tomo logo

$699,000

Beds
2
Baths
1.0
sq ft
903

42104 6th St E, Lancaster, CA 93535

42104 6th St E

Lancaster, CA 93535

  • 50 days on market
SELLER FINANCING AVAILABLE! Come see this clean, cute turn key residential home located in the heavy industrial zoning in the City of Lancaster. This flexible property sits on approximately 37,552 square feet which is double fenced for privacy and security. It has central AC and heating, newer permitted roof and 200 amp panel. The 420 sqft detached garage has a 100 amp sub panel ready for EV vehicles or any heavy machinery. It has a 9' high roll up door convenient for big vehicles. The home and garage has been freshly painted with new flooring throughout the home. This very desirable location is great to run a business from your home or make extra income from using the enormous land. Endless business possibilities lie ahead. The heavy industrial zoning welcomes cannabis manufacturing and distribution, auto repair and dismantling, truck and RV storage, storage facilities and cargo containers, recycling facility, food and general manufacturing, and much more.

Details

Property type

Single Family Residence

Est. home value

$460,562

Lot size

0.8614 acres

Price per sq ft

$775

Year built

1953

HOA

No

Price History

07/28/2024
CLAW

CLAW #24420567

Listed
$699,000
+100.29%
07/19/2024
CLAW

CLAW #24396163

Removed
$349,000
05/24/2024
CLAW

CLAW #24396163

Listed
$349,000
-3.06%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$395,538
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$247,542
Cash to seller
$395,538

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

January 2021

Original loan amount

$270,000

Est. remaining balance

$247,542

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Richard Khoury

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Antelope
$619,500
2 bd
|
1.75 ba
|
1,920 sq ft
|
House

1641 W Avenue L4, Lancaster, CA 93534

CRMLS
$749,999
4 bd
|
2 ba
|
2,169 sq ft
|
House

40121 13th St W, Palmdale, CA 93551

CRMLS
$599,999
3 bd
|
3 ba
|
2,342 sq ft
|
House

39722 Eadmer Ave, Palmdale, CA 93551

Status: Active

Tomo last checked: 09/16/2024 at 12:20 PM

Listing updated: 08/27/2024 at 8:39 AM

Listed by: Imraan Ali, Compass Phone #: (626) 205-4040

MLS: CLAW #24420567

CLAW logo

Recently listed in Lancaster

$465,000|3 bd|3.0 ba|House
$449,000|3 bd|2.0 ba|House
$565,000|3 bd|2.0 ba|House
$359,000|3 bd|2.0 ba|House
$599,000|5 bd|3.0 ba|House
$459,900|4 bd|2.0 ba|House
$1,249,500|4 bd|3.0 ba|House
$185,960|4 bd|2.0 ba|Manufactured
$599,900|4 bd|3.0 ba|House