Commercial property
Listing Agent: Joshua Markowitz (DRE #01978248) · Listing Office: Markowitz Commercial Real Estate, Inc. · Contact: 818-337-9066 · Bought with: Joshua Markowitz · Markowitz Commercial Real Estate, Inc. · MLS #SR26046684 · Source: CRMLS
45216 10th W sold for $3,280,000 in May 2026, 3.5% under its $3,400,000 list price, after 9 days on the market.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
Lancaster Plaza is a value-add opportunity with cash flow in place. The subject property is located at the intersection of 10th Street West and Avenue I, two major thoroughfares with combined traffic counts exceeding 41,100 vehicles per day. The property is currently 57% occupied and is shadow anchored by McDonald's and Auto Zone. Lancaster Plaza is currently mismanaged and the seller has incomplete records. All buyers are encouraged to complete thorough due diligence.
Listing description from the May 2026 sale, as reported to CRMLS.