LANCASTER-EAST SIDE
2.57 ACRES – 330’ X 330’ APPROX
LOS ANGELES COUNTY
65 MIN. FROM LOS ANGELES
GREAT INVESTMENT
DESCRIP –2.57 acres on Avenue K-4 and 162nd Street. Electricity is approximately 1000 feet from property on Avenue K-8, which is paved. This was an old alfalfa ranch at one time. There are ranches in the area. There is a tremendous amount of growth coming to the east side. Lancaster is growing by more than 25% a year and the majority of houses are being built on the east side of Lancaster. The land is flat and 100% useable with legal access. The dirt roads have been overgrown, but there is definitely legal access. There are great views of the surrounding mountains and desert. Water wells are used in the area with a depth of approximately 150 to 400 feet with a cost of about $15,000 to $20,000 to drill a well.
Lancaster is a bustling community with a growing number of industries, affordable housing employment, schools, recreational opportunities, and excellent smog-free weather over 300 days a year. Besides the preceding benefits, Los Angeles is a short one hour drive on Hwy 14. Bakersfield, San Bernardino and coastal communities are easy commutes too.
TERMS: $11,995.00 – Monthly Payments $119.00 (including 7% interest)
LEGAL – APN # 3362-011-005
Section 28, T7N, R9W
Lot 5, Tract # 30616
GPS Coordinates: 34°40’17.4″N 117°50’26.7″W
Zoning: Agricultural/Residential, horses ok
Size: 2.57 acres
Water: Water wells (150’ to 400’ in depth)
Electricity & phone: 1,000 feet from property
Roads: Dirt w/legal access
Mineral Rights: Yes
Estimated Property Taxes: $230 annually (based on 2019/2020 tax bills)