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

521 W Ave I # 23

^$ 2,499,900

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521 W Ave I # 23

Lancaster, CA, 93534

^$ 2,499,900

Studio Baths0.0 Sq 5,100

Monthly Estimate*

^$ 17,463

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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

Retail

Lot Size

1.6

Year Built

1954

Town/City

Lancaster

County/Region

Los Angeles

MLS | Web ID

24002291

Features

General

Construction Block

Utilities Natural Gas Public Water Sewer Connected

Roof Metal

Parking Open

Zoning LRC

Stories 1 Story

Exterior

Foundation Concrete Slab

Fencing None

* Excluded Features

List By

Priyam Rajapaksa

Listing Agent

Re/Max All-Pro

Broker

priyamrealtor@gmail.com

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 ^$807,921

Percent of Sale Price 68%

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.

2189091 Elementary School

2189092 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 Ave 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 Ave 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 Greater Antelope Valley Association of REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Antelope Valley Association of REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/2/2024.

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521 W Ave I # 23

Commercial Property for sale in Lancaster, CA

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