44215 15Th StLancaster, CA 93534

Property Details for 44215 15Th St

Year built

1988

Construction

STEEL FRAME

Lot size

0.46 AC

Property size (Sq ft)

46,163 SF

Zone code

LRC3*

Property type

Office properties

Property subtype

Office buildings

APN

3123-001-917

APU

3123001917

Description

This vacant 1,478 square foot medical office condo, located at 44215 15th St W, Lancaster, CA 93534, presents a compelling owner-user or investment opportunity. Priced at $330,000 ($223.27/sq ft), this Class B property is situated within AV Hospital Medical Plaza, offering a desirable campus-like setting with ample parking and elevator access. The building, constructed in 1988, is a four-story structure, zoned LHD. This single-unit condo boasts a spacious lobby with ample seating and a welcoming reception area, easily accommodating multiple workstations. Beyond the secure lobby entrance, the layout includes five large exam rooms (each with sinks, one suitable for a lab), a private office with its own restroom, a patient restroom, and two storage closets. A second private entryway for staff enhances functionality. The property's location on the AV Hospital campus provides proximity to medical neighbors and convenient freeway access. The property is currently vacant and ready for immediate occupancy. The APN is 8940-008-036.

• CAP approach

  CAP return

  Valuation

  6%

  $14,659,915

  6.5%

  $13,532,229

  7%

  $12,565,641

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,778,356

  Geo Method

  $8,778,356

• Alternative Use

  Use

  Valuation

  Residential

  $16,779,964

  Hospitality

  $15,370,357

  Educational

  $12,787,956

  Medical

  $13,227,754

  Retail

  $19,892,376

Location Insight

City

Lancaster

County

Los Angeles

State

California

Latitude

34.6866

Longitude

-118.159

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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