1042 West Avenue J10, Lancaster, California 93534, Lancaster, 93534 - 3 bed, 2 bath
ACTIVE$389,900$1,108/sqft
Est. Value: $348,276
-10%
AboveEstimate
1042 West Avenue J10, Lancaster, California 93534
3Beds
2Baths
1,108Sqft
7,006Lot
Price Vs. Estimate
The estimated value ($348,276.445) is $41,623.555 (10%) lower than the list price ($389,900). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7006, living area = 1108.
Top Cons:
Age of Construction: Built in 1955, the property may have aging infrastructure (e.g., plumbing, electrical, HVAC) that could require future updates or maintenance not explicitly mentioned.
Compared to the nearby listings
Price:$389.9K vs avg $422.0K ($-32,100)28%
Size:1,108 sqft vs avg 1,420 sqft16%
Price/sqft:$352 vs avg $30282%
More Insights
Built in 1955 (71 years old).
Condition: The property, built in 1955, has undergone significant cosmetic updates including fresh paint, new laminate flooring, updated kitchen cabinets and solid-surface counters, and refreshed bathrooms with new vanities and tub surrounds. Mini-split AC units provide modern cooling. However, the kitchen is notably missing all major appliances (stove, refrigerator, dishwasher), which requires immediate and substantial investment from a buyer. While cosmetically appealing, the underlying major systems of a 1955 home (plumbing, electrical) are likely original or very old and not within their expected lifespan, indicating potential future repairs. The property is functional and clean but requires immediate appliance purchases and likely future attention to its aged infrastructure.
Year Built
1955
Close
-
List price
$390K
Original List price
$420K
Price/Sqft
$352
HOA
-
Days on market
-
Sold On
-
MLS number
SR25280077
Home ConditionFair
Features
Patio
ViewNeighborhood
About this home
Discover this single-story home featuring 3 bedrooms and 1.5 bathrooms. The kitchen includes solid-surface counters and is open to the dining area. The laundry room is right off the kitchen and has a doorway leading to the backyard. A fresh gray-and-white color palette and laminate-style flooring create a welcoming atmosphere. Outside, the backyard provides space and potential to make it your own. Don't miss the opportunity to tour this home today!!
A
Andrea Castaneda
Listing Agent
Price History
Date
Event
Price
07/05/24
Sold
$580,000
04/05/24
Sold
$375,000
Condition Rating
Fair
The property, built in 1955, has undergone significant cosmetic updates including fresh paint, new laminate flooring, updated kitchen cabinets and solid-surface counters, and refreshed bathrooms with new vanities and tub surrounds. Mini-split AC units provide modern cooling. However, the kitchen is notably missing all major appliances (stove, refrigerator, dishwasher), which requires immediate and substantial investment from a buyer. While cosmetically appealing, the underlying major systems of a 1955 home (plumbing, electrical) are likely original or very old and not within their expected lifespan, indicating potential future repairs. The property is functional and clean but requires immediate appliance purchases and likely future attention to its aged infrastructure.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7006, living area = 1108.
Single-Story Design: The single-story layout offers broad appeal, accessibility, and ease of maintenance for various buyer demographics.
Modernized Interior Aesthetics: Features a fresh gray-and-white color palette and laminate-style flooring, providing a contemporary and move-in ready feel.
Functional Kitchen & Layout: Includes solid-surface counters, an open concept to the dining area, and a convenient dedicated laundry room with direct backyard access.
Spacious Backyard Potential: A generous 7,006 sqft lot provides ample outdoor space for customization, landscaping, or potential expansion.
Recent Price Reduction: The list price has been reduced from $419,900 to $389,900, enhancing its market competitiveness and value proposition for buyers.
Cons
Age of Construction: Built in 1955, the property may have aging infrastructure (e.g., plumbing, electrical, HVAC) that could require future updates or maintenance not explicitly mentioned.
Limited Bathroom Count: With 1.5 bathrooms for 3 bedrooms, the property offers fewer facilities than typically desired by modern families, potentially impacting convenience and resale value.
Lack of Premium View & Cooling System: While it has a 'Neighborhood' view, it lacks a premium scenic view. More critically, the description does not mention a cooling system, which is a significant drawback in Lancaster's hot climate.