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0 E Ave N/150Th St E

Lancaster, CA 93535
  • $935,000
  • STATUS: Active
  • ON SITE: 66 Days
  • ID#: SR23228791
UPDATED: 36 min ago
$935,000
  • 0
    BEDS
  • 110.85
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Mark Mestepey of Castlestone Properties, Inc. (818-993-0099)


Description

Prime residential development site in Lake LA. 110 acres of flat, infill land. Only $8,500 per acre. One of the few large, undivided land parcels within the town boundaries of Lake LA. This parcel has street frontage on all sides, with existing housing tracts across the street on 3 sides. Water, electricity, and gas services are all available. Potential mobile home park development site. Home values are strong in Lake LA, with existing homes in the area selling in the $400,000+ range, and new homes are likely to sell in the $500,000+ range. This property sold for $1,240,000 in 2007, when home prices in this area were roughly half of what they are currently. This property is a great value, and it presents a tremendous opportunity for a homebuilders, subdividers, or other investors. Possibilities include subdividing the property and selling off the individual parcels, building a housing tract of new construction homes and selling them for $500,000+, or even building a tract of ''Build to Rent'' homes with ADU's to double the density. This property presents a myriad of potential uses and development opportunities. At $8,500 per acre, this property is a great price for a 110 acre infill parcel that is nestled within existing housing tracts, as opposed to a raw desert parcel with no street frontage or utilities. Buildable infill parcels of this nature are rarely available.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-25T20:34:55.647. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
www.thecharlieprice.com/homes/146176191
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0 E Ave N/150Th St E Lancaster, CA 93535

  • Price: $935,000
  • Status: Active
  • On Site: 66 Days
  • Updated: 36 min ago
  • ID#: SR23228791
0
Beds
0
Baths
0
½ Baths
110.85
Acres
Neighborhood:
LAC - Lancaster
County:
Los Angeles
Area:
LAC - Lancaster
Property Description
Prime residential development site in Lake LA. 110 acres of flat, infill land. Only $8,500 per acre. One of the few large, undivided land parcels within the town boundaries of Lake LA. This parcel has street frontage on all sides, with existing housing tracts across the street on 3 sides. Water, electricity, and gas services are all available. Potential mobile home park development site. Home values are strong in Lake LA, with existing homes in the area selling in the $400,000+ range, and new homes are likely to sell in the $500,000+ range. This property sold for $1,240,000 in 2007, when home prices in this area were roughly half of what they are currently. This property is a great value, and it presents a tremendous opportunity for a homebuilders, subdividers, or other investors. Possibilities include subdividing the property and selling off the individual parcels, building a housing tract of new construction homes and selling them for $500,000+, or even building a tract of ''Build to Rent'' homes with ADU's to double the density. This property presents a myriad of potential uses and development opportunities. At $8,500 per acre, this property is a great price for a 110 acre infill parcel that is nestled within existing housing tracts, as opposed to a raw desert parcel with no street frontage or utilities. Buildable infill parcels of this nature are rarely available.
Exterior Features

Lot Features Lot Over 40000 Sqft Road Surface Type Paved View DesertMountain(s) View YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features RuralSuburban Disclosures Principal is Real Estate Licensed Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash New Construction YN No Senior Community YN No Special Listing Conditions Standard Utilities Electricity AvailableWater Available Water Source Public Zoning LCA1



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-25T20:34:55.647. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
 
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EQTY | Forbes Global Properties
1100 Newport Center Drive, Suite 110
Newport Beach CA, 92660
Listing Agent(s): Mark Mestepey of Castlestone Properties, Inc. (818-993-0099)