E Avenue East

E Avenue East

Lancaster, CA 93535

$795,000
Price
4,827,319 / 110.82
Lot Size / Acres
a bathroom with a bathtub and a shower
a view of ocean view
a street with an ocean view
a view of a ocean view

Description

Prime residential development site in Lake LA. 110 acres of flat, infill land. Only $7,227 per acre. One of the few large, undivided land parcels within the town boundaries of Lake LA. Preliminary feasibility report yields approximately 67 1-acre lots. This parcel has street frontage on all sides, with existing housing tracts across the street on 3 sides. Attractive seller financing available. Water, electricity, and gas services are all available. Potential mobile home park development site. Home...Prime residential development site in Lake LA. 110 acres of flat, infill land. Only $7,227 per acre. One of the few large, undivided land parcels within the town boundaries of Lake LA. Preliminary feasibility report yields approximately 67 1-acre lots. This parcel has street frontage on all sides, with existing housing tracts across the street on 3 sides. Attractive seller financing available. 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 $7,227 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.

Property Details for E Avenue East

Area
11 - Lake LA to Largo Vst
Zoning
LCA1
Cross Street
E Ave N/150th St E

Location

Listing Courtesy of Castlestone Properties, Inc., Mark Mestepey, DRE #01991537
Add your commute
LISTING UPDATED: 04/17/2024 02:17 PM

Property Details for E Avenue East

StatusActive
MLS #23008788
Days on Market151
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots and Land
Year Built-
Lot Size110.82 AC
CountyLos Angeles County

Location

Listing Courtesy of Castlestone Properties, Inc., Mark Mestepey, DRE #01991537
Add your commute

Building Information for E Avenue East

Lot Size110.82 AC

Payment Calculator

$4,339 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,339

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for E Avenue East

Summary
Location and General Information
  • Directions to Property: Property is bounded by Ave N to the north, 150th to the west, N8 to the south, and 155th to the east.
  • Absolute Longitude: 118
  • Road Frontage: Public
  • Road Surface: Paved
Taxes and HOA Information
  • HOA: No
Property
Lot Information
  • Lot Size: 40+ Acres
  • Land Use: Residential
Property and Assessments
  • APN: 3069-019-005
  • Legal Access: Yes
Utilities
  • Water: In Street
  • Natural Gas: On Property
  • Sewer: None - See Remarks
  • Electric: In Street
Rental
Rental Information
  • Terms: Cash, Owner Will Carry

Property History for E Avenue East

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near E Avenue East

This home is within Wilsona Elementary School District.
Rating
School
Type
Grades
Distance
Vista San Gabriel Elementary School
Public - K to 4
Challenger Middle School
Public - 5 to 8
Littlerock High School
Public - 9 to 12
Wilsona Achievement Academy
Public - 1 to 8
Rating
School
Distance
Vista San Gabriel Elementary School
PublicK to 4

Challenger Middle School
Public5 to 8

Littlerock High School
Public9 to 12

Wilsona Achievement Academy
Public1 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about E Avenue East, Lancaster, CA 93535

E Avenue East is a 110.82 ac of land for sale in Lancaster, CA 93535. This property was listed for sale on December 20, 2023 by Castlestone Properties, Inc., it's currently listed at $795,000. This listing's school districts are Wilsona Elementary School District, Antelope Valley Union High School District. Nearby schools include Vista San Gabriel Elementary School, Challenger Middle School and Littlerock High School. E Avenue East is a 0-bed, 0-bath, 110.82 ac of land on a 4,827,319 sq. ft. / 110.82 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Castlestone Properties, Inc., Mark Mestepey, DRE #01991537

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.