THIS IS A BID & ASSUME AUCTION. You are bidding on the down payment and the full purchase price is $12,600. The duration of the note is 18 months. On a $1 down payment, the monthly payment would be approximately $700/month, including principal, interest, property taxes, and servicing fee. There is no prepayment penalty to pay the note off faster.
The down payment will be $1760
(which will be equal to the winning bid) and a deed preparation and recording fee of $500, plus a 10% fee of the total $12,600 (due to bid4assets) will be due within 3 business days of the auction's close and may be paid by, cashier's check, or wire transfer.
This is a land contract sale, where the deed is held in escrow and will not be recorded until the note is paid in full. All monies paid are non-refundable.
Bidders are responsible for due diligence on property condition, back taxes,
PLEASE MAKE SURE YOU'RE READY TO FUND THE DOWN PAYMENT BEFORE YOU BID!
Title: Spacious 2.54-Acre Lot in Lancaster, CA – Ideal for Investment or Development!
Description:
Discover the potential of this expansive 1.90-acre vacant lot in the area of Lancaster, Los Angeles County! Nestled in a peaceful desert setting, this property offers ample space for your dream home, ranch, or investment opportunity. Enjoy the tranquility of wide-open landscapes while still being within a reasonable distance from the conveniences of Lancaster City. Whether you're looking to build, hold for future value, or explore off-grid possibilities, this lot provides endless opportunities. Don’t miss your chance to own a piece of California’s growing land market!
Pricing details:
Property Details: E Ave D 12, Lancaster, CA 93535
Parcel Number: 3322-024-003
County: Los Angeles County
States: CA
Parcel Size: 2.54 ACRES
City: Lancaster
Zip Code: 93535
Center GPS Coordinates:
34.769563, -117.730177
Corner GPS Coordinates:
34.769965, -117.729664
34.769965, -117.730750
34.769088, -117.729661
34.769086, -117.730745
Legal Description: TRACT NO 29427 LOT 147
Elevation: 3025 ft
Property Access: County Road