1047 E Lingard Street, Lancaster, California 93535, Lancaster, 93535 - 3 bed, 1 bath
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1047 E Lingard Street
Lancaster, California 93535
ACTIVE
CONDITION: POOR
3Beds
1Baths
1,184Sq Ft
13,450Lot Size
Property