#GD25089131, Roza Malkhasyan, Listing Office: Coldwell Banker Hallmark

42336 5th St E Lancaster, CA 93535
Property details
About 42336 5th St E
Excellent investment opportunity! This 2.21-acre flat lot is zoned LRHI (Light Rural Heavy Industrial), offering a wide range of commercial and industrial possibilities. Located in Lancaster, this property is ideal for investors, developers, or business owners seeking land for industrial use. Zoning allows for potential uses such as warehousing, trucking operations, storage, light manufacturing, and more. Buyer to verify all zoning, use, and development potential with the City of Lancaster or Los Angeles County Planning Department. Neither seller nor listing agent guarantees accuracy of zoning, usage, or property information.
Highlights
Summary
- Interior: All Bedrooms Down
- Fireplace: None
- Garage Space: 1 space
- Attached Garage: No
- Private Pool: No
- Cooling: None
- List Price: $1,299,000
- Price/SqFt: $1,039
- Annual Tax Amount: $5,894
- Tax Year: 2024
- Directions: use navigation
- Year Built: 1954
- Stories: 1
- Living Area: 1,250 SqFt
- Lot Size: 2.21 Acres
- MLS Number: GD25089128
- MLS Name: CRMLS
- Office Name: Coldwell Banker Hallmark
- Office Phone: (818) 424-7557
- Listing Agent: Roza Malkhasyan
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2025, 1:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹

$1,299,000
42336 5th St E
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 07, 2024 | Home Sold | $415,000 |
Apr 13, 2021 | Home Sold | $400,000 |
Jun 01, 2004 | Home Sold | $260,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $424,482 | $5,894 |
2023 | $416,160 | $5,754 |
2022 | $408,000 | $5,504 |
2021 | $306,030 | $3,949 |
2020 | $302,893 | $3,334 |
2019 | $256,800 | $2,550 |
2018 | $197,700 | $2,250 |
2017 | $171,600 | $2,250 |
History based on county public records data.
Nearby schools
3
Jack Northrop Elementary School
Public District KG-5
1.5 mi
•835 E Avenue K4
2
Joshua Elementary School
Public District KG-5
2.0 mi
•43926 2nd St E
2
Lincoln Elementary School
Public District KG-5
2.4 mi
•44021 15th St E
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,422. The most common annual income of people living in Lancaster, CA is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
Similar homes for sale
Frequently asked questions
Living in Lancaster, CA
Transportation options in Lancaster include a public bus system with routes connecting key areas of the city. While the bus schedules vary, they generally provide consistent service during peak hours. The city is also served by a network of major roads and highways, including State Route 14, facilitating travel to nearby cities and regions. Lancaster is increasingly accommodating to ride-sharing services, enhancing mobility for residents without personal vehicles. The city's layout offers varying degrees of walkability, with certain neighborhoods being more pedestrian-friendly than others.
Residents of Lancaster have access to a range of services, including a network of public schools, with multiple elementary, middle, and high schools serving the community. Healthcare is supported by local hospitals and clinics offering a variety of services from emergency care to specialized treatments. The city also features a selection of retail and dining options that cater to a range of tastes, with local businesses and national chains present.
Lancaster prides itself on its community spirit and the annual California Poppy Festival, which showcases the region's natural beauty and cultural heritage. The city's character is further defined by its commitment to arts and innovation, with public art installations and a thriving aerospace industry contributing to its unique identity.
The housing landscape in Lancaster is characterized by a mix of single-family homes, apartments, and townhouses, with single-family homes being the most prevalent. Architectural styles vary, with modern, ranch, and desert-inspired designs reflecting the local aesthetic. The market is composed of a blend of older homes dating back to the mid-20th century and newer constructions that have expanded the city's residential areas.
About 42336 5th St E
The listing price of 42336 5th St E property is $1,299,000.
The property 42336 5th St E is a house located in Lancaster, California, 93535.
Active Listing: 42336 5th St E is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 42336 5th St E are: Jack Northrop Elementary School (GreatSchools Rating 3/10), Joshua Elementary School (GreatSchools Rating 2/10), Lincoln Elementary School (GreatSchools Rating 2/10), Ilead Lancaster Charter (GreatSchools Rating 3/10), New Vista Middle School (GreatSchools Rating 2/10), Fulton and Alsbury Academy of Arts and Engineering (GreatSchools Rating 7/10), Assurance Learning Academy (GreatSchools Rating 3/10), Empower Generations (GreatSchools Rating 2/10), Antelope Valley High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $5,894 (source: MLS/based on county public records data).
The last sale was on March 7, 2024 for $415,000 (source: MLS/tax record).
The property at 42336 5th St E has 0 bedroom and 0 bathroom.
The property 42336 5th St E is 1,250 SqFt (source: MLS/tax record).
The year of construction for 42336 5th St E is 1954.
This home is located at 42336 5th St E in Lancaster, CA and zip code 93535. This 1,250 square foot home, which was built in 1954, sits on a 2.21 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since May 4, 2025 and is currently priced at $1,299,000.
While more than 53 listings in Lancaster, CA in April 2025 were sold above asking price, there were more than 30 listings sold at asking price, and more than 47 were sold below. The number of listings in Lancaster, CA increased by 0.1% between March and April 2025. In April 2025 median list price was $479,540 and the average listing age was 56 days.