Property profile

1650 Ave K K Lancaster, CA 93534

OFF-MARKET
Parking lots & garages
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Property ID
US09-9898967
22,500 SF 0.37 ac Built 1979
Last sale Mar 2024·$3,408,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This single-tenant quick-service restaurant property is configured for an IHOP use and was developed as a new build. The site is located near the Antelope Valley Freeway at the intersection of West Avenue K and 17th Street West, an area supported by reported traffic volumes of 63,600+ vehicles per day and 34,200+ vehicles per day at the intersection. The surrounding area includes a large residential component (an apartment complex with 800 units) and multiple hotels, and within approximately…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$307k
Assessed land$307k
Effective rate1.33%

Value estimate

· Nov 2026
$3.41M
$3.07M – $3.75M
AI approach$3.41M
Submarket $/SF estimate$2.40M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$91/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$23 – $252
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LRC2*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply24.0
Wholesale Shop17.6
Kitchen & Bath15.2

Location

1650 Ave K K Lancaster, CA 93534-5930
County assessor Recorded deeds · 16 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1120 Commerce Ctr, Lancaster, CA 93534 $3,600,000 Sep 2024 19,166 SF
43244 Drivers, Lancaster, CA 93534-5854 $15,000,000 Aug 2024 34,313 SF
43226 Drivers, Lancaster, CA 93534-5854 $15,000,000 Aug 2024 13,726 SF
Lancaster, CA 93534 $670,500 Jun 2024 14,820 SF
44134 10th W, Lancaster, CA 93534-4232 $650,000 Apr 2024 22,000 SF
45044 Trevor, Lancaster, CA 93534-2648 $2,500,000 Apr 2024 13,690 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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