Technical
Financial
Distress signals
Property profile

0 Avenue L Lancaster, CA 93534

OFF-MARKET
Land
14.55 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 14.55 ac (633,798 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Avenue L Lancaster, CA 93534
Lancaster metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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