Excellent investment opportunity! This 2.21-acre flat lot is zoned LRHI (Light Rural Heavy Industrial), offering a wide range of commercial and industrial possibilities. Located in Lancaster, this property is ideal for investors, developers, or business owners seeking land for industrial use.
Zoning allows for potential uses such as warehousing, trucking operations, storage, light manufacturing, and more. Buyer to verify all zoning, use, and development potential with the City of Lancaster or Los Angeles County Planning Department. Neither seller nor listing agent guarantees accuracy of zoning, usage, or property information.
For sale
Listed by: Coldwell Banker Hallmark • Roza Malkhasyan • Contact: 818-424-7557
Price cut: $4K (9/30)
$1,245,000
42336 5th St E, Lancaster, CA 93535
0beds
--baths
1,250sqft
Single Family Residence
Built in 1954
2.21 Acres Lot
$1,226,400 Zestimate®
$996/sqft
$-- HOA
What's special
- 63 days
- 73
- 0
Zillow last checked:
Listing updated:
Listed by:
Roza Malkhasyan DRE #02097620 818-424-7557,
Coldwell Banker Hallmark
Source: CRMLS,MLS#: GD26166200
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Cooling
- None
Appliances
- Laundry: None
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,250 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 2.21 Acres
- Features: 2-5 Units/Acre
Details
- Parcel number: 3126016041
- Zoning: LRHI*
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs
Location
- Region: Lancaster
Financial & listing details
- Price per square foot: $996/sqft
- Tax assessed value: $549,330
- Date on market: 8/9/2026
- Cumulative days on market: 63 days
- Listing terms: Cash,Cash to New Loan,Conventional
Estimated market value
$1,226,400
$1.17M - $1.29M
$2,595/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2026 | Price change | $1,245,000-0.3%$996/sqft |
Source:  CRMLS #GD26166200 Report a problem | ||
| 8/9/2026 | Listed for sale | $1,249,000+4.2%$999/sqft |
Source: CRMLS #GD26166200 Report a problem | ||
| 1/16/2026 | Listing removed | $1,199,000-7.7%$959/sqft |
Source:  SDMLS #GD25089128 Report a problem | ||
| 6/23/2025 | Listed for sale | $1,299,000+213%$1,039/sqft |
Source: SDMLS #GD25089128 Report a problem | ||
| 3/7/2024 | Sold | $415,000+3.8%$332/sqft |
Source: Public Record Report a problem | ||
| 4/13/2021 | Sold | $400,000-38.5%$320/sqft |
Source: Public Record Report a problem | ||
| 12/3/2020 | Listed for sale | $649,900+8.5%$520/sqft |
Source:  GAVAR #20009547 Report a problem | ||
| 5/24/2019 | Listing removed | $599,000$479/sqft |
Source: eXp Realty of California, Inc. #19003436 Report a problem | ||
| 3/30/2019 | Listed for sale | $599,000-4.1%$479/sqft |
Source: eXp Realty of California, Inc. #19003436 Report a problem | ||
| 4/7/2017 | Listing removed | $624,888$500/sqft |
Source: Keller Williams - Antelope Valley #17000721 Report a problem | ||
| 1/25/2017 | Listed for sale | $624,888+4.3%$500/sqft |
Source: Keller Williams - Antelope Valley #17000721 Report a problem | ||
| 2/8/2015 | Listing removed | $599,000$479/sqft |
Source: Berkshire Hathaway HomeSvcs. #1408961 Report a problem | ||
| 8/8/2014 | Listed for sale | $599,000-0.2%$479/sqft |
Source: Berkshire Hathaway HomeSvcs. #1408961 Report a problem | ||
| 7/31/2013 | Listed for sale | $599,900+130.7%$480/sqft |
Source: Keller Williams Realty - Antelope Valley #1307940 Report a problem | ||
| 6/1/2004 | Sold | $260,000$208/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $549,330 +2% |
| 2025 | $7,390 +25.4% | $538,560 +26.9% |
| 2024 | $5,894 +2.4% | $424,482 +2% |
| 2023 | $5,754 +4.5% | $416,160 +2% |
| 2022 | $5,504 +39.4% | $408,000 +33.3% |
| 2021 | $3,950 +1.4% | $306,030 +1% |
| 2020 | $3,897 | $302,893 +17.9% |
| 2019 | $3,897 +52.8% | $256,800 +29.9% |
| 2018 | $2,550 | $197,700 +15.2% |
| 2017 | $2,550 +13.3% | $171,600 |
| 2016 | $2,250 +3.4% | $171,600 |
| 2015 | $2,177 -2.1% | $171,600 |
| 2014 | $2,223 | $171,600 +28.3% |
| 2012 | -- | $133,700 |
| 2011 | -- | $133,700 |
| 2010 | -- | $133,700 |
| 2009 | -- | $133,700 -64.9% |
| 2008 | -- | $380,994 +2% |
| 2007 | -- | $373,524 +2% |
| 2006 | -- | $366,200 +35.4% |
| 2005 | -- | $270,504 +156.8% |
| 2004 | -- | $105,340 +1.9% |
| 2003 | -- | $103,410 +2% |
| 2002 | -- | $101,383 +4% |
| 2000 | -- | $97,448 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 93535
Similar homes
- $675,0003 bd2 ba1.3k sqft1642 W Avenue L8, Lancaster, CA 93534For Sale
MLS ID #26007309, Edith Gorman. GAVAR - $--3 bd2 ba1.7k sqft34750 Garlock Rd, Acton, CA 93510Auction
Auction.com 1 - $724,9003 bd2 ba1.7k sqft40458 12th St W, Palmdale, CA 93551For Sale
MLS ID #26006655, Randy Sandoval. GAVAR - $679,0003 bd1 ba1.2k sqft2131 W Avenue M12, Palmdale, CA 93551For Sale
MLS ID #PW26178884, Rocio Valiente, Realty One Group United. CRMLS
