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Financial
Distress signals
Property profile

408 W Lancaster Blvd Lancaster, CA 93534

FOR SALE
Other apartment buildings
Property ID
US09-6366464
3,235 SF 0.16 ac lot Built 1958
Last sale Jun 2017 · $275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located in downtown Lancaster near the train station, schools, and civic buildings, with retail and dining nearby, the property is a commercial building that was historically used as a mail mart. The interior includes a large cooler area suitable for food-storage uses, and the building was most recently configured for use as a tattoo parlor, indicating an open, adaptable commercial layout suitable for a variety of street-level or service-oriented businesses.

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?
$7k
Tax billed · 2024
Assessed value$313k
Assessed land$51k
Assessed improvement$262k
Effective rate2.17%

Value estimate

· Oct 2026
$265k
$239k – $292k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$334/SF
Submarket average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$105 – $731
Qualifying comparables12

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?
LRR3*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.7
Dry Cleaner9.6
Electrical Service9.3

Location

408 W Lancaster Blvd Lancaster, CA 93534
County assessor Recorded deeds · 5 transfers 12 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
44116 Division, Lancaster, CA 93535-3536 $100,000 Dec 2024 2,704 SF
45825 100th E, Lancaster, CA 93535-8416 $560,005 Jun 2021 3,268 SF
44024 Division, Lancaster, CA 93535-3546 $850,008 Oct 2020 5,504 SF
3118 Ave H8, Lancaster, CA 93535-2437 $875,008 Jun 2019 4,800 SF
150 Lancaster, Lancaster, CA 93535-2584 $1,520,015 Dec 2018 4,346 SF
160 Lancaster, Lancaster, CA 93535-2585 $1,520,015 Dec 2018 4,884 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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