Courtesy of: Ryan McCarty, LPT Realty, ryan@theryanmccarty.com
Courtesy of: Ryan McCarty, LPT Realty, ryan@theryanmccarty.com
$479,000
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2 bed
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1.00 Bath (1 Full)
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Lot: 1.90 Acres
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Single Family Residence
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$479,000
5158 W Ave L Investor / Developer Opportunity in Prime West Lancaster - Home on Acreage with Additional Parcels AvailableThis 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.
Courtesy of: Ryan McCarty, LPT Realty, ryan@theryanmccarty.com
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