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1216 West Avenue J

1216 West Avenue J, Lancaster, CA 93534
Property in Lowtree
1216 West Avenue J has been categorized by the local assessors in Lancaster, CA as a commercial type of property. The building on the property was first built in 1990 and is 34 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1216 West Avenue J has 7,968 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 32,240 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1216 West Avenue J sold most recently in Oct 27, 2021 for a total of $6,400,000. If you work out the math, that's approximately a cost of $803.21 per sqft. Before that, the property was also sold for $7,950,000 in Apr 20, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $25,490 in taxes each year. 1216 West Avenue J was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,735,020. If we break it down further, the land itself was valued at $786,420. Improvements to the property, however, were assessed at a total of $948,600. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 32,240
  • Total Building Area: 7,968
  • Gross Building Area: 7,968
  • Building Area: 7,968
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 7,968
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: PARCEL MAP NO 18829
  • Land Acres: 0.74
  • Standard Land Use Code: Regional shopping center or mall with anchor store
  • Legal Description 1: PM 223-91-94 LOT 4

Ownership

  • Current Owner : CENTERPOINT MANAGEMENT GROUP LLC
  • Previous Owner : LRE CENTERPOINT LLC
  • Owner Before Previous Owner: CENTERPOINT PARTNERS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Antelope Valley Union Joint High School District
  • Census Tract: 900703

Zoning

  • Zoning: LRC1DP*

Geography

  • Assessors Map Reference: 159-J5
  • Parcel: 3123-003-097
  • Lot: 4
  • Municipality: LANC COMMERCIAL
  • Latitude: 34.6882
  • Longitude: -118.153

    Address

  • Full Address: 1216 W Avenue J
  • Address - House Number: 1216
  • Street Direction: W
  • Address - Street Name: Avenue J
  • State: CA
  • City Name: Lancaster
  • Carrier Code: C069
  • 4-Digit Zip Code: 2944
  • Zip Code: 93534

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $25,490
  • Tax Rate Code Area: 12-760

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,000,000
  • First Open Lien Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Nov 22, 2021
  • First Open Lien Mortgage Loan Amount: $5,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,735,020
  • Assessed Land Value: $786,420
  • Assessed Improvements Value: $948,600

    Sales

  • Current Sale Contract Date: Oct 27, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Transaction ID: 11869080394
  • Current Sale Price: $6,400,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1733936
  • Previous Sale Recording Date: May 06, 2005
  • Previous Sale Contract Date: Apr 20, 2005
  • Previous Sale Amount: $7,950,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Mortgage Transaction Date: Nov 22, 2021
  • First Mortgage Loan Amount: $5,000,000
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: ARCHON FINANCIAL LP
  • Previous Mortgage Transaction Date: May 06, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $5,995,000
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jun 01, 2015

About Lowtree



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Frequently Asked Questions

What neighborhood is 1216 West Avenue J located in?
The 1216 West Avenue J is a located in the neighborhood of Lowtree in Lowtree, Lancaster.
What is the average sales price for listings in 1216 West Avenue J?
The average sales price for units in 1216 West Avenue J is $0 currently.

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