521 W Avenue I 23 Lancaster, CA ^$ 2,499,900

521 W Avenue I 23

^$ 2,499,900

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521 W Avenue I 23

Lancaster, CA, 93534

^$ 2,499,900

Studio Baths0.0 Sq 5,100

Monthly Estimate*

^$ 17,463

Listed by Re/Max All-Pro

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Studio

Commercial Property for sale in Lancaster, CA

for $2,499,900. This 5,100 square foot building was built in 1954 on a lot size of 1.6.

Motivated Seller! Seller Financing Available. Commercial Property. Great investment opportunity! Excellent corner location on Ave I & Sierra Highway. Sale includes listed building and four additional adjoining lots (APN’s 3135-027-008, 3135-027-009, 3135-027-025 and 3135-027-027). Total acreage for all lots combined is approximately 1.6 acres. There is a billboard (owned by Clear Channel) on the property with an annual income. 2 water meters on property according to the seller. Sewer & power connected.

Commercial Active

Price

^$ 2,499,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Business

Lot Size

1.6

Year Built

1954

Town/City

Lancaster

County/Region

Los Angeles

MLS | Web ID

SR24063500

Days on Market

Features

General

Heating Central

Cooling CentralAir

Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected

Roof Other

Year Built 1954

Unit Number 23

Property SubType Business

County Los Angeles

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions North West corner of Ave I & Sierra Hwy.

City Lancaster

View Y/N N

Senior Community Y/N N

MLS Area LAC - Lancaster

Lot Size Square Feet 69696.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Avenue I

Listing Terms Cash Conventional Item1031Exchange OwnerWillCarry

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 28

Building Area Units SquareFeet

Standard Status Active

Occupancy Description Tenant

Year Built Source PublicRecords

Property Sub Type Additional Business

Exterior

Fencing Partial

Lot Features Paved

Water Source Public

Lot Size Area 1.6

Spa N

Building Area Total 5100.0

Lot Size Acres 1.6

Lot Size Units Acres

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 521

* Excluded Features

List By

Re/Max All-Pro

Broker

(661) 945-9461

Phone

Affordability Calculator

$17,463

Per Month

Monthly Principal & Interest: $17,463
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Lancaster, CA

Average List Price ^$881,343

Percent of Sale Price 65%

About Lancaster, CA

164,660 Population

36% Since 2002

^$48,690 Median Income

32.94 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/29/2024	$2,499,900	-10.40%	Price Down
4/1/2024	$2,790,000		Listed Price

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521 W Avenue I 23, Lancaster, CA, 93534 is a Commercial Property for sale at $2,499,900 with 5,100 sqft and a lot size of 1.6. 521 W Avenue I 23 is a studio with 0.0 baths and was built in 1954. The property's zip code is 93534 which is in Lancaster, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/11/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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521 W Avenue I 23

Commercial Property for sale in Lancaster, CA

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