43029 7th St E Lancaster, CA 93535
East Lancaster NeighborhoodEstimated payment $1,872/month
Highlights
- RV Access or Parking
- No HOA
- Wood Siding
- 0.46 Acre Lot
- 1-Story Property
About This Home
Opportunity knocks with this unique investment property offering tremendous upside in a rapidly growing pocket of Lancaster. Set on an expansive 20,170 sq ft lot, this site comes with completed plans and engineering, saving valuable time and clearing the path for development. The existing structure features a 1-bedroom, 1-bathroom home approximately 480 sq ft, ideal as a rental, temporary living unit, or to be incorporated into a larger development plan. With utilities conveniently nearby and flexible layout potential, the lot is perfectly positioned for a multi-unit income-producing setup. The surrounding neighborhood supports both strong rental demand and resale value, making this a prime opportunity for builders, developers, or value-add investors looking to maximize returns. Whether you're planning to build out a multi-unit cash flow property, expand on the existing footprint, or hold for long-term appreciation, this is a standout investment in a high-growth market. A rare chance to step into a project with the heavy lifting already done -- just bring your vision and execute.
Home Details
Home Type
- Single Family
Year Built
- Built in 1946
Lot Details
- 0.46 Acre Lot
- Block Wall Fence
- Chain Link Fence
- Property is zoned LRR6000
Parking
- RV Access or Parking
Home Design
- Concrete Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 480 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 3126-011-022
Map
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 | $3,124 | $344,760 | $86,190 | $258,570 |
| 2024 | $3,124 | $200,000 | $50,000 | $150,000 |
| 2023 | $956 | $21,207 | $9,625 | $11,582 |
| 2022 | $905 | $20,792 | $9,437 | $11,355 |
| 2021 | $551 | $20,385 | $9,252 | $11,133 |
| 2020 | $545 | $20,177 | $9,158 | $11,019 |
| 2019 | $535 | $19,782 | $8,979 | $10,803 |
| 2018 | $537 | $19,395 | $8,803 | $10,592 |
| 2016 | $507 | $18,644 | $8,462 | $10,182 |
| 2015 | $501 | $18,365 | $8,335 | $10,030 |
| 2014 | $515 | $18,006 | $8,172 | $9,834 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/13/2026 01/13/26 | Price Changed | $309,999 | -3.1% | $646 / Sq Ft | |
| 11/07/2025 11/07/25 | For Sale | $319,999 | +60.0% | $667 / Sq Ft | |
| 11/27/2023 11/27/23 | Sold | $200,000 | 0.0% | $417 / Sq Ft | View Prior Sale |
| 09/28/2023 09/28/23 | Pending | -- | -- | -- | |
| 09/22/2023 09/22/23 | For Sale | $200,000 | 0.0% | $417 / Sq Ft | |
| 09/07/2023 09/07/23 | Price Changed | $200,000 | 0.0% | $417 / Sq Ft | |
| 07/31/2023 07/31/23 | Pending | -- | -- | -- | |
| 07/28/2023 07/28/23 | For Sale | $200,000 | -- | $417 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | California Best Title Company | |
| Grant Deed | $270,000 | California Best Title Company | |
| Gift Deed | -- | None Listed On Document | |
| Grant Deed | $200,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Accommodation |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $243,000 | New Conventional | |
| Previous Owner | $260,300 | Construction |
Source: Greater Antelope Valley Association of REALTORS®
MLS Number: 25008567
APN: 3126-011-022
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