42336 5th Street E, Lancaster, California 93535, Lancaster, 93535 - 0 bed, 0 bath
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42336 5th Street E
Lancaster, California 93535
ACTIVE
CONDITION: TEAR DOWN
0Beds
0Baths
1,250Sq Ft
96,269Lot Size
Property Price
LIST PRICE$1,249,000
SUMMARY
Analysis of 42336 5th Street E, Lancaster, California 93535 is currently available with a list price of $1,249,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Lancaster Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1954 (>70 years old) with no evidence of residential renovations. The listing focuses entirely on the 2.21-acre land value and industrial zoning potential, and the visual evidence shows dilapidated structures that appear unlivable for residential purposes.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 96269, living area = 1250.
- Industrial Zoning Versatility
The LRHI (Light Rural Heavy Industrial) zoning offers a wide range of high-demand commercial uses, including warehousing, trucking operations, and light manufacturing.
- Expansive Flat Acreage
Spanning 2.21 acres of entirely flat, usable land, the property provides an ideal canvas for large-scale industrial development with minimal site preparation costs.
CONSRISKS & DEFICIENCIES
- Aggressive Pricing History
The list price reflects a substantial premium compared to its recent sales history, requiring a buyer to immediately maximize industrial utility to justify the investment.
- Due Diligence Requirements
With no guarantees on zoning accuracy or development potential from the seller, the buyer must undertake extensive and potentially complex verification with local planning departments.
About 42336 5th Street E
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 96,269 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.9 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,250 | 1,831.274 |
| Lot Size | 96,269 | 7,654.687 |
| Price | $1.25M | $478.1K |
| Price per sq ft | $999 | $269 |
| Built year | 1954 | 1989 |
| HOA | $0 | $203 |
| Days on market | 31 | 62 |
Pricing History
Listed for Sale
Aug 9, 2026
$1,249,000
Initial Listing
Sold
Mar 7, 2024
$415,000
Public Record
Sold
Apr 13, 2021
$400,000
Public Record
Sold
Jun 1, 2004
$260,000
Public Record