Back 40th St E
Off Market

40th St E

Lancaster CA 93535

217800 sq. ft.
Land
Last sold for $68,000
Paul SanchezPaul Sanchez, last sold this property on 19 December 2025 after 612 days on market.

Overview

Prime investment opportunity! These prime two 2.5-acre parcels, situated in East Lancaster front 40th Street E with direct road access and are ideal for anyone wanting to build and truly capitalize on potential high value they offer. Easy access to all utilities! These perfect parcels are surrounded by existing neighborhoods of residential properties! Zoning allows these parcels to be subdivided into 10,000 sq ft lots which allow for up to 20 homes to be built. Talk about a major return on investment. Conveniently located minutes away from schools, church, and commercial. Don't miss this incredible chance to buy and hold, or to invest and build!

Features

217800 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Lancaster over the last 12 months, the estimated median property value of 40th St E is $25k.

Median value
$25k
Estimated value range
$1k - $475k
Median days on market
95
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lancaster. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 40th St E

2025
Sold
$68,000
19 Dec 2025 by Paul Sanchez, of Elevate Real Estate Group
2024
Sold
Undisclosed
16 Jan 2024 by Jennifer Anderson
2023
Sold
$180,000
15 Feb 2023 by Richard Smith, of Golden Valley Real Estate

Happy sellers in Lancaster

95%
95% of sellers in Lancaster reported that their sale price either exceeded or met their price expectations.

Lancaster stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 18 reviews in Lancaster over the last 12 months.

Local market activity for land plots in Lancaster

In the last 12 months, 102 land plots similar to 40th St E, have been sold.

This represents a 39% increase in land plots sales when compared to the previous 12 months.

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