0 Avenue L Lancaster, CA 93534
This exceptional 14.55-acre residential land parcel presents a compelling development opportunity in Lancaster, California. Located at the southwest corner of Ana Madre Lane and Avenue L, this property boasts convenient access to Highway 14 and the heart of Lancaster. The strategic location offers proximity to a variety of amenities, including regional and neighborhood shopping centers, Kaiser Permanente, and Antelope Valley College. Currently zoned SRR (allowing 1-2 units per acre), the land offers the potential to create approximately 30 or more half-acre custom home lots. The possibility of acquiring additional acreage exists, further enhancing the development potential. Nearby comparable homes are selling in the $700,000 to $800,000 range, indicating strong market demand. This property is ideal for smaller, custom home builders and developers seeking a prime location with excellent access and significant upside. The asking price is $899,990, reflecting a recent $100,000 price reduction. The APN is 3109-011-081. This is a rare opportunity to acquire a substantial land parcel in a thriving area of Los Angeles County. Don't miss out on this chance to build your dream project.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.