340 W Avenue I Lancaster, CA 93534
COMMERCIAL - Lancaster, CA
Property Features for 340 W Avenue I
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- LRM1
- Standard status
- Active
- APN
- 3138-004-024
- Size
- 300 SF
- Lot size
- 0.30 Acres
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1951
- Building materials
- Wood Siding, Shingle Siding
Listing agent Nestor Gonzalez License #02025829 (661) 917-3934
Listing office Frontline Property Management 44751 Date Ave #3, Lancaster, CA (661) 723-3013
Listing date Apr 20, 2026
Copyright © 2026 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located at 340 W Avenue I in Lancaster, California (Los Angeles County). The site is listed with a 0.3-acre lot size and approximately 300 square feet of property size, and it is identified under zoning LRM1.
Key Highlights
- Wash‑and‑fold laundry business presented as ready‑to‑operate, with operations described as already set up
- Year built: 1951
- Heating: central and electric heating
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $7.6k | $25.20 |
| − Vacancy | −$454 | −$1.51 |
| EGI | $7.1k | $23.69 |
| − OpEx | −$2.1k | −$7.11 |
| NOI | $5.0k | $16.58 |
Alternative Uses
Property Analytics
Current Use by Public Records
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