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Opportunity knocks with this unique investment property offering tremendous upside in a rapidly growing pocket of Lancaster. Set on an expansive 20,170 sq ft lot, this site comes with completed plans and engineering, saving valuable time and clearing the path for development. The existing structure features a 1-bedroom, 1-bathroom home approximately 480 sq ft, ideal as a rental, temporary living unit, or to be incorporated into a larger development plan. With utilities conveniently nearby and flexible layout potential, the lot is perfectly positioned for a multi-unit income-producing setup. The surrounding neighborhood supports both strong rental demand and resale value, making this a prime opportunity for builders, developers, or value-add investors looking to maximize returns. Whether you're planning to build out a multi-unit cash flow property, expand on the existing footprint, or hold for long-term appreciation, this is a standout investment in a high-growth market. A rare chance to step into a project with the heavy lifting already done — just bring your vision and execute.
Listing agent: Gustavo Rodriguez DRE #02027087 gus.rodriguez.realtor@gmail.com, Listing office: Real Broker
MLS data updated 10/16/2026, 10:15:23 PM PT
Source: CRMLS, MLS #: SR25256461
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Nov 7, 2025
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$319,999Original asking price · Nov 7, 2025ZIP 93535 · Nov 2025
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.