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.
Sold for $745,000
$745,000
2507 W Avenue L, Lancaster, CA 93536
6beds
4baths
3,422sqft
Multi Family
Built in 1944
-- sqft lot
$750,600 Zestimate®
$218/sqft
$2,133 Estimated rent
Home value
$750,600
$668,000 - $826,000
$2,133/mo
Zestimate® history
Owner options
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$2,133/mo
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$2,133/mo
Rent Zestimate®
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$4,712/mo
Est. payment
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$4,712/mo
Est. payment
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List your homeWhat's special
Signalized cornerCorner lotSingle family home
Zillow last checked:
Listing updated:
Listed by:
Fabian L Terracciano DRE #1025656 661-209-1192,
RE/MAX All-Pro
Bought with:
Douglas L Terrell, DRE #01912546
Berkshire Hathaway HomeServices Troth, REALTORS
Source: GAVAR,MLS#: 25000962
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Interior area
- Total structure area: 3,422
- Total interior livable area: 3,422 sqft
Property
Lot
- Size: 1.15 Acres
Details
- Parcel number: 3112003050
- Zoning: Commercial/Office Professional
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding, Stucco
- Roof: Composition
Condition
- Year built: 1944
Community & HOA
Location
- Region: Lancaster
Financial & listing details
- Price per square foot: $218/sqft
- Tax assessed value: $426,519
- Annual tax amount: $6,019
- Date on market: 3/26/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2025 | Sold | $745,000-3.9%$218/sqft |
Source:  GAVAR #25000962 Report a problem | ||
| 4/10/2025 | Pending sale | $775,000$226/sqft |
Source: GAVAR #25000962 Report a problem | ||
| 3/26/2025 | Listed for sale | $775,000$226/sqft |
Source: GAVAR #25000962 Report a problem | ||
| 3/14/2025 | Pending sale | $775,000$226/sqft |
Source: GAVAR #25000962 Report a problem | ||
| 3/6/2025 | Price change | $775,000-1.9%$226/sqft |
Source: GAVAR #25000962 Report a problem | ||
| 2/7/2025 | Listed for sale | $789,900-0.6%$231/sqft |
Source: GAVAR #25000962 Report a problem | ||
| 10/22/2024 | Listing removed | $795,000$232/sqft |
Source: JohnHart Real Estate #SR24172372 Report a problem | ||
| 8/26/2024 | Price change | $795,000-4.8%$232/sqft |
Source: JohnHart Real Estate #SR24172372 Report a problem | ||
| 8/23/2024 | Listed for sale | $835,000$244/sqft |
Source: JohnHart Real Estate #SR24172372 Report a problem | ||
| 8/23/2024 | Listing removed | $835,000$244/sqft |
Source: JohnHart Real Estate #SR24172372 Report a problem | ||
| 8/20/2024 | Listed for sale | $835,000$244/sqft |
Source: JohnHart Real Estate #SR24172372 Report a problem | ||
| 8/20/2024 | Listing removed | $835,000$244/sqft |
Source: JohnHart Real Estate #SR24139134 Report a problem | ||
| 7/18/2024 | Listed for sale | $835,000+3973.2%$244/sqft |
Source: JohnHart Real Estate #SR24139134 Report a problem | ||
| 11/2/2000 | Sold | $20,500$6/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,019 +6.6% | $426,519 +2% |
| 2024 | $5,647 +2.3% | $418,157 +2% |
| 2023 | $5,520 +2.2% | $409,958 +2% |
| 2022 | $5,404 +1.2% | $401,921 +2% |
| 2021 | $5,339 +1.4% | $394,042 +1% |
| 2020 | $5,267 | $390,003 +2% |
| 2019 | $5,267 +9% | $382,356 +2% |
| 2018 | $4,832 | $374,859 +13.6% |
| 2017 | $4,832 +11.8% | $330,000 |
| 2016 | $4,320 +3.8% | $330,000 +23.6% |
| 2015 | $4,164 +67.3% | $267,000 +44.3% |
| 2014 | $2,489 | $185,000 +23.3% |
| 2011 | -- | $150,000 -25% |
| 2010 | -- | $200,000 -39.6% |
| 2009 | -- | $331,220 +2% |
| 2008 | -- | $324,727 +176% |
| 2004 | -- | $117,638 +1.9% |
| 2003 | -- | $115,483 +2% |
| 2002 | -- | $113,220 +12.2% |
| 2000 | -- | $100,876 |
Find assessor info on the county website
Neighborhood: 93536
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Nearby schools
GreatSchools rating
- 5/10John And Jacquelyn Miller Elementary SchoolGrades: K-7Distance: 0.9 mi
- 4/10Lancaster High SchoolGrades: 9-12Distance: 2.5 mi
- 3/10Amargosa Creek Middle SchoolGrades: 6-8Distance: 1.9 mi
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Estimated market value
$750,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$750,600
- California
- Los Angeles County
- Lancaster
- 93536
- 2507 W Avenue L
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