VAC/AVE J4/VIC CEDAR AVE.
Lancaster, CA 93534 · APN 3132-004-007
UNITS
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BUILDING SF
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SF / UNIT
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YEAR BUILT
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BEDROOMS
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BATHROOMS
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USE · CODE 030V
LAND
Leave an email and I will send you what it is worth today, in place and on turnover, from comps that closed within three blocks. Free, confidential, inside 48 hours, and no listing pitch until you ask for one.
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PROP 13 ASSESSED VALUES, USUALLY WELL BELOW MARKET ON LONG-HELD BUILDINGS.
No market sale detected on this parcel since 2021. The last recorded transfer may have been a refinance, trust move, or family transfer that didn't reset the Prop 13 base.
Vacant / unimproved land.
Rent-control rules apply to occupied residential units, not raw land. What matters here is zoning, density programs like TOC and ED1, and what the dirt can carry.
Recent sales nearby.
PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR), NOT VERIFIED CLOSING PRICES.
Buildings like this one.
SIMILAR SIZE AND ERA IN 93534
The short answers.
When did Vac/ave J4/vic Cedar Ave last change hands?
The most recent transfer on the roll was recorded December 2014. Not every recorded transfer is a market sale: refinances, trust transfers, and family conveyances all appear in the same field, and those do not reset the assessed value.
What is Vac/ave J4/vic Cedar Ave assessed at, and is that what it is worth?
The current assessed value is $10 ($10 land). Assessed value is not market value. Under Proposition 13 it resets only on a change of ownership and then climbs about 2% a year, so a long-held building is often assessed far below what it would trade for, and this one has held its base year for roughly 13 years.
How do I find out what Vac/ave J4/vic Cedar Ave would sell for today?
Public records give you the frame, units, size, age, assessed value, and when it last traded, but pricing needs in-place rents, expenses, and the condition of the units, none of which appear in county data. A broker valuation puts closed comps and a rent survey against the actual rent roll. Shaya Lowenstein does that free for LA multifamily owners, typically within 48 hours, with no obligation to list.
Leave an email and I'll come back with what it is worth and whether the owner is likely to trade. It does not have to be for sale, and it does not have to be my listing.
This form saves what you type as you go, so you can come back to it.
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FREE, CONFIDENTIAL VALUATION FROM CLOSED COMPS. 48H TURNAROUND.
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