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$790,000
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Property Description
6-unit multifamily property in a strong Lancaster rental corridor with consistent tenant demand. The property consists entirely of 1-bedroom, 1-bathroom units, providing an efficient and easy-to-manage unit mix attractive to long-term tenants. Each unit is assigned its own private 1-car garage, a valuable amenity that enhances tenant appeal and supports long-term occupancy. The property also features shared on-site laundry for additional tenant convenience and supplemental income potential.The building totals approximately 3,212 SF on a 6,755 SF lot and offers functional layouts with additional upside through future interior and exterior improvements. Investors have the ability to improve operational performance while capitalizing on the continued growth within the Antelope Valley market.Located just off Lancaster Boulevard, the property benefits from close proximity to shopping, dining, public transportation, and major commuter routes. The surrounding downtown corridor continues to experience redevelopment and economic activity, supporting long-term investment potential and rental stability. This is an ideal opportunity for investors seeking dependable cash flow with value-add upside in a growing Southern California rental market.
Full Property Details
Full Property Details for 342 E Lancaster Blvd
General
- Sold For: $790,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26831505
- Added to Site: 50 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
- Spa Description: None
- Other Features: None
Parking
- Garage: Yes
- Garage Spaces: 6
- Garage Description: Garage Is Attached
Location
- Area: Lancaster
- County: Los Angeles
- Driving Directions: E Lancaster Blvd and 3rd St E
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Wall
Structural Information
- # Buildings: 1
- Stories/Levels: 1
- Square Feet: 3,212
- Sq. Ft. Source: Assessor
- Year Built: 1958
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 6
- Unit Type: 2106
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1551
- Lot Size: 6757
- Lot Size Source: Assessor
- Zoning: LRR3*
Financial Considerations
- Price Per Sq. Ft.: $245.95
- Assessment Year: 1958
Disclosures and Reports
- Disclosures/Reports: None
- APN: 3142-016-004
Listed and Sold by Exp Commercial of California, Inc., Tyler Brand
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Schools
Schools serving 342 E Lancaster Blvd
School Districts:Lancaster Elementary School District, Antelope Valley Union Joint High School District
| Name | Grades | Distance |
|---|---|---|
El Dorado Elementary School 361 East Pondera Street, Lancaster, CA 93535 | K-5 | 0.4 mi |
New Vista Middle School 753 East Avenue K, Lancaster, CA 93535 | 6-8 | 1.7 mi |
Antelope Valley High School 44900 Division Street, Lancaster, CA 93535 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 342 E Lancaster Blvd
Date
Details
Price
Change
Source
5/29/2026
Sold
$790,000
-4.24%
MLS
5/08/2026
Listed
$825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
342 E Lancaster Blvd, Lancaster, CA 93535 (MLS# 26831505) is a Multi-Family property that was sold at $790,000 on May 29, 2026. Want to learn more about 342 E Lancaster Blvd? Do you have questions about finding other Multi-Family real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.

