46551 140th Street, Lancaster, California 93535, Lancaster, 93535 - 0 bed, 1 bath
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Lancaster, California 93535
Analysis of 46551 140th Street, Lancaster, California 93535 is currently available with a list price of $299,000. 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.
Property is land value only, full reconstruction required.
Built in 1953 and over 70 years old with no evidence of renovation, the structure is a gutted shell described as a 'major fixer.' It is currently unlivable with no functional kitchen, baths, or systems, and the listing emphasizes land value for development.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 57499, living area = 1592.
The expansive 57,499 sqft lot offers a prime opportunity for developers to split the parcel into multiple lots or construct several Accessory Dwelling Units (ADUs).
Situated on a busy highway with steady traffic, the property provides excellent exposure and accessibility, making it ideal for home-based businesses or future commercial potential.
The property is in need of significant structural and cosmetic repairs, requiring a buyer with substantial capital and construction expertise to realize its value.
Built in 1953 with only one bathroom for nearly 1,600 square feet, the existing floor plan and infrastructure are likely obsolete and will require a complete overhaul.
Excellent opportunity for a developer or contractor. The possibilities are endless. Located on a busy highway with steady traffic. New buyer can easily build several ADU's or even split the lot into several parcels. Major fixer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,592 | 1,880 |
| Lot Size | 57,499 | 7,703 |
| Price | $299.0K | $474.8K |
| Price per sq ft | $188 | $271 |
| Built year | 1953 | 1990 |
| HOA | $0 | $140 |
| Days on market | 16 | 62 |
Jul 6, 2026
$299,000
Initial Listing
Mar 30, 2021
$127,500
Public Record
Sep 26, 2006
$160,000
Public Record