5158 W Ave L
Lancaster, CA, 93536
$449,000
MLS: 25007254
Beds
2
Baths
1
Sq Ft
816
Lot
1.90 ac
Year Built
1948
MLS #
25007254
Days on Market
215
Listed
Sep 16, 2025
Description
Investor / Developer Opportunity in Prime West Lancaster - Home on Acreage with Additional Parcels Available This is your chance to capitalize on a rare West Lancaster opportunity. The primary offering is a charming 2-bedroom, 1-bath home (816 sq ft) situated on its own legal parcel with flat, build-ready land — listed at $479,000. The home is ideal for immediate rental income, personal use, or as a field office while planning future development. (Potentially)-In addition to the residence, two adjoining parcels with their own APN numbers are potentially available for separate purchase. Together, the three parcels span approximately 4.3 acres with R-1 zoning currently allowing one dwelling + one ADU per 20,000 sq ft — creating strong potential for subdivision and multiple builds. And the upside? Even stronger. With California's revised SB-9 (effective March 19, 2025), each parcel may allow up to two new principal dwelling units, effectively doubling density and development options. Infrastructure is already in place: paved roads, curbs, gutters, streetlights, active water and power, and sewer available in the street on 52nd. This is a flexible opportunity: purchase the home as-is, negotiate for the additional parcels, or assemble the full package to maximize development potential. Buyer to verify all zoning and development opportunities. No need to wait for rates to drop — Create the Rate! Seller is offering a rate buydown incentive, giving you the chance to secure better terms, reduce monthly carry, or unlock more buying power.
Location
Lancaster, Los Angeles County, CA 93536
Open on Google Maps ↗Listed by: Ryan McCarty · LPT Realty
Payment estimate
$3,419
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $44,900 · Loan: $404,100
- Principal & Interest
- $2,483
- Property tax (1.25%)
- $468
- Homeowners insurance
- $300
- Mortgage insurance
- $168
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 $15,715 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.
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Local Market Stats
See Lancaster, CA 93536 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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