
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 | $389,900* List Price | 4 | 2 | 1,316 | $293 | - |
A 724 W Avenue H10 Sold | $310,000 | 4 | 2 | 1,312 | $236 | 0.3 mi |
B 1046 W Avenue H6 Sold | $417,000 | 3 | 2 | 1,118 | $373 | 0.2 mi |
C 1420 Indian Sage Road Sold | $355,000 | 3 | 2 | 1,181 | $301 | 0.5 mi |
D 1555 Sutherland Sold | $429,000 | 3 | 2 | 1,350 | $318 | 0.7 mi |
E 45827 Caledonia Court Sold | $430,000 | 2 | 2 | 1,350 | $319 | 0.7 mi |
F 1438 W Ivyton Sold | $325,000 | 3 | 1 | 1,104 | $294 | 0.8 mi |
G 45650 Fig Avenue Sold | $420,000 | 4 | 2 | 1,662 | $253 | 0.3 mi |
H 1029 W Avenue H5 Sold | $340,000 | 3 | 2 | 1,118 | $304 | 0.6 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.
Welcome to this inspiring 4-bedroom, 2-bath home in the heart of Lancaster - a place where new beginnings take shape and the American Dream feels close enough to touch. From the moment you step inside, you’ll feel the warmth of a home designed for connection, comfort, and the moments that define a family’s journey. The bright, open layout creates a welcoming space for shared meals, weekend gatherings, and the everyday memories that make a house feel like home. With four generously sized bedrooms, there’s room for everyone - space to grow, space to rest, and space to pursue the goals that move your family forward. Step outside and the home opens into a peaceful, inviting backyard = a gentle extension of the living space where evenings feel softer and weekends feel fuller. It’s the kind of patio area that naturally draws you in, offering room for quiet mornings, warm conversations, and the simple joy of being outdoors. The newly built shed adds flexibility for projects, hobbies, or organization, supporting the rhythm of a busy, evolving household. Conveniently located minutes from the freeway, schools, and shopping centers, this home provides the accessibility busy families appreciate. Whether you’re a first-time buyer, a growing household, or an investor seeking upside potential, this property delivers comfort, value, and room to grow. This is where your story begins - with a home that welcomes you, a patio that invites you, and a space ready to rise with you into the future you’re building. 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 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,316 | 1,880 |
| Lot Size | 6,993 | 7,703 |
| Price | $389.9K | $474.8K |
| Price per sq ft | $296 | $271 |
| Built year | 1955 | 1990 |
| HOA | $0 | $140 |
| Days on market | 13 | 62 |
Jul 9, 2026
$389,900
Initial Listing
Jul 25, 2019
$220,000
Public Record
Jun 7, 2012
$77,000
Public Record