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Mixed-Use Property with Live-Work Layout

44665 Trevor Ave, Lancaster, CA 93534

For Sale
$340,000

Existing improvements include open space, a bedroom, bathroom, and front parking.

Property Size1,525 SF
Lot Size0.09 Acres
Price / SF$222.95
Days on Market51

Property Features for 44665 Trevor Ave

General Information

Standard status Active
Size 1,525 SF
Lot size 0.09 Acres
Property subtype Commercial

Building Details

Building Size 1,525 SF
Year Built 1959
Units 1
Listing Agency: Coldwell Banker Realty
Listed By: Miguel Valeriano Martine · License #02098128
Source: Elliman
Added: Sep 18 Changed: Oct 29 Last Checked: Nov 6 at 9:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

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Investment Insights

Based on property information with market context.

Built in 1959, this mixed-use property contains approximately 1,525 square feet of improvements on an approximately 3,759-square-foot lot. The layout includes two building areas, open interior space, a bedroom, a bathroom, front parking, and designated accessible parking. The configuration supports a live/work arrangement with a commercial-facing area and additional rear space for workspace, storage, private quarters, or residential use.

The property is located at 44665 Trevor Ave in Lancaster, with Downtown Lancaster and The BLVD described as a short distance away. Walk Score is 71, rated Very Walkable, while Bike Score is 53, rated Bikeable. The existing arrangement provides a combination of commercial and residential-oriented areas within one property.

Key Highlights

  • Approximately 1,525 SF of existing improvements
  • Approximately 3,759‑square‑foot lot
  • Two building areas with open interior space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,465
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$489,300 $489.3K
Cap Rate 7%
$349,500 $349.5K
Cap Rate 9%
$271,833 $271.8K
Market Conditions
NOI Build-Up for 1,525 SF
Gross rent
$42.1K $27.60/SF
− Vacancy
−$2.9K −$1.93/SF
EGI
$39.1K $25.67/SF
− OpEx
−$14.7K −$9.63/SF
NOI
$24.5K $16.04/SF
Area
Lancaster, CA
Vacancy
7.00%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$489,300
Cap Rate 7%
$349,500
Cap Rate 9%
$271,833

Alternative Uses

Best Use
Mixed Use
$349.5K
$305.8K – $407.8K (±1% cap)
NOI $24,465 @ 7.0% cap · market cap 7.20%
Second Best
Office B
$347.2K
$303.8K – $405.1K (±1% cap)
NOI $24,307 @ 7.0% cap · market cap 7.15%
Theoretical Best
Office A
$479.0K
$419.1K – $558.9K (±1% cap)
NOI $33,531 @ 7.0% cap · market cap 9.86%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Pharmacy Storage Facility Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,420
Businesses Nearby

Demographics for 93534, CA

43,906
Population
16,343
Households
2.7
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
19.0 sq mi
ZIP Area
2,311
Density / Sq Mi
$58,891
Median Household Income
$44,566
Median Earnings
$1,513
Median Rent
$339,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Mixed-use properties in Los Angeles County, CA

$440 Jul
$474 Aug
$477 Sep
$474 Oct

Properties on Market for Mixed-use properties in Los Angeles County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Existing improvements include open space, a bedroom, bathroom, and front parking.
Where is this mixed-use property located?
The property is located at 44665 Trevor Ave Lancaster, CA.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Approximately 1,525 SF of existing improvements; Approximately 3,759‑square‑foot lot; Two building areas with open interior space
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