1017 W Avenue H8, Lancaster, California 93534, Lancaster, 93534 - 4 bed, 2 bath
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Lancaster, California 93534
This Value-Add Residential Asset is listed at $423,000, providing a functional and spacious 4-bedroom layout in the heart of Lancaster. Positioned near the $401,398 Fair Market Value, the property offers a stable entry point for buyers looking to capitalize on its Fair Condition Rating through modernization and forced appreciation. Notable features include a Desert View, a Newly Built Shed, and an unfinished patio ready for customization. Located near the Antelope Valley Union district, this home is a strategic acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1017 W Avenue H8 Subject | $423,000* List Price | 4 | 2 | 1,316 | $305 | - |
A 734 W Avenue H2 Sold | $420,000 | 4 | 2 | 1,389 | $302 | 0.4 mi |
B 45826 Desert Springs Sold | $318,000 | 4 | 2 | 1,399 | $227 | 0.4 mi |
C 45505 13th Street W Sold | $381,500 | 3 | 2 | 1,241 | $307 | 0.3 mi |
D 1029 W Avenue H5 Sold | $340,000 | 3 | 2 | 1,118 | $304 | 0.6 mi |
E 621 W Avenue H12 Sold | $325,000 | 3 | 1 | 1,058 | $307 | 0.7 mi |
F 724 W Avenue H10 Active | $340,000 List Price | 4 | 2 | 1,312 | $259 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, this property is well-maintained but largely outdated, fitting the 'Fair' criteria perfectly. While the kitchen has been refreshed with paint and a newer stainless steel refrigerator, it retains dated tile countertops and older cabinetry. The bathrooms show a mix of older vanities and flooring, and the bedrooms feature worn carpeting. The exterior patio remains unfinished, and the overall interior style requires significant modernization to meet current market standards, although the home appears functional and livable in its current state.
With 4 bedrooms and 2 bathrooms, this home provides a highly functional layout that is ideal for growing families or those needing dedicated home office space.
Conveniently located near major freeways, schools, and shopping centers, this property offers excellent accessibility for commuters and easy access to daily amenities.
The inclusion of a newly built shed and a spacious lot provides valuable extra storage and the opportunity to customize the outdoor area to the buyer's preference.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6993, other record lot size in square feet = 13010. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1316, other record living area = 780.
Built in 1955, the property is described as having 'upside potential,' indicating that buyers may need to invest in cosmetic or structural updates to bring it to modern standards.
The patio is currently unfinished, representing an immediate project and additional cost for the new owner to complete the outdoor living space.
Welcome to this charming 4-bedroom, 2-bathroom home in the heart of Lancaster, offering space, functionality, and exciting potential! Step inside to a comfortable and inviting layout filled with natural light, featuring generously sized bedrooms perfect for family living, guests, or a home office. This home provides a great foundation for buyers ready to add their own personal touch. Enjoy the outdoor space with a patio ready to be finished—perfect for creating your ideal entertaining area or relaxing retreat. The property also includes a newly built shed that offers additional storage, workspace, or creative possibilities. Conveniently located just minutes away from the freeway, schools, and shopping centers, this home offers both comfort and accessibility for your everyday needs. Perfect for first-time buyers, growing families, or investors looking for upside potential, don’t miss this opportunity! Buyer and buyer’s agent to perform their own due diligence.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 62% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,316 | 1,363 | 47% |
| Lot Size | 6,993 | 7,000 | 49% |
| Price | $423.0K | $400.0K | 62% |
| Price per sq ft | $321 | $297 | 73% |
| Built year | 1955 | 1956 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 166 | 2% |
Mar 16, 2026
$423,000
Initial Listing