42450 2nd Street
Lancaster, CA, 93535
$849,000
MLS: 26649357
Beds
6
Baths
3
Sq Ft
1,920
Lot
1.27 ac
Year Built
1979
MLS #
26649357
Days on Market
8
Listed
Feb 9, 2026
Description
Rare live work opportunity on an expansive 55,258 sq ft lot with four separate structures and multiple septic systems including two with the possibility of a third. The main residence is a fully remodeled 3 bedroom 1 bath mobile home featuring vinyl flooring, new windows, updated appliances, and in unit washer and dryer. The second structure is a massive shop with soaring ceilings nearly two stories tall, ideal for large vehicles, equipment, or creative use. Attached is a secure studio space with its own bathroom and kitchenette. The third structure is a dedicated office building with a large open living or work area, kitchen, and two separate private offices, all with brand new windows. The fourth structure is an older body shop with strong potential for renovation and customization. Property offers ample space for big rigs, heavy equipment, and storage. Ideal for an end user looking to live on site while operating a business on the property. Many surrounding properties are used in a similar live work fashion. Currently operating as a construction site.
Location
Lancaster, Los Angeles County, CA 93535
Open on Google Maps ↗Listed by: Sierus Erdelyi · TruLine Realty
Payment estimate
$6,198
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $84,900 · Loan: $764,100
- Principal & Interest
- $4,695
- Property tax (1.25%)
- $884
- Homeowners insurance
- $300
- Mortgage insurance
- $318
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Lancaster home with as little as 3.5% down using an FHA loan — roughly $29,715 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Lancaster, CA 93535 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
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