42336 5th Street East, Lancaster, CA 93535
42336 5th Street East, Lancaster, CA 93535
Property Description
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.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Lancaster · Single Family Residence
Listed 236.5% above the median closed sale of $370,000. Price per sqft ($996) is a 235% premium to closed comps ($297). Closed comps sold at 94% of list — buyers have negotiating leverage.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 44353 Kirkland | Lancaster | 1955 | 3 | 2 | 1,275 | 6,524 | $314 | $400,000 | 85 | 86 |
| 45514 12th Street | Lancaster | 1955 | 4 | 2 | 1,287 | 6,636 | $333 | $429,000 | 105 | 85 |
| 916 Avenue J8 | Lancaster | 1956 | 3 | 2 | 1,307 | 7,015 | $306 | $400,000 | 117 | 83 |
| 2005 Oldfield | Lancaster | 1955 | 3 | 2 | 1,143 | 7,315 | $311 | $355,000 | 118 | 82 |
| 44022 Stanridge Avenue | Lancaster | 1954 | 4 | 2 | 1,165 | 7,335 | $335 | $389,900 | 272 | 81 |
| Total: 5 · Average | 3.4 | 2.0 | 1,235.4 | 6,965 | $319.8 | $394,780 | 139.4 | |||
| Median | 1,275 | $400,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 44938 Lorimer | Lancaster | 1955 | 09/22/2026 | 3 | 2 | 1,230 | 8,116 | $449,000 | $455,000 | $370 | 1.01 | 99 | 87 |
| 1368 Indian Sage | Lancaster | 1955 | 10/07/2026 | 3 | 2 | 1,181 | 6,009 | $365,000 | $300,000 | $254 | 0.82 | 159 | 86 |
| 43253 6th | Lancaster | 1957 | 10/02/2026 | 4 | 1 | 1,208 | 8,256 | $385,000 | $385,000 | $319 | 1.00 | 142 | 86 |
| 40525 166th | Lancaster | 1969 | 10/01/2026 | 3 | 2 | 1,264 | 29,271 | $375,000 | $370,000 | $293 | 0.99 | 84 | 83 |
| 44251 Carolside Avenue | Lancaster | 1954 | 10/07/2026 | 3 | 1 | 1,036 | 6,980 | $289,990 | $260,000 | $251 | 0.90 | 91 | 81 |
| Total: 5 · Average | 3.2 | 1.6 | 1,183.8 | 11,726.4 | $354,000 | $354,000 | $297.4 | — | 115 | ||||
| Median | 1,208 | $370,000 | $370,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.