Property profile

0 120Th St Lancaster, CA 93536

OFF-MARKET
Land
40.6 ac lot
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Property summary

AI-generated overview

This exceptional 40.6-acre parcel of land presents a unique investment opportunity in West Lancaster, Los Angeles County, California. Located at 120th Street West, near Avenue E 8 and Avenue E 6, this property boasts a level, open expanse ideal for various residential developments. The land is accessible via a dirt road off 110th Street West. The property is zoned LCA25, offering potential for a range of residential projects. The asking price is $215,000, translating to $7,840.80 per acre. This represents a compelling land value in a desirable location. The property consists of two separate Assessor's Parcel Numbers (APN): 3263012092 and 93. The sale is offered directly by the owner, providing a streamlined transaction process. This expansive lot provides ample space for a variety of residential development plans, making it an attractive proposition for builders and investors alike. The property's location in West Lancaster offers proximity to local amenities and services while maintaining a tranquil setting. Serious inquiries are encouraged to explore the full potential of this remarkable land opportunity. The zip code is 93536.

Property profile

Verified
Property type Land
Lot 40.6 ac (1,768,536 SF)

Cap rate & NOI

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

Location

120Th St Lancaster, CA 93536
Lancaster metro
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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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