County Planning Department. Neither seller nor listing agent guarantees accuracy of zoning, usage, or property information.
Listing Agent
Coldwell Banker Hallmark Brokerage Phone: 818-424-7557 License #02097620 Listed on: 05/03/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,894
Year Built
- Built in 1954
Lot Details
- 2.21 Acre Lot
- Density is 2-5 Units/Acre
- Property is zoned LRHI*
Parking
- 1 Car Garage
Interior Spaces
- 1,250 Sq Ft Home
- 1-Story Property
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 3126016041
- $772 per year additional tax assessments
Map
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Home Values in the Area
Average Home Value in this Area
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 | $5,894 | $538,560 | $134,640 | $403,920 |
| 2024 | $5,894 | $424,482 | $106,120 | $318,362 |
| 2023 | $5,754 | $416,160 | $104,040 | $312,120 |
| 2022 | $5,504 | $408,000 | $102,000 | $306,000 |
| 2021 | $3,950 | $306,030 | $182,019 | $124,011 |
| 2020 | $3,897 | $302,893 | $180,153 | $122,740 |
| 2019 | $3,334 | $256,800 | $152,600 | $104,200 |
| 2018 | $2,550 | $197,700 | $117,500 | $80,200 |
| 2016 | $2,177 | $171,600 | $102,000 | $69,600 |
| 2015 | $2,174 | $171,600 | $102,000 | $69,600 |
| 2014 | $2,223 | $171,600 | $102,000 | $69,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | Price Changed | $1,199,000 | -7.7% | $959 / Sq Ft |
| 05/03/2025 05/03/25 | For Sale | $1,299,000 | -- | $1,039 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $415,000 | Lawyers Title | |
| Deed | -- | -- | |
| Grant Deed | $400,000 | First American Title Company | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $260,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $208,000 | Negative Amortization |
Source: Public Records
Similar Home in Lancaster, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD25089128
APN: 3126-016-041
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.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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