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1500 East Avenue I - Ave I & 15th Street East 8.69 Acres of Residential Land Offered at $964,600 CAD in Lancaster, CA 93535

Residential Land & Home Lots California Lancaster 1500 East Avenue I, Lancaster, CA 93535

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Investment Highlights

  • Established Residential Setting
  • Lancaster Location Advantage

Executive Summary

A previously approved Tentative Tract Map (TTM) for 38 single-family lots establishes a strong entitlement baseline. Although the map has expired after the City upgraded to higher-density MDR zoning, it provides significant carry-forward value, including prior engineering studies, site planning, and a detailed record of municipal conditions of approval. This groundwork can materially reduce entitlement risk, inform updated yield scenarios, and accelerate the resubmittal process.
This listing includes four separate parcels being sold together. APNS: 3147-001-043 3147-001-044, 3147-001-049, 3147-001-050.

Property Facts

Price $964,600 CAD Property Subtype Residential
Sale Type Investment Proposed Use Multifamily
No. Lots 1 Total Lot Size 8.69 AC
Property Type Land
Zoning LRR36.6UDP - Medium-density residential (fronting on Ave I) R-7000 (fronting on Kettering) All properties front on 125th St E
Price $964,600 CAD
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 $964,600 CAD Lot Size 8.69 AC
Price Per AC $111,001.15 CAD
Price $964,600 CAD
Price Per AC $111,001.15 CAD
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.

1 1
1500 East Avenue I, Lancaster, CA - Aerial map view
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Source: Local Logic®

Property Taxes

Parcel Numbers
Multiple
  • 3147-001-049
  • 3147-001-043
  • 3147-001-044
  • 3147-001-050
 Improvements Assessment $0 CAD
Land Assessment $1,216,059 CAD Total Assessment $1,216,059 CAD

Property Taxes

Parcel Numbers
Multiple
  • 3147-001-049
  • 3147-001-043
  • 3147-001-044
  • 3147-001-050
Land Assessment
$1,216,059 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,216,059 CAD

Still interested?

Contact the broker for more information about this property

Contact

  • Listing ID: 41736228

  • Date on Market: 2026-08-13

  • Last Updated:

  • Address: 1500 East Avenue I, Lancaster, CA 93535

The Land Property at 1500 East Avenue I, Lancaster, CA 93535 is currently available for Sale. Contact Coldwell Banker Commercial - Hartwig Realty for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

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1500 East Avenue I, Lancaster, CA for sale Aerial- Image 1 of 6
Aerial 1 3147-001-043_044_049_050
1500 East Avenue I, Lancaster, CA for sale Plat Map- Image 2 of 6
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1500 East Avenue I, Lancaster, CA for sale Building Photo- Image 3 of 6
Street View
1500 East Avenue I, Lancaster, CA for sale Building Photo- Image 4 of 6
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1500 East Avenue I, Lancaster, CA for sale Building Photo- Image 5 of 6
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1500 East Avenue I - Ave I & 15th Street East

1500 East Avenue I - Ave I & 15th Street East

Ron Halcrow

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