1240 Ave K K Lancaster, CA 93534-5922
Property profile & analytics
1240 Ave K K, Lancaster, CA 93534-5922
- Community centers
- 7,270 SF
- 0.57 lot acres
Property ID
US09-7460577
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Community centers
Property Details for 1240 Ave K K
- Year built
- 1987
- Construction
- WOOD
- Lot size
- 0.57 lot acres
- Zone code
- LRC3DP*
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 3125-021-004
- APU
- 3125021004
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 31, 2023 | $2,650,000 | K At 13th LLC | Thomas D Rand Luby | Grant Deed | — |
| Dec 9, 2022 | — | Thomas D Rand Luby | — | Deed · related | $972k · Patricia Hwang |
| Mar 21, 2018 | $6,900,000 | Rand-luby,thomas D Living Trust | Cp Commerce Shops LLC | Grant Deed | $4.4M · American First Cu |
| Oct 31, 2013 | $5,400,000 | Cp Commerce Shops LLC | Avenue K Lancaster Ucm Of Cadence | Grant Deed | $3.2M · Key Bank NA |
| Oct 23, 2012 | — | Avenue K Lancaster Ucm Of Cadence | — | Deed Of Trust · related | $18.6M · Uvaf I/lancaster Center LLC |
| Sep 10, 2010 | — | Avenue K Lancaster Ucm Of Cadence | — | Deed Of Trust · related | $27.5M · Capmark Bank |
| Sep 3, 2008 | — | Avenue K Lancaster Ucm Of Cadence | — | Deed Of Trust · related | $27.5M · Capmark Bank |
| Aug 17, 2005 | $18,266,500 | Avenue K Lancaster Ucm Of Cadence | Passco Lancaster LLC | Grant Deed | — |
| Aug 16, 2005 | — | Avenue K Lancaster Ucm Of Cadence | Passco Lancaster LLC | Grant Deed · related | — |
| Jan 16, 2002 | — | Passco Lancaster LLC | Lancaster Commerce Ctr | Quit Claim Deed · related | — |
| — | — | Commer Lancaster | — | Deed Of Trust · related | $14.8M · Confederation Life Insurance |
| — | — | Lancaster Commerce Center | — | Deed Of Trust · related | $4.5M · Confederation Life Insurance |
| — | — | Commer Lancaster | — | Deed Of Trust · related | — |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,665,000
- ML approach
- $2,475,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,265,000
- 6.5%
- $2,095,000
- 7%
- $1,945,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,570,000
Market price range: $655k - $3.57M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $2,000,000 Current use
- MEDICAL BUILDING
- $3,305,000 Change: +65% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $2,455,000 Change: +23% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $2,415,000 Change: +21% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $2,245,000 Change: +12% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Los Angeles
- State
- California
- Longitude
- -118.154
- Latitude
- 34.6745
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$41,048
$1,400,000
$1,250,000
$2,650,000
-
$0.00
$0.00
$0.00
