- Status:
- Active
- MLS #:
- 26004877
- County:
- Los Angeles
- Listed By:
- Mark Mestepey - Castlestone Properties, Inc.
- Agent Phone:
- (818) 624-0099
- Agent Email:
- markmestepey@gmail.com
Sponsoring Broker: Derek Eisenberg, Continental Real Estate Group, Inc
One of the most prolific multifamily development sites in the Antelope Valley. Rarely do institutional developer-grade parcels of this stature hit the open market, and it's also available with attractive seller financing. The subject property provides 8.8 acres of prime-in fill land on the east side of Lancaster, with the city's coveted Mixed Use-Neighborhood (MU-N) zoning. Sitting at the northwest corner of Lancaster Blvd and 20th St E, this parcel is coming to market amidst a historic affordable housing building boom in the Antelope Valley. With strong support from the City of Lancaster and the state, ample LIHTC financing and tax credit availability, and strong renter demand, multiple large-scale affordable housing projects are coming online. This parcel is primed for a developer to join the boom and build a substantial project. Lancaster's MU-N zoning is highly flexible, as it's believed to allow for residential-only projects with no specific density maximums, and a height maximum of 4-5 stories (buyer to verify all information with the city). Typical multifamily products in the AV tend to be 2-3 stories. With 8.8 net acres and this unique zoning, this location should accommodate anywhere from 100-400 units, depending upon the developer's desired intensity. The seller had previously obtained plans to build 382 units (4-stories) with a retail component. The location is unique, as well. The surrounding pocket is very low-density, dominated by single family homes. Buildings tend to perform well in these suburban areas, with less QOL concerns such as traffic and noise. Despite being within a low-density area, the major retail hub at Ave J and 20th East is only a half mile from the property. Major retailers such as Walmart, Stater Bros and Aldi are at this location, as well as numerous restaurants and conveniences, giving this location a significant level of walkability. Just south of Ave J is the Terracina apartment building, in which 264 affordable units were built in 2023, serving as a useful benchmark for new construction in this area. With 8.8 acres on a prime signalized corner with all utilities available, and aided by a supportive regulatory environment, this property is ready for a large-scale affordable housing product. It's also priced aggressively at under $285k per acre, and the seller is offering interest-only financing with at least 30-40% down. This is an unbelievable multifamily land development opportunity, and it's not going to last.
Highlights
- Land
- 8.88 Acre Lot
- 137 days on Market
-
- Acres
- 8.88
-
- Utilities
- Electricity Available
-
- Water
- Public
-
- Area
- 04 - Lanc Div to 90th E
-
- County
- Los Angeles
-
- City
- Lancaster
-
- Zip Code
- 93535
-
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Price History
| 06/22/2026 | Listed | $2,500,000 |
| Source: Greater Antelope Valley Association of REALTORS #26004877 | ||
Source: MLS Data
Deed History
| 12/01/2010 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
| 09/18/2008 | Grant Deed | $0 |
| 02/01/2006 | Grant Deed | $1,700,000 |
| 09/24/2004 | Grant Deed | $600,000 |
Source: Public records via Constellation Data Labs
Mortgage History
| 02/01/2006 | Seller Carryback / Seller Financing / Seller take-back | $850,000 |
| 09/24/2004 | Unknown | $360,000 |
Source: Public records via Constellation Data Labs
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Frequently Asked Questions
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Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $2,500,000. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Lancaster, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 2000 E Lancaster Blvd?
With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 2000 E Lancaster Blvd at around $13,555. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 2000 E Lancaster Blvd?
In most cases, yes. Whether 2000 E Lancaster Blvd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Lancaster's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
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How long has this property been on the market?
2000 E Lancaster Blvd was listed on June 22, 2026, which means it's been on the market for 137 days.
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What is the lot size of this property?
2000 E Lancaster Blvd sits on a 8.88-acre lot, which is 386,813 square feet.
Is 2000 E Lancaster Blvd still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Greater Antelope Valley Association of REALTORS. All rights reserved.
Last Updated: November 06, 2026 at 08:36PM | Source: Greater Antelope Valley Association of REALTORS | MLS#: 26004877
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