342 E Lancaster Boulevard Lancaster, CA $ 900,000
342 E Lancaster Boulevard
$ 900,000
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342 E Lancaster Boulevard

Lancaster, CA, 93535
$ 900,000
Bedrooms-- Baths-- Sq 3,212

Monthly Estimate*

$ 5,541

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Commercial Property for sale in Lancaster, CA

for $900,000. This 3,212 square foot building was built in 1958 on a lot size of 0.16.

Investment Opportunity: 6-Unit Multi-Family Property in Prime Lancaster LocationPresenting a rare opportunity to own a well-maintained 6-unit multi-family residential property in the heart of Lancaster, located at 342 E Lancaster Boulevard. This income-producing asset features a total of 6 bedrooms and 6 bathrooms, with each unit offering 1 bed and 1 bath, ideal for long-term tenants or short-term rentals.Built in 1958, this 3,212 sq ft building sits on a generous 6,755 sq ft lot, offering plenty of on-site parking and potential for value-add improvements or outdoor communal space. The property combines classic mid-century charm with solid construction and steady cash flow, making it a smart addition to any investment portfolio.Strategically located on Lancaster Boulevard, this property is just steps from local shops, dining, and public transportation, ensuring high rental demand in a revitalizing downtown corridor. The area continues to benefit from community-focused redevelopment and growing economic activity.Whether you're a seasoned investor or entering the multi-family market, this turnkey property offers long-term upside and dependable income in one of Lancaster's most promising neighborhoods.

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Commercial Active

Price

$ 900,000

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

0.16

Year Built

1958

Town/City

Lancaster

County/Region

Los Angeles

MLS | Web ID

25007197

Features
General
Utilities Natural Gas Electricity Available Public
Roof Tile
Parking Public On Street
Zoning LRR3*
Stories Count 1 Story
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Exterior
Foundation Concrete Slab
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* Excluded Features
List By
Manuel Morales

Listing Agent

Johnhart Real Estate

Broker

mannym777@gmail.com

Email

Affordability Calculator

$5,541
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,541
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2189091 Elementary School
2189092 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/14/2026$900,000 -8.63% Price Down
9/13/2025$985,000 Listed Price

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342 E Lancaster Boulevard, Lancaster, CA, 93535 is a Commercial Property for sale at $900,000 with 3,212 sqft and a lot size of 0.16. 342 E Lancaster Boulevard was built in 1958. The property's zip code is 93535 which is in Lancaster, CA