Lancaster Apartment Building Sales
Explore 4 closed multifamily transactions totaling $3.98M in Lancaster. Data from the LAAA Team at Marcus & Millichap.
4
Transactions
$3.98M
Total Volume
6.43%
Avg Cap Rate
$83,560
Avg $/Unit
12
Avg Units
2013
Since
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 4 transactions totaling $4.0M, average cap rate is 6.43% at $84K per unit across 46 units. Edwards Air Force Base and aerospace employers drive demand. NOT subject to LA RSO — AB 1482 only.
Market Metrics
Total Deals
4
Total Volume
$3.98M
Avg Cap Rate
6.43%
Cap Rate Range
5.01% - 7.61%
Avg $/Unit
$83,560
$/Unit Range
$56,000 - $100,000
Avg Units/Deal
12
Deal Types
Apartments: 4
Market Snapshot
Source: CoStar | Antelope Valley Multifamily | 2026 Q1Rents by Unit Type
Supply & Demand
Investment Activity (Trailing 12 Mo)
LAAA Team Closings in Lancaster
4transactions by Glen Scher, Filip Niculete & the LAAA Team
44756 2nd St E
Lancaster • 2017
$415,000Units
5Cap
6.31%$/Unit
$83,000
301 East Lancaster Boulevard
Lancaster • 2016
$1MUnits
10Cap
5.01%$/Unit
$100,000
44138 Beech Avenue
Lancaster • 2016
$560,000Units
10Cap
7.61%$/Unit
$56,000
2349 West Avenue J-8
Lancaster • 2015
$2MUnits
21Cap
6.79%$/Unit
$95,238
Source: LAAA Team Closed Transactions
Lancaster Multifamily Investment FAQs
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