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Sold for $470,000
  • $470,000

    42452 5th St E, Lancaster, CA 93535

    1beds
    0baths
    1.27Acres
    VacantLand
    Built in 1949
    1.27 Acres Lot
    $380,800 Zestimate®
    $944/sqft
    $2,099 Estimated rent

    Home value

    $380,800

    $297,000 - $472,000

    $2,099/mo

    Zestimate® history
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    $2,099/mo

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    $2,980/mo

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    $2,980/mo

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    What's special

    Maybe just what you've been looking for! Over an acre n'quarter of heavy industrial zoned property, which allows for some of the densest industrial zoning uses allowed by the city of Lancaster. Existing 500sf SFR, a little house, is on the property & would make an excellent office. Newer FAU, but the house is in need of repair, & is not currently occupied. Almost new roof. House does require remodeling for office use. Parcel is just north of paved Avenue L-8 (less than 500 feet to property), and the water company, Landale Mutual Water, is on the corner L-8 & 5th East. Zoning uses include: Aircraft related manufacturing, storage, maintenance, repair or overhaul of aircraft or missile components, parts, accessories, equipment and power plants, automotive and other similar heavier industrial uses permitted only in the HI zone for Lancaster. Property is currently occupied by a month to month tenant, please do not disturb occupant who is merely keeping the weeds down.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 0
    Interior area
    • Total interior livable area: 498 sqft

    Property

    Lot
    • Size: 1.27 Acres
    • Topography: Level
    Details
    • Parcel number: 3126020005

    Utilities & green energy

    • Electric: On Property
    • Sewer: Septic Tank Installed

    Community & neighborhood

    Location
    • Region: Lancaster

    Other

    Other facts
    • Bond Assessment: Buyer to Verify
    • Flood Zone: Buyer to Verify
    • Natural Gas: None - See Remarks
    • Geological Hazard: Buyer to Verify
    • Improvements: None - See Remarks
    • Legal Access: Buyer to Verify, Yes
    • Road Frontage: Unimproved, Public
    • Road Surface: Dirt
    • Subord/Release: No Releases, No Subordinate
    • Tract Map: Record of Survey
    • Topography: Level
    • Lot Description: Rectangular
    • Lot Size: 1 - 1.99 Acres
    • Water: Stock
    • Electric: On Property
    • Sewer: Septic Tank Installed
    • Land Use: Industrial-Heavy, Industrial-Light
    • Fence: Chain Link, Completely Fenced

    Price history

    DateEventPrice
    5/7/2025Sold$470,000+116.6%$944/sqft
    Source: Public Record Report a problem
    9/11/2023Sold$217,000-11.4%$436/sqft
    Source: Public Record Report a problem
    11/16/2020Listing removed$245,000$492/sqft
    Source: Suburban Realty Av Inc #19006636 Report a problem
    4/29/2020Price change$245,000-1.2%$492/sqft
    Source: the voice of real estate #19006636 Report a problem
    3/4/2020Price change$248,000-0.8%$498/sqft
    Source: the voice of real estate #19006636 Report a problem
    6/15/2019Listed for sale$250,000$502/sqft
    Source: the voice of real estate #19006636 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,454 +92.6%$221,340 +2%
    2024$3,351 +242%$217,000 +903.8%
    2023$980 +18.7%$21,617 +2%
    2022$825 +75.4%$21,194 +2%
    2021$471 +1.2%$20,779 +1%
    2020$465 $20,567 +2%
    2019$465 +28.3%$20,164 +2%
    2018$362 $19,769 +2%
    2017$362 +1.2%$19,382 +2%
    2016$358 +6%$19,003 +1.5%
    2015$338 -6.9%$18,719 +2%
    2014$363 $18,353 +2.5%
    2012-- $17,914 +2%
    2011-- $17,564 +0.7%
    2010-- $17,434 -0.2%
    2009-- $17,477 +2%
    2008-- $17,135 +2%
    2007-- $16,800 +2%
    2006-- $16,472
    2005-- $16,472 +4%
    2004-- $15,834 +1.9%
    2003-- $15,545 +2%
    2002-- $15,241 +4%
    2000-- $14,651

    Find assessor info on the county website

    Neighborhood: 93535

    Nearby schools

    GreatSchools rating