Movoto Real Estate
Sold on 09/17/2024
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42155 8th St E, Lancaster, CA 93535

$940,000

Last sold 09/17/2024 for $915K

  • —

    bed

  • —

    bath

Multi-family not for sale

About 42155 8th St E

Property type Multi-family
Year built 1956
HOA fee $0/month
Lot size 4.32 Acre
Movoto estimate
Parking 1 garage spaces
Rental estimate
Property description
Buenger Commercial Real estate is proud to offer 42155 8th Street East in Lancaster for sale. This property features a 3 Bedroom 1 bath single family home (1,110 RSF) on approximately 5 acre (Zoned HI Heavy Industrial, City of Lancaster) lot. Great opportunity for Owner / user or investor. The current owner leases the single-family home, as well as operates a storage yard on the remainder of the lot. Current yearly rents are at $34,460. Current rent on the home is below market, and storage operation can be expanded. Sale includes two portable office structures and 44 shipping containers.
Listed by
Listing Agent - Jesus Camacho
Listing Office - Buenger Commercial Real Estate
Source: CRMLS mls logo
MLS#V1-23724 • last updated 2 years ago
Movoto checked CRMLS for data 9 minutes ago
Overview
Levels/Style One, Contemporary
Type Residential Income
Status Closed
Lot Size (Acres) 4.32
Lot Size (SqFt) 188179.2
Year Built 1956
Interior
Laundry None
Other Room(s) Kitchen
Appliances None
Accessibility Features None
Exterior
Foundation Slab
Construction Other, Unknown
Roof Other
Parking Garage - Single Door
# Parking Spaces 1
# Garage Spaces 1
Other Structures Storage
Lot Description Corner Lot, Sprinklers None, Level, Front Yard
Amenities / Utilities
Fireplaces None
Water Source Mutual Water Companies
Electric 220 Volts
Inclusions Sale Includes Two Portable Office Structures And 44 Shipping Containers.
Spa None
Pool None
Location
View None
County Los Angeles
Community Features Urban
Subdivision Not Applicable, Not Applicable
Zoning HI
Directions Off Of Challenger Way, To East Ave L 12 And Off To 8th Street
APN 3126017018
Multifamily Details
Operating Expense 8724
Expense: Insurance 859
Total Expenses 8724
Gross Income 34460
Gross Scheduled Income 34460
$940K
Range: $658K-$1.22M
Last 30 days 
Rental est.: $1,666/month
Gross rent multiplier: 45.8
  • Dec 2025
    Public Records
  • Dec 5, 2025 Sold
    $1,120,000 (+22.4%)
  • Sep 2024
    Public Records
  • Sep 18, 2024 Sold
    $915,000
  • Sep 2024
    mls logo MLS # V1-23724
  • Sep 17, 2024 Sold
    $915,000 (+5.8%)
  • May 1, 2024 Listed
    $865,000
  • Year Property taxes Tax assessment
  • 2024
    $4,715 +2.5%
    $327,273
  • 2023
    $4,602 +5.2%
    $327,273 +4.04%
  • 2022
    $4,375 +10.2%
    $314,566 +2.0%
  • 2021
    $3,969 +1.4%
    $308,399
  • 2020
    $3,916 +6.2%
    $308,399 +3.06%
  • 2018
    $3,687 +1.3%
    $299,254 +4.04%
  • 2017
    $3,640 +5.0%
    $287,635 +2.0%
  • 2016
    $3,468 +1.6%
    $281,996
  • 2015
    $3,415
    —
  • 42155 8th St E
    $915K
  • —
  • 93535
    $419K -1% y/y
  • Lancaster
    $454K -1% y/y
No chart available
Statistics calculated by Movoto

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3/10
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Source: GreatSchools.org © 2026. All rights reserved.

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