1039 W Avenue J6, Lancaster, California 93534, Lancaster, 93534 - 4 bed, 2 bath
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Lancaster, California 93534
This 4-bedroom residence presents a Strong Value Opportunity with a List Price of $385,000—positioned well below the $423,166 Fair Market Value by 9%. This valuation gap offers $38,166 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home requires strategic TLC to modernize its 1955 finishes and address the unpermitted enclosed patio. Located in the Lancaster district near major freeways, the property’s 1,757 sqft layout provides significant Value-Add Potential. This asset is ideal for Fix-and-Flip Investors or Contractors seeking a high-upside project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1039 W Avenue J6 Subject | $385,000* List Price | 4 | 2 | 1,757 | $241 | - |
A 44450 Lowtree Avenue Sold | $435,000 | 4 | 3 | 1,634 | $266 | 0.6 mi |
B 828 W Avenue J14 Sold | $336,500 | 3 | 2 | 1,260 | $267 | 0.5 mi |
C 1156 W Ave J9 Sold | $399,999 | 3 | 2 | 1,519 | $263 | 0.2 mi |
D 43819 Elm Avenue Sold | $400,000 | 4 | 2 | 1,485 | $269 | 0.6 mi |
E 601 W Avenue J9 Sold | $380,000 | 4 | 2 | 1,659 | $229 | 0.5 mi |
F 44131 Elm Sold | $305,000 | 4 | 2 | 1,364 | $224 | 0.5 mi |
G 44108 Gadsden Avenue Active | $425,000 List Price | 4 | 2 | 1,509 | $282 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, this home is functional but dated, fitting the 'fair' criteria of being maintained through regular upkeep but showing clear signs of age. The kitchen features older oak cabinetry, laminate countertops, and dated black appliances. While the property has practical tile flooring and some bathroom tiling updates, the presence of a wall heater, older light fixtures, and the listing's own admission of needing 'TLC' and having an unpermitted enclosed patio indicate that minor to moderate updates are required to meet modern standards.
The property requires some TLC, presenting a prime opportunity for investors or handy homeowners to build equity through strategic renovations and customization.
Featuring four bedrooms and an additional enclosed patio, the home offers a flexible layout suitable for a home office, playroom, or extended family needs.
Conveniently situated near schools, shopping centers, and major freeways, this home provides excellent accessibility for commuters and easy access to local amenities.
The requirement for the buyer to assume an existing solar lease may impact debt-to-income ratios and represents a mandatory ongoing financial commitment.
The property needs significant maintenance and includes an enclosed patio that may be unpermitted, which could complicate financing or future resale value.
This home may qualify for up to $21,550 in grant funds and down payment assistance programs for eligible buyers. Charming 3 Bedroom Home with Recent Upgrades & Endless Potential! Welcome to this inviting 3 -bedroom, plus a family room. 2-bath home offering comfort, functionality, and exciting possibilities. Featuring tile flooring throughout and a practical layout designed for everyday living, this home is both welcoming and versatile. Fresh interior paint and updated flooring in select bedrooms provide a clean, move-in-ready feel. Recent upgrades include a new roof, upgraded electrical grounding, new boiler, new swamp cooler, and a new water filtration tank, giving added value and peace of mind. A standout feature of the property is the permitted enclosed patio measuring approximately 330 sq. ft., offering additional flexible space perfect for a family room, home office, gym, or entertainment area. Seller can provide permits for the enclosed patio. Conveniently located near schools, shopping, and major freeways, this home offers both accessibility and opportunity. Property has a solar lease that the buyer will need to assume. Buyer to verify all information, including square footage and permits.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 59% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,757 | 1,400 | 73% |
| Lot Size | 6,241 | 6,994.5 | 22% |
| Price | $385.0K | $410.0K | 33% |
| Price per sq ft | $219 | $290 | 10% |
| Built year | 1955 | 1957 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 144 | 1% |
Apr 13, 2026
$385,000
Initial Listing
May 21, 2010
$130,000
Public Record
Jul 17, 2008
$118,500
Public Record
Apr 1, 2003
$122,000
Public Record