0 East E Avenue

Lancaster, CA 93535

$795,000
Price
4,828,700 / 110.85
Lot Size / Acres

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.
  1. Listed by Mark Mestepey • DRE #01991537 • Brokerage DRE #01218435 • Castlestone Properties, Inc. • 818-624-0099

Property Details for 0 East E Avenue

View
Desert, Mountain(s)
Lot Size Source
Assessor
Assessor Parcel Number
3069-019-005
New Construction
No
Pool
No
View
Yes
Association
No
Association Fee
$.00
LISTING UPDATED: 04/17/2024 05:21 AM

Property Details for 0 East E Avenue

StatusActive
MLS #SR23228791
Days on Market338
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size110.85 AC
CountyLos Angeles County

Building Information for 0 East E Avenue

Lot Size110.85 AC

Property Information for 0 East E Avenue

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Census Tract: 9013.00
  • CFD/Mello-Roos Fee: $152
  • Tax Lot: 8
Community / Development
Community / Development
  • Community Features: Rural, Suburban
Property / Structure Info
Exterior Features
  • View Description: Desert
Distance To
  • Distance To Water: At street
Land/Lot Info
  • Lot Features: Lot Over 40000 Sqft
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Water: Public
  • Utilities: Electricity Available, Water Available
  • Electric: Electricity Available, Water Available
  • Water Source: Public
Parking Info
  • Carport Spaces: 0

Property History for 0 East E Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 0 East E Avenue

This home is within Eastside Union Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Eastside Elementary School
PublicK to 6

Gifford C. Cole Middle School
Public7 to 8

Eastside High School
Public9 to 12

Enterprise Elementary
PublicK to 6

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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0 East E Avenue is a 110.85 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 Eastside Union Elementary School District, Antelope Valley Union High School District. Nearby schools include Eastside Elementary School, Gifford C. Cole Middle School and Eastside High School. 0 East E Avenue is a 0-bed, 0-bath, 110.85 ac of land on a 4,828,700 sq. ft. / 110.85 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. Offers of compensation are subject to change at the discretion of the seller. 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.