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43029 7th St E, Lancaster, CA, 93535

1beds
1baths
480sqft
$319,999
$667price/sqft
$2,471/moest. monthly cost
$98,840/yrincome needed

About This Home

Opportunity knocks with this unique investment property offering tremendous upside in a rapidly growing pocket of Lancaster. Set on an expansive 20,170 sq ft lot, this site comes with completed plans and engineering, saving valuable time and clearing the path for development. The existing structure features a 1-bedroom, 1-bathroom home approximately 480 sq ft, ideal as a rental, temporary living unit, or to be incorporated into a larger development plan. With utilities conveniently nearby and flexible layout potential, the lot is perfectly positioned for a multi-unit income-producing setup. The surrounding neighborhood supports both strong rental demand and resale value, making this a prime opportunity for builders, developers, or value-add investors looking to maximize returns. Whether you're planning to build out a multi-unit cash flow property, expand on the existing footprint, or hold for long-term appreciation, this is a standout investment in a high-growth market. A rare chance to step into a project with the heavy lifting already done — just bring your vision and execute.

Getting Around

23
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

2/10
New Vista Middle SchoolGrades 6-80.6 mi
3/10
Eastside High SchoolGrades 9-123.1 mi

Construction

Condition

  • Property condition: Repairs Cosmetic
  • Year built: 1946

Materials

  • Roof: Shingle
  • Construction materials: Glass,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: None

Bathroom

  • Features: Bathtub

Bedroom

  • Features: All Bedrooms Down

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Eat-in Kitchen,Open Floorplan,All Bedrooms Down,Bedroom on Main Level,Main Level Primary
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total interior livable area: 480 sqft

Master Bedroom

  • Features: Main Level Primary

Property

Details

  • Parcel number: 3126011022
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Front
  • Pool features: None
  • Patio & porch: Front Porch,Porch
  • Spa features: None
  • Fencing: Block,Wood
  • Has view: Yes
  • View description: Desert,Neighborhood

Lot

  • Lot size: 0.46 Acres
  • Features: Back Yard,Ranch,Yard

Parking

  • Parking features: Driveway,RV Access/Parking