Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    44825 Elm Ave Lancaster, CA 93534-3161
    Back to Search
    Property profile & analytics

    44825 Elm Ave, Lancaster, CA 93534-3161

    View on Map
    • Apartment buildings
    • 17,856 SF
    • 0.37 lot acres
    Off-Market
    Last Sale Jun 22, 2025
    $10,625,000
    Property ID
    US09-9162690
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Babjide Inc. / Home Decor Store / Party Supply Store

    Property Details for 44825 Elm Ave

    Year built
    2011
    Construction
    WOOD
    Lot size
    0.37 lot acres
    Zone code
    LRC3-P1*
    Property type
    Apartment buildings
    APN
    3133-024-019
    APU
    3133024019

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 22, 2025 $10,625,000 Eah Sagebrush LP Lean Mean Fighting Machine LP Grant Deed $9.5M · Community Vision Capital & Consulting
    May 4, 2022 — Lean Mean Fighting Machine LP — Deed · related $1.4M · Tina M Ehrlich Irrevocable Trust
    — — Lean Mean Fighting Machine LP — Deed Of Trust · related $1.7M · Pnc Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Los Angeles
    State
    California
    Longitude
    -118.142
    Latitude
    34.6968
    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
    $8,217
    $82,250
    $2,303,012
    $2,385,262
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $15,375,000
      106,485 SF

      530 Jackman St

      APARTMENT HOUSE (5+ UNITS)
      530 Jackman St, Lancaster, CA 93534-2553
      View Details
    • Value Estimation
      $610,000
      5,580 SF

      44318 Beech Ave

      APARTMENT HOUSE (5+ UNITS)
      44318 Beech Ave, Lancaster, CA 93534-4304
      View Details
    • Value Estimation by Request
      3,926 SF

      44120 Beech Ave, Unit 1

      APARTMENT HOUSE (5+ UNITS)
      44120 Beech Ave, Lancaster, CA 93534-4407
      View Details
    • Value Estimation by Request
      48,826 SF

      43570 Gadsden Ave

      APARTMENT HOUSE (5+ UNITS)
      43570 Gadsden Ave, Lancaster, CA 93534-6126
      View Details
    • Value Estimation by Request
      126,102 SF

      43223 Gadsden Ave

      APARTMENT HOUSE (5+ UNITS)
      43223 Gadsden Ave, Lancaster, CA 93534-6348
      View Details
    • Value Estimation by Request
      143,852 SF

      43230 Gadsden Ave

      APARTMENT HOUSE (5+ UNITS)
      43230 Gadsden Ave, Lancaster, CA 93534-6178
      View Details

    Similar Nearby for Sale

    • New
      $1,375,000
      5,050 SF

      Lancaster Multifamily Investment Opportunity

      Well-maintained 7-unit multifamily property near Lancaster's Cultural District.
      44751 Fern Ave, Lancaster, CA 93534
      View Details
    • Contact for pricing
      5,050 SF

      Seven-Unit Multifamily Property

      Well-maintained income property featuring seven units, offering a straightforward option for residential rental ownership.
      44751 Fern Ave, Lancaster, CA 93534
      View Details
    • Contact for pricing

      Well-Maintained Four-Unit Multifamily Property

      Four-unit property with strong income potential and flexible rental options.
      45110 Elm Ave, Lancaster, CA 93534
      View Details
    • $599,900
      1,731 SF

      Lancaster Duplex Investment Opportunity

      Duplex with two units near freeway, shopping, and stadium.
      45348 10Th St, Lancaster, CA 93534
      View Details
    • New
      $1,090,000
      3,940 SF

      Four-Unit Quadplex with Two-Bedrooms

      Four 2-bedroom, 1-bath units in a well-maintained quadplex near shopping and schools in Lancaster, CA.
      1011 Avenue H12 W, Lancaster, CA 93534
      View Details
    • $595,000
      1,768 SF

      Lancaster Multifamily Investment Opportunity

      Two separate houses, ideal for families or investment.
      45131 Trevor Ave, Lancaster, CA 93534
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Day Care Opportunity in Lancaster

      Potential day care center available for rent in Lancaster, CA.
      44802 Elm Ave, Lancaster, CA 93534
      View Details
    • $1.45 SF/Yr

      Lancaster Restaurant Opportunity For Rent

      Restaurant space with full FFE, hoods, and active license.
      1525 Avenue K W, Lancaster, CA 93534
      View Details
    • Contact for pricing
      217,700 SF

      Distribution Facility Available Q4 2025

      Distribution facility featuring 28 dock-high doors, available Q4 2025.
      360 Avenue L4 W, Lancaster, CA 93534
      View Details
    • $1.00 SF/Yr
      2,050 SF

      Lancaster Retail/Office Space Available

      2,050 sq ft retail/office space on heavily traveled intersection.
      903 Avenue J W, Lancaster, CA 93534
      View Details
    • $2,500 /Mo
      13,553 SF

      Lancaster Commercial Ministry Space Available

      Ministry facilities available for lease in Lancaster, California.
      224 W Lancaster Blvd, Lancaster, CA 93534
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    44825 Elm Ave
    Lancaster, CA 93534-3161
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    44825 Elm Ave, Lancaster, CA, 93534
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!