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2507 W Avenue L Lancaster, CA 93536
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Key Details
Sold Price $745,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR25029874
Sold Date 08/27/25
HOA Y/N No
Year Built 1944
Lot Size 1.146 Acres
Property Sub-Type Multi Family
Property Description
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 one 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.
Location
State CA
County Los Angeles
Area Lac - Lancaster
Interior
Fireplace No
Laundry See Remarks
Building
Lot Description 2-5 Units/Acre, Corner Lot
Story 1
Water Public
Others
Tax ID 3112003050
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash
Special Listing Condition Standard
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Bought with Douglas Terrell Berkshire Hathaway HomeServices Troth, Realtors