$1,000,000
$1,650,000
39.4%For more information regarding the value of a property, please contact us for a free consultation.
521 W Avenue I Lancaster, CA 93534
0.56 Acres Lot
Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR24106122
Sold Date 09/06/24
HOA Y/N No
Year Built 1954
Lot Size 0.562 Acres
Property Description
Motivated Seller! Commercial Property. Great investment opportunity! Excellent corner location on Ave I & Sierra Highway. Sale includes listed building and two additional adjoining lots (APN's 3135-027-027 and 3135-027-025). Total acreage for all three lots combined is approximately 0.56 acres. There is a billboard (owned by Clear Channel) on the property with an annual income. 2 water meters on property according to the seller. Sewer & power connected. Great location for a gas station or drive-thru.
Location
State CA
County Los Angeles
Area Lac - Lancaster
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry None
Exterior
Fence None
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Metal
Building
Lot Description Corner Lot
Story 1
Water Public
Others
Tax ID 3135027007
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Priyam Rajapaksa • Re/Max All-Pro
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442