$825,000
$895,000
7.8%For more information regarding the value of a property, please contact us for a free consultation.
5,588 SqFt
SOLD DATE : 09/05/2025
Key Details
Sold Price $825,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,588 sqft
Price per Sqft $147
MLS Listing ID CL25553283
Sold Date 09/05/25
HOA Y/N No
Year Built 1983
Lot Size 0.351 Acres
Acres 0.35
Property Sub-Type Other
Property Description
**PLEASE DO NOT DISTURB TENANTS. CALL LISTING AGENT FOR MORE INFORMATION. We are pleased to present a 5-unit apartment building located at 102 E Lancaster Boulevard in Lancaster, California. The subject property is in a solid Lancaster location, east of Division Street and south of Lancaster Boulevard. Built in 1983, this property contains a great unit mix of five (5) two-bedroom / two-bathroom units averaging 1,118 SF each. One (1) tenant is on Section 8. Each unit features second story balcony space and fenced back patio space. These character, Spanish-style units sit on a large 15,278 SF corner lot. There is an abundance of on-site parking available with fully parked garage parking and plenty of uncovered space. There is strong potential to utilize SB 1211 and build up to five (5) ADUs out of the three (3) existing garage structures while leaving fully parked on-site parking available. The Lancaster area is developing with new commercial amenities such as Sprouts Farmers Market, Dutch Bros, Chick-Fil-A, and a new food assembly and distribution center for Trader Joe's all coming to the area. Various industries are coming to the city to take advantage of its numerous economic opportunities with several Fortune 500 companies planting operations in the area such as Morton Manufact
Location
State CA
County Los Angeles
Zoning LRR3
Interior
Heating Wall Furnace
Flooring Wood
Fireplace No
Building
Lot Description Other
New Construction No
Others
Tax ID 3142007050
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