43029 7th St E Lancaster, CA 93535
East Lancaster NeighborhoodEstimated payment $1,950/month
Highlights
- RV Access or Parking
- Open Floorplan
- Traditional Architecture
- 0.46 Acre Lot
- Desert View
- Main Floor Primary Bedroom
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.
Listing Agent
Real Broker Brokerage Phone: 661-312-3069 License #02027087 Listed on: 11/07/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,124
Year Built
- Built in 1946
Lot Details
- 0.46 Acre Lot
- Wood Fence
- Block Wall Fence
- Private Yard
- Back Yard
Property Views
- Desert
- Neighborhood
Home Design
- Traditional Architecture
- Entry on the 1st floor
- Cosmetic Repairs Needed
- Shingle Roof
- Stucco
Interior Spaces
- 480 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Entryway
- Living Room
- Eat-In Kitchen
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
- Bathtub
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- Parking Available
- Driveway
- RV Access or Parking
Outdoor Features
- Patio
- Exterior Lighting
- Front Porch
Utilities
- No Heating
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 92
- Tax Tract Number 10448
- Assessor Parcel Number 3126011022
- $702 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
Recreation
- Hiking Trails
- Bike Trail
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 |
|---|---|---|---|---|---|
| 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: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25256461
APN: 3126-011-022
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