Los Angeles County  »  93534  »  W Avenue I  »  700 W Avenue I

Parkwood - 700 West Avenue I, Lancaster, CA 93534 - Property report

Also known as: 700 W Avenue I

Property image for Parkwood - 700 West Avenue I, Lancaster, CA 93534
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Property type

Five or More Apartments or Units - 4 Stories or Less (0500)

Year built

1983

Acreage

3.558

Sale price

$18,500,000

General Information

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Address
Primary address
700 W Avenue I
Lancaster, CA 93534
Zip code
93534
County
Los Angeles
Municipality
Lancaster

Owner

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Building
Property type
Five or More Apartments or Units - 4 Stories or Less
Building sq. ft.
73,248
Buildings on lot
1
Stories
4 or less
Year built
1983
Last altered
1993
Sales
Sale date
09/02/2021
Sale price
$18,500,000
Arm's length
Tax
Tax year
2025-2026
Property tax
$241,202
Zoning & use
Zoning
Qualified opportunity zone
Units
90
Lot
Acreage
3.558

Area overview

Walk score
73 /100.  Very Walkable
Transit score
0 /100.  Minimal Transit
Bike score
66 /100.  Bikeable
School district
Antelope Valley Union Joint High School District
Lancaster Elementary School District
Weed hazard
No

View more such as transportation, nearby schools and risk designations. For more property insights, including its Energy Star score, Existing Buildings Energy and Water Efficiency Program (EBEWE) status, plus additional energy and water usage data, .

Ownership

Ownership information for Parkwood - 700 West Avenue I, Lancaster, CA

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for Parkwood - 700 West Avenue I, Lancaster, CA 93534

Sale date Sale price Buyer name Seller name
09/02/2021 $18,500,000 XXXXXXXX XXXX XXX XXX XXXXXXXX XXXXXX XXXXXXXX XXXXXXXXXX XXXXXXX XXXXXXXXXXX
03/17/1989 $454,545 XXXX XXXXX XXXXX XXXXXXX XXXX

*Most recent sales on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
12/27/2022 Assignment of Lease
Assignment of Rents		 XXXXXXXX XXXX XXX XXX XXX XXXXXXX XXXX XXXXXXXX
12/27/2022 Assignment of Lease
Assignment of Rents
Financing Statement
Trust Deed		 XXXXXXXX XXXX XXX XXX XXX XXXXXXX XXXX XXXXXXXX
09/02/2021 Financing Statement XXXXXXXX XXXX XXX XXX XXXXXXXX XXX XXX
09/02/2021 Assignment of Lease
Assignment of Rents		 XXXXXXXX XXXX XXX XXX XXXXXXXX XXX XXX
09/02/2021 Assignment of Lease
Assignment of Rents
Financing Statement
Trust Deed		 XXXXXXXX XXXXXXXXXX XXX XXX XXXXXXXX XXX XXX
09/02/2021 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)		 XXXXXXXX XXXXXX XXXXXXXX XXXXXXXXXX XXXXXXX XXXXXXXXXXX XXXXXXXX XXXX XXX XXX
03/17/1989 Deed XXXXXXX XXXX XXXX XXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Parkwood - 700 West Avenue I, Lancaster, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Base tax
$241,202
Current property tax
$286,384
Recent tax assessments
Market value
$20,046,673
Land value
$4,004,998
Building value
$16,041,675

More about Los Angeles County property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $20,046,673 1.2032 $241,202 +2.15%
2024-2025 $19,654,027 1.2014 $236,123 +2.36%
2023-2024 $19,269,080 1.1971 $230,670 +2.04%
2022-2023 $18,891,680 1.1966 $226,058 +323.57%
2021-2022 $4,432,688 1.204 $53,370 +1.37%
2020-2021 $4,387,461 1.199983 $52,649 +4.17%
2019-2020 $4,217,934 1.198218 $50,540 +1.98%
2018-2019 $4,135,656 1.1983 $49,559 +1.51%
2017-2018 $4,045,809 1.2067 $48,822 +4.79%
2016-2017 $3,961,938 1.1759 $46,590 +1.58%

Special assessments & penalties for Parkwood - 700 West Avenue I, Lancaster, CA

View all special assessments applicable for this property, including abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments.

