220 W Avenue H6 Lancaster, CA 93534

$5,300,000 Sold Price as of 10/11/2017

-- Beds
-- Baths
39,600 Sq.Ft.

Off Market

$5,300,000 Sold Price as of 10/11/2017 Refinance Your Mortgage

Map preview of 220 W Avenue H6, Lancaster, CA 93534

Property Overview: 220 W Avenue H6 Lancaster, CA has -- bedrooms, -- bathrooms, 39,600 living square feet and 124,102 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

220 W Avenue H6 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 $495,000. The median price per/sqft for Lancaster is $270. 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 $99,000 for the down payment and will need roughly $9,900 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 $25,000. 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 220 W Avenue H6

Last sold for $5,300,000 on October 11th, 2017

January, 2019
Jan 1, 2019

Date

Expired

CRMLS: SR17272072

--

Price
Dec 8, 2017

Date

Active

CRMLS: SR17272072

--

Price
Listing provided courtesy of CRMLS

A fully entitled Medical Cannabis Cultivation & Manufacturing Development with a conditional use permit. This is a built to suit turn key facility located in the business friendly and regulated ordinance compliant city of Lancaster, California just 50 miles North of Los Angeles, which remains to be the largest Medical Marijuana market in the country. Located on Trevor Avenue, this flat partially graded property is 12 acres with all utilities, sewers and water to the site.There is 53,000 existing with the potential for an additional 150,000 sf of Cultivation and manufacturing buildings. The city of Lancaster has its own energy & produces energy from sustainable sources, such as solar & wind energy. Another key advantage is that Lancaster has been recognized as the "most business friendly" city. This is being developed as a condominium subdivision to either develop each building, or sell off individual buildings to cultivation and manufacturing businesses. The vacant land is fully entitled with a conditional use permit for the entire property and will be developed in phases. This will be a secure, safe haven giving tenants peace of mind. With affordability, flexibility, security & functionality, this is the space for you! Located just minutes from the 14 freeway this property is centrally located. Approximately 1 hour from: 5 Fwy S. (50 miles) 5 Fwy N. (35 miles) 118 Fwy (55 miles) 15 Fwy (65 miles) 405 Fwy (60 miles) 210 Fwy (60 miles) Hwy 395 (60 miles) 58 Fwy (35 miles)

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October, 2017
Oct 11, 2017

Date

Sold (Public Records)

Public Records

$5,300,000

Price

Tax History for 220 W Avenue H6

Assessed Value (2020): $4,543,426

Year	Land Value	Improved Value	Assessed Value
2020	$1,971,558	$2,571,868	$4,543,426

About 220 W Avenue H6

Detailed summary of property

220 W Avenue H6 is categorized with a use code of Warehouse (Industrial) in Lancaster, CA 93534 and last sold on October 11, 2017 for $5,300,000. This property has -- bedrooms, -- bathrooms, roughly 39,600 living square feet, and sits on an approximately 124,102 square foot lot. Homes in Lancaster are selling for a median price of $500,000 and a median price per square foot of $272. Based on Ardent Real Estate Group's Lancaster Market Data, this home is sold 960% higher than the current median priced home. 220 W Avenue H6 was last sold on October 11, 2017 for $5,300,000. Local nearby listings include 1816 El Sereno Ave, 1238 E Woodbury Rd and 1296 E Woodbury Rd. The average home in Lancaster, CA is selling in 61 days. There are currently 574 homes for sale in the Lancaster real estate market and 546 of them are single family homes while 19 of them are condos and 9 are townhomes. If you are the homeowner and looking to sell the home at 220 W Avenue H6 Lancaster, CA 93534 contact Ardent Real Estate Group and we will put you in touch with one of our Lancaster agents.

Public Facts for 220 W Avenue H6

Public county record property details

Beds: --
Baths: --
Year built: 2003
Sq. Ft.: 39,600
Lot Size: 124,102
Stories: --

Type: Warehouse (Industrial)
Pool: No
Spa: No
County: Los Angeles
Lot#: 19-22
APN: 3137-012-069

The source for these homes facts are from public records.

93534 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$425,000

Median List Price/Sq.Ft.

$297

Median Sold Price

$488,000

Median Sold Price/Sq.Ft.

$306

Total Inventory

106

Median Sale to List Price %

103.85%

Avg Days on Market

Loan Type

Conventional (27.78%), FHA (61.11%), VA (0%), Cash (11.11%), Other (0%)

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