Lancaster Apartment Building Sales
Explore 5 closed transactions totaling $5.27M in Lancaster. Data from the LAAA Team at Marcus & Millichap.
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Transactions
$5.27M
Total Volume
6.43%
Avg Cap Rate
$83,560
Avg $/Unit
12
Avg Units
2012
Since
Cap rate, price per unit and unit count are averaged across apartment sales only: 4 of these 5 closed transactions are apartment sales.
LAAA Team Track Record Since 2012
Lancaster Multifamily Market Overview
Lancaster in the Antelope Valley offers the lowest per-unit pricing and among the highest cap rates in the LAAA footprint. Across 5 transactions totaling $5.3M, the 4 apartment sales average a 6.43% cap rate at $84,000 per unit across 46 units. Edwards Air Force Base and aerospace employers drive demand. NOT subject to LA RSO, AB 1482 only.
Market Snapshot
Source: CoStar | Antelope Valley Multifamily | 2026 Q1Rents by Unit Type
Investment Activity (Trailing 12 Mo)
Lancaster Market Area
LAAA Team Closings in Lancaster
5 transactions by Glen Scher, Filip Niculete & the LAAA Team
500 W Lancaster Blvd
Lancaster • 2026
$1,295,000Cap
7.90%
44756 2nd St E
Lancaster • 2017
$415,000Units
5Cap
6.31%$/Unit
$83,000
301 East Lancaster Boulevard
Lancaster • 2016
$1,000,000Units
10Cap
5.01%$/Unit
$100,000
44138 Beech Avenue
Lancaster • 2016
$560,000Units
10Cap
7.61%$/Unit
$56,000
2349 West Avenue J-8
Lancaster • 2015
$2,000,000Units
21Cap
6.79%$/Unit
$95,238
Source: LAAA Team Closed Transactions
Lancaster Multifamily Investment FAQs
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