Code Description Tax levied
06106 Antelope Valley Mosq & Vector Control
06214 County Sanitation District #14
00194 Health License Fees
03694 La County Regional Park And Open Space District
18652 Lancaster Lighting Maintenance District
18654 Lancaster Sewer System
00744 Los Angeles County Fire Department
00170 Los Angeles County Trauma/Emerg Srvs
05003 Los Angeles County Waterworks/Antelope Valley Dist #40
Permits

Permit information for Parkwood - 700 West Avenue I, Lancaster, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
05/14/2025
03/31/2025
10/11/2018
09/24/2018
06/27/2016

*Most recent permits on record for this property.

More about Los Angeles County property records

Neighborhood

Lancaster residential market stats

Access a detailed real estate market overview of Lancaster so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Lancaster and compare it to other neighborhoods in Los Angeles.

Median sale price

$445,000

-1.7% Y-o-Y

Median price/sq. ft.

$256

-0.4% Y-o-Y

Los Angeles county median sale price

$870,000

-0.6% Y-o-Y

Check out recently sold homes in Lancaster and see how their prices compare.

Demographics by ZIP code

Total population
41,430
Median age
35.6
Average household income
$75,176
Family households
58.1%
People per household (average)
2.7
Occupied housing units
14,947
Owner-occupied units
37.3%
Median year structure built
1979
Median value mortgaged units
$385,000
Median value unmortgaged units
$338,700

Risk

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FEMA flood zones

FEMA flood zones
0.2, X
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Crime incidents map

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for Parkwood - 700 West Avenue I, Lancaster, CA 93534 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Neighbors for Parkwood - 700 West Avenue I, Lancaster, CA

733 W Lancaster Blvd, Lancaster 753 W Lancaster Blvd, Lancaster 45138 Elm Ave, Lancaster 716 W Kettering St, Lancaster 721 W Lancaster Blvd, Lancaster 767 W Lancaster Blvd, Lancaster 751 W Lancaster Blvd, Lancaster 45162 Elm Ave, Lancaster 45150 Elm Ave, Lancaster 45120 Elm Ave, Lancaster 44918 Fern Ave, Lancaster 777 W Jackman St, Lancaster 45132 Elm Ave, Lancaster 45126 Elm Ave, Lancaster 745 W Lancaster Blvd, Lancaster 759 W Lancaster Blvd, Lancaster 45100 Fern Ave, Lancaster 45156 Elm Ave, Lancaster 45144 Elm Ave, Lancaster 725 W Lancaster Blvd, Lancaster

Nearby ZIP codes for Parkwood - 700 West Avenue I, Lancaster, CA

93532, Los Angeles County, CA 93553, Los Angeles County, CA

Frequently asked questions

What is the year built for Parkwood - 700 West Avenue I, Lancaster, CA 93534?

The development at Parkwood - 700 West Avenue I, Lancaster, CA 93534 was built in 1983.

What is the total square footage of Parkwood - 700 West Avenue I, Lancaster, CA 93534?

Parkwood - 700 West Avenue I, Lancaster, CA 93534 has a total of 73,248 square feet.

When was Parkwood - 700 West Avenue I, Lancaster, CA 93534 last sold and what was the sale price?

Parkwood - 700 West Avenue I, Lancaster, CA 93534 was last sold on 09/02/2021 for $18,500,000.

What is the assessed value of Parkwood - 700 West Avenue I, Lancaster, CA 93534?

Parkwood - 700 West Avenue I, Lancaster, CA 93534 is currently assessed at $20,046,673.

What are the property taxes for Parkwood - 700 West Avenue I, Lancaster, CA 93534?

The property taxes for Parkwood - 700 West Avenue I, Lancaster, CA 93534 total $241,201.

How many residential units does this building have?

This building has 90 residential unit(s).

Disclaimer

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