117 E Avenue J
About This Property
Priced at approximately $21,300 per acre, this property presents an attractive opportunity for a land investor, buyer looking to add acreage to their portfolio, or someone interested in holding Southern California land for the future. The surrounding area offers wide-open desert views and a rural setting while remaining within the greater Antelope Valley.
With more than five acres, buyers have room to explore a variety of potential uses subject to applicable zoning, county requirements, and approvals.
APN: 3368-024-038 | Lot Size: Approx. 5.16 Acres / 224,940 Sq. Ft. | Asking Price: $110,000. County records indicate LCA21* zoning.
Buyer and buyer's agent are advised to independently investigate and verify all information, including but not limited to lot size and boundaries, legal and physical access, zoning and permitted uses, utilities, water availability, septic requirements, building requirements, easements, and development potential with Los Angeles County and all applicable agencies.
Over five acres offered at just $110,000 - explore the possibilities of owning your own piece of the Antelope Valley.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 28, 2026 | Listed by First Team Real Estate | $110,000 | |
| Listed by First Team Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017