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1500 East Avenue I
Lancaster, CA 93535
Ave I & 15th Street East · Land For Sale
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8.69 AC
Investment Highlights
- Established Residential Setting
- Lancaster Location Advantage
Executive Summary
This listing includes four separate parcels being sold together. APNS: 3147-001-043 3147-001-044, 3147-001-049, 3147-001-050.
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 8.69 AC |
| Zoning | LRR36.6UDP - Medium-density residential (fronting on Ave I) R-7000 (fronting on Kettering) All properties front on 125th St E | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 8.69 AC |
| Zoning | LRR36.6UDP - Medium-density residential (fronting on Ave I) R-7000 (fronting on Kettering) All properties front on 125th St E |
1 Lot Available
Lot
| Price | $700,000 | Lot Size | 8.69 AC |
| Price Per AC | $80,552.36 |
| Price | $700,000 |
| Price Per AC | $80,552.36 |
| Lot Size | 8.69 AC |
This site is located on the Southwest corner of Avenue I and 15th Street East in Lancaster. The front portion is zoned for medium-density multifamily residences. The back portion is zoned for R-7000 single-family homes.
Description
Positioned Residential Development - 8.69 Acres with Density Upside --- Four contiguous parcels totaling 8.69 acres with frontage along 15th St E from Avenue I to Kettering Street. The site offers a compelling opportunity for re-entitlement and tract development, supported by a split General Plan designation: approximately 4.18 acres of Medium Density Residential (MDR: 6.6-15 du/ac) and 4.51 acres of Urban Residential (UR: 2.1-6.5 du/ac)--allowing flexibility in product type, lot configuration, and overall yield.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $876,742 | Total Assessment | $876,742 |
Property Taxes
