INVESTMENT OPPORTUNITY to live and work on this historical old Ranch, located on the west side of Lancaster, 6 miles from the freeway. The Ranch house and pink building were re-roofed 8 years ago by Disney while filming on site; and the interior framing is still in good shape, but would need to undergo a full rehab inside and out. New septic added a year ago. Water well, natural gas and electricity all on site. The zoning is M-1 Light Industrial which allows for several income producing opportunities including leasing land out to local businesses (M-1 use only), operating a Ranch, running an auto repair business, RV/Truck/Container parking site, storage facilities, a church site, construction business, or even warehouse/office spaces can be developed. So much potential exists here for the right visionary investor.
Sold for $851,000
Tax assessed value
$851,000
7344 W Avenue I, Lancaster, CA 93536
6beds
--baths
7,925sqft
Single Family Residence
Built in 1906
9.54 Acres Lot
$886,300 Zestimate®
$107/sqft
$5,099 Estimated rent
Home value
$886,300
$727,000 - $1.06M
$5,099/mo
Zestimate® history
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$5,493/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Ciji Ripoll DRE #01833725 323-424-9408,
RE/MAX All-Pro
Bought with:
Lori Fischer, DRE #00757849
Coldwell Banker-A Hartwig Co.
Source: GAVAR,MLS#: 24004442
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Heating
- None
Appliances
- Included: None
Features
- Has fireplace: Yes
- Fireplace features: Family Room, Wood Burning
Interior area
- Total structure area: 7,925
- Total interior livable area: 7,925 sqft
Property
Features
- Stories: 1
- Patio & porch: None
- Pool features: None
- Fencing: Chain Link,None
Lot
- Size: 9.54 Acres
- Features: Rectangular Lot
Details
- Additional structures: Guest House
- Parcel number: 3203003045
- Zoning: M-1 Light Industrial (Work and Live)
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood Siding, Frame, Stucco
- Foundation: Combination, Slab
- Roof: Composition,Shingle
Condition
- Year built: 1906
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Natural Gas Available, None
Community & HOA
Location
- Region: Lancaster
Financial & listing details
- Price per square foot: $107/sqft
- Tax assessed value: $851,000
- Annual tax amount: $11,797
- Date on market: 6/14/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Lease Option,Lease Purchase
- Road surface type: Dirt
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2024 | Sold | $851,000+0.1%$107/sqft |
Source:  GAVAR #24004442 Report a problem | ||
| 6/26/2024 | Pending sale | $850,000+6.9%$107/sqft |
Source: GAVAR #24004442 Report a problem | ||
| 6/14/2024 | Listed for sale | $795,000+144.6%$100/sqft |
Source: GAVAR #24004442 Report a problem | ||
| 12/19/2016 | Sold | $325,000+8.7%$41/sqft |
Source: Public Record Report a problem | ||
| 3/15/2016 | Sold | $299,000-33.6%$38/sqft |
Source: Public Record Report a problem | ||
| 3/29/2006 | Sold | $450,000$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,797 +114.4% | $851,000 +130.1% |
| 2024 | $5,502 +0.9% | $369,789 +2% |
| 2023 | $5,453 +1.8% | $362,539 +2% |
| 2022 | $5,356 +2.6% | $355,432 +2% |
| 2021 | $5,221 +1.3% | $348,464 +1% |
| 2020 | $5,156 | $344,892 +2% |
| 2019 | $5,156 +0.7% | $338,130 +2% |
| 2018 | $5,121 | $331,500 +2% |
| 2017 | $5,121 +1.7% | $325,000 -37.4% |
| 2016 | $5,035 -29.7% | $519,474 +1.5% |
| 2015 | $7,164 | $511,672 |
Find assessor info on the county website
Neighborhood: 93536
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Nearby schools
GreatSchools rating
- 5/10Del Sur Senior Elementary SchoolGrades: K-8Distance: 2 mi
- 6/10Quartz Hill High SchoolGrades: 9-12Distance: 3.4 mi
- 8/10Gregg Anderson AcademyGrades: K-6Distance: 5.5 mi
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Estimated market value
$886,300
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
$886,300
- California
- Los Angeles County
- Lancaster
- 93536
- 7344 W Avenue I
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