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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 $273,247 CAD
Price Per Unit $27,325 CAD
Sale Type Investment
No. Units 10
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
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
3154-002-024
Land Assessment
$2,725,052 CAD
Improvements Assessment
$3,330,622 CAD
Total Assessment
$6,055,673 CAD
  • Listing ID: 40178733

  • Date on Market: 2026-04-16

  • Last Updated:

  • Address: 2059 E Avenue I, Lancaster, CA 93535

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