Fantastic Investment Opportunity! Prime location on a 1.15-acre corner lot that has been Re-Zoned with a Commercial OP designation that's located a signalized corner in a Prime West Lancaster location. There is currently an existing Triplex which consists of 4 bedrooms, 2 bath Single Family Home and a detached Duplex consisting of two 1 bedroom, 1-bathroom units. All leases are currently month to month. The new Commercial OP Zoning Designation allows for Eating and Drinking Establishment's, Communication Facilities, Financial Institutions, Professional Offices, Retail Sales Establishments and Schools. Collect Rental Income while planning your next re-development investment project.
The median home value in Lancaster, CA is $536,000. This is lower than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Lancaster, CA is $536,000. Approximately 51.88% of Lancaster homes are owned, compared to 42.49% rented, while 5.63% are vacant. Lancaster real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lancaster real estate agent to arrange a tour today!
Lancaster, California 93536 has a population of 171,820. Lancaster 93536 is more family-centric than the surrounding county with 32.52% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Lancaster, California 93536 is $61,454. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Lancaster 93536 is 33.3 years.
The average high temperature in July is 97.7 degrees, with an average low temperature in January of 32.1 degrees. The average rainfall is approximately 7.7 inches per year, with 0.9 inches of snow per year.