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Vacant Lot 2.5 acres 2059 E Avenue I 1 Unit Mobile Home Park $199,000 ($199,000/Unit) Lancaster, CA 93535
Investment Highlights
- Flat lot for development
- Land acquisition at $1.85/sf
- Strong single family comparables at $245/sf
Executive Summary
Vacant lot in East Lancaster neighborhood! Surrounded by single family homes and businesses. Public transportation and easy access to utilities available. Land is located across from the E Ave I & 20th St E bus stop, and bordered by E Ivesbrook St, 21st St E and Jackman Street. Frontage is on city street E Avenue I. Single family homes within .5 miles of this lot sold for an average of $485,000 or $245/sf. You can get this land for $1.85/sf. Rectangular lot size is 107,729sf (2.47 acres). Zoning LRD21* Residential - Vacant Land. APN: 3150-023-044
Property Facts
| Price | $199,000 | Building Class | B |
| Price Per Unit | $199,000 | Lot Size | 9.80 AC |
| Sale Type | Investment | Building Size | 4,534 SF |
| No. Units | 1 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1958 |
| Property Subtype | Manufactured Housing/Mobile Home | ||
| Zoning | LRMHP | ||
| Price | $199,000 |
| Price Per Unit | $199,000 |
| Sale Type | Investment |
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | B |
| Lot Size | 9.80 AC |
| Building Size | 4,534 SF |
| No. Stories | 1 |
| Year Built | 1958 |
| Zoning | LRMHP |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 3154-002-024 | Improvements Assessment | $2,425,622 |
| Land Assessment | $1,984,598 | Total Assessment | $4,410,220 |
Property Taxes
Parcel Number
3154-002-024
Land Assessment
$1,984,598
Improvements Assessment
$2,425,622
Total Assessment
$4,410,220
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Presented by
Dow Capital
Vacant Lot 2.5 acres | 2059 E Avenue I
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