
Lancaster, California 93534
This 4-bedroom single-family residence represents a High-Potential Investment Opportunity, listed at a List Price of $389,900—positioned slightly above the $385,824 Fair Market Value. While the property lacks an equity gap, its Condition Rating of 4 and 1955 vintage offer significant upside for modernization. The 6,993 sqft lot with a newly built shed and patio provides functional utility for value-add projects. Despite lower-rated local schools, the property’s commuter-friendly location makes it a stable asset for Buy-and-Hold Investors or first-time buyers seeking a project with long-term growth potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1017 W Avenue H8 Subject | $374,000* List Price | 4 | 2 | 1,316 | $283 | - |
A 724 W Avenue H10 Sold | $310,000 | 4 | 2 | 1,312 | $236 | 0.3 mi |
B 45827 Caledonia Court Sold | $430,000 | 2 | 2 | 1,350 | $319 | 0.7 mi |
C 1438 W Ivyton Sold | $325,000 | 3 | 1 | 1,104 | $294 | 0.8 mi |
D 45650 Fig Avenue Sold | $420,000 | 4 | 2 | 1,662 | $253 | 0.3 mi |
E 1420 Indian Sage Road Sold | $355,000 | 3 | 2 | 1,181 | $301 | 0.5 mi |
F 1555 Sutherland Sold | $429,000 | 3 | 2 | 1,350 | $318 | 0.7 mi |
G 734 W Avenue H2 Sold | $420,000 | 4 | 2 | 1,389 | $302 | 0.4 mi |
H 45826 Desert Springs Sold | $318,000 | 4 | 2 | 1,399 | $227 | 0.4 mi |
I 1046 W Holguin Active | $445,000 List Price | 4 | 2 | 1,408 | $316 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, this property is over 70 years old and retains much of its original character, including the stone facade and an older roof-mounted evaporative cooler. While the interior appears clean with newer carpet and paint, the lack of specific mentions regarding kitchen or bath renovations and the 'upside potential' marketing suggest the home is functional but dated and in need of modernization.
With four bedrooms in a 1,316 sqft floor plan, this home offers an efficient and rare configuration for the price point, providing ample space for growing families or remote work needs.
The property features a generous 6,993 sqft lot with an inviting patio and a newly built shed, offering significant value for storage, hobbies, and outdoor entertaining.
Situated in the heart of Lancaster with quick access to the freeway, shopping centers, and local amenities, the home provides the high level of convenience sought by busy households.
Built in 1955, the property may require capital improvements or updates to major systems to align with modern energy efficiency and building standards.
The assigned public schools carry low ratings (2-3/10), which could be a deterrent for families prioritizing education and may impact long-term resale velocity.
Price Improvement - A Lancaster Home for New Beginnings For buyers stepping into a new chapter - whether it’s your first home or simply the next step forward - this Lancaster 4-bedroom, 2-bath property offers exactly what so many people hope for: a place to start fresh, build stability, and create a future that reshapes a family’s story. From the moment you walk in, the natural light and open layout welcome you with a sense of possibility. The living spaces feel easy and comfortable - the kind of environment where new ideas grow, routines settle in, and life begins to feel grounded in all the right ways. Each bedroom offers generous space to unwind, recharge, and move forward. The backyard adds a peaceful retreat for slow mornings, creative afternoons, and evenings that stretch a little longer simply because the space feels good. The newly built shed brings practical flexibility for storage, hobbies, or projects that support the next steps in life. Conveniently located minutes from the freeway, schools, and shopping, this home blends comfort with accessibility - a smart foundation for anyone ready to invest in their future. Now offered at one of the most accessible price points for a 4-bedroom home in Lancaster - making this opportunity even stronger for buyers bringing new energy, new dreams, and a new direction. Some homes ask for attention. This one inspires new beginnings. Buyer and buyer’s agent to perform their own due diligence.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.9 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,316 | 1,831.274 |
| Lot Size | 6,993 | 7,654.687 |
| Price | $374.0K | $478.1K |
| Price per sq ft | $284 | $269 |
| Built year | 1955 | 1989 |
| HOA | $0 | $203 |
| Days on market | 62 | 62 |
Aug 27, 2026
$374,000
$382,900
-2% Price Drop
Initial Listing
Aug 4, 2026
$382,900
$389,900
-2% Price Drop
Initial Listing
Jul 9, 2026
$389,900
Initial Listing
Jul 25, 2019
$220,000
Public Record
Jun 7, 2012
$77,000
Public Record