$600,000
SOLD MAR 18, 2025
1.02 Acres
$590,319 Price per Acre
44,274 Sq Ft Lot

Recently Sold

$14 Per Sq Ft

14% Below List Price

70 Days on Market

Highlights

  • 1.02 Acre Lot
  • Neighborhood Views
  • Rectangular Lot
  • No HOA

About This Lot

As of March 2025

Great Investment Opportunity ""Zoned for Commercial"" Opportunity for a developer or investor to make a shopping center or build Apartments / Condos (Needs city approval and permits), """"" This property already has 12,000 Sq Ft slap, ready to build with all Utilities in, including """Plumbing, Street Sidewalks, Curb and Gutter""". (All work has been done with city permits). This is Once In A Lifetime Opportunity. Don't let this opportunity go by. Come and see it for yourself. Located in the heart of Lancaster, it is surrounded by Apartments, Homes, Shopping centers, Car Dealers, Close to 14 Freeway and Lancaster Downtown, etc.

Last Agent to Sell the Property

Salman Ejaz

Blue Ribbon Realty Brokerage Phone: 661-733-8426 License #02061240 Listed on: 10/31/2024

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,565

Lot Details

  • 1.02 Acre Lot
  • Rectangular Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LRC3*

Additional Features

  • Neighborhood Views
  • No Utilities

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 6152
  • Assessor Parcel Number 3128002049
  • $122 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting
  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$5,565

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: LRC3*
  • Property Type: Land
  • Parcel Number: 3128002049
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 13.55

Exterior Features

  • View: Neighborhood

Utilities

  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot Over 40000 Sqft, Rectangular Lot, Walkstreet
  • Lot Size Sq Ft: 44273.00
  • Lot Size Acres: 1.0164

Multi Family

  • Lot Size Area: 44273.0000 Square Feet

Tax Info

  • Tax Census Tract: 9007.04
  • Tax Lot: 2
  • Tax Tract Number: 6152
  • TaxOtherAnnualAssessmentAmount: 122.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2013
Sold by
Haddad Nadia
Bought by
American Islamic Institute Av
Current Estimated Value
$865,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$124,062
Interest Rate
3.49%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $375,000 Fatcola
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,000 Seller Take Back
Previous Owner $1,740,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Sold $600,000 -13.8% $14 / Sq Ft
10/31/2024 10/31/24 For Sale $695,990 -- $16 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,565 $461,778 $461,778 --
2024 $5,565 $452,724 $452,724 --
2023 $5,436 $443,848 $443,848 $0
2022 $5,326 $435,146 $435,146 $0
2021 $5,253 $426,614 $426,614 $0
2019 $5,503 $413,961 $413,961 $0
2018 $5,182 $405,845 $405,845 $0
2016 $4,907 $390,087 $390,087 $0
2015 $4,835 $384,228 $384,228 $0
2014 $4,749 $376,702 $376,702 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN24224994

California Regional Multiple Listing Service (CRMLS)

APN: 3128-002-049