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    Kettering St Lancaster, CA 93534

    Sponsored
    For Sale
    $489,000

    Prime Lancaster infill development opportunity. Five parcels, R-7000 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.15-acre residential land parcel presents a compelling infill development opportunity in Lancaster, California. Strategically located at the southwest corner of Kettering Street and 22nd Street East, this property enjoys a highly desirable position northeast of the bustling intersection of 20th Street East and Lancaster Boulevard. The site is ideally situated adjacent to a thriving Richmond American Homes new home community, indicating strong market demand and established neighborhood appeal. The property comprises five separate parcels, each identified by APN numbers 3150-007-027, 030, 031, 057, and 066, and all zoned R-7000, allowing for single-family residential development on 7,000 square foot lots. This zoning provides significant flexibility for a variety of residential construction plans. The location offers unparalleled convenience, with nearby schools, parks, and shopping amenities, catering to the needs of future residents. This is an exceptional chance to capitalize on the robust Lancaster housing market. The asking price for this remarkable property is $489,000. Don't miss this chance to acquire a highly sought-after infill development site in a thriving California community. The address is W Kettering St, Lancaster, CA 93534, within Los Angeles County.

    Property Features for 0 Kettering St

    General Information

    Property type
    Land
    Lot Size
    355,014 SF

    HighLights

    • 8.15‑acre infill development site in Lancaster, CA.
    • Located at the southwest corner of Kettering St and 22nd St E, near the intersection of 20th St E and Lancaster Blvd.
    • Adjacent to a Richmond American Homes community.
    • Five parcels (APN 3150‑007‑027, 030, 031, 057, 066), all zoned R‑7000 for 7,000 sq ft single‑family lots.
    • $489,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lancaster
    County
    Los Angeles
    State
    California
    Longitude
    -118.09085
    Latitude
    34.69991

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    FAQs

    What type of property is this?
    Land - Prime Lancaster infill development opportunity. Five parcels, R-7000 zoning.
    Where is this land located?
    The property is located at Kettering St Lancaster, CA.
    What is the asking price?
    The asking price for this property is $489,000.
    What are key features of this property?
    This property features: 8.15-acre infill development site in Lancaster, CA.; Located at the southwest corner of Kettering St and 22nd St E, near the intersection of 20th St E and Lancaster Blvd.; Adjacent to a Richmond American Homes community.
    Request Owner's contact information
    Kettering St Lancaster, CA 93534
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    Lancaster, CA 93534
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Kettering St Lancaster, CA 93534
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