150 E Lancaster Blvd Lancaster, CA 93535

$1,520,000 Sold Price as of 12/12/2018

9 Beds
6 Baths
4,346 Sq.Ft.

Off Market

$1,520,000 Sold Price as of 12/12/2018 Refinance Your Mortgage

Map preview of 150 E Lancaster Blvd, Lancaster, CA 93535

Property Overview: 150 E Lancaster Blvd Lancaster, CA has 9 bedrooms, 6 bathrooms, 4,346 living square feet and 10,309 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

150 E Lancaster Blvd is currently an off market home in the city of Lancaster. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Lancaster has a median list price of $499,000. The median price per/sqft for Lancaster is $267. With those numbers in mind, if you are looking to purchase a median priced home in Lancaster, CA and put 20% down you will need to save up $99,800 for the down payment and will need roughly $9,980 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Lancaster the commission could be as much as $23,900. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 150 E Lancaster Blvd

Last sold for $1,520,000 on December 12th, 2018

December, 2018
Dec 12, 2018

Date

Sold

CRMLS: SR18213498

$1,520,000

Price
Oct 16, 2018

Date

Active Under Contract

CRMLS: SR18213498

$1,625,000

Price
Sep 19, 2018

Date

Price Change

CRMLS: SR18213498

$1,625,000

Price
Sep 4, 2018

Date

Active

CRMLS: SR18213498

$1,725,000

Price
Listing provided courtesy of CRMLS

Price reduced by $100,000. Actual gross income of $169,440 and 7.03% CAP. This offering encompasses two contiguous parcels of 150 and 160 East Lancaster consisting of five 2 bedrooms/ 1 bath and nine 1 bedrooms/ 1 bath apartments. Magnificent opportunity to own an investment property with great income and no rent control in Lancaster, California. Premier location in City; adjacent to Highway 14, the main freeway connecting the greater Los Angeles area to the Antelope Valley. The Lancaster/Palmdale area is a growing, business-friendly region, and home to several large corporations such as Lockheed Martin, Northrop Grumman, Space X, Boeing, General Dynamics, and NASA. Northrop Grumman is in process of increasing its operations in the area, and rental rates have increased significantly to accommodate the increased demand.

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December, 2018
Dec 12, 2018

Date

Sold (Public Records)

Public Records

$1,520,000

Price
March, 2004
Mar 4, 2004

Date

Sold (Public Records)

Public Records

$840,000

Price

Tax History for 150 E Lancaster Blvd

Assessed Value (2020): $701,880

Year	Land Value	Improved Value	Assessed Value
2020	$139,740	$562,140	$701,880

About 150 E Lancaster Blvd

Detailed summary of property

150 E Lancaster Blvd is categorized with a use code of Apartment House (5+ Units) in Lancaster, CA 93535 and last sold on December 12, 2018 for $1,520,000. This property has 9 bedrooms, 6 bathrooms, roughly 4,346 living square feet, and sits on an approximately 10,309 square foot lot. Homes in Lancaster are selling for a median price of $478,000 and a median price per square foot of $281. Based on Ardent Real Estate Group's Lancaster Market Data, this home is sold 217.99% higher than the current median priced home. 150 E Lancaster Blvd was last sold on December 12, 2018 for $1,520,000. Local nearby listings include 1614 Navarro Ave, 867 E Howard St and 490 W Howard St. The average home in Lancaster, CA is selling in 60 days. There are currently 472 homes for sale in the Lancaster real estate market and 454 of them are single family homes while 12 of them are condos and 6 are townhomes. If you are the homeowner and looking to sell the home at 150 E Lancaster Blvd Lancaster, CA 93535 contact Ardent Real Estate Group and we will put you in touch with one of our Lancaster agents.

Public Facts for 150 E Lancaster Blvd

Public county record property details

Beds: 9
Baths: 6
Year built: 1957
Sq. Ft.: 4,346
Lot Size: 10,309
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: --
APN: 3142-007-049

The source for these homes facts are from public records.

93535 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$440,500

Median List Price/Sq.Ft.

$274

Median Sold Price

$450,000

Median Sold Price/Sq.Ft.

$278

Total Inventory

151

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (31.58%), FHA (57.89%), VA (2.63%), Cash (5.26%), Other (0%)

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(714) 706-1823

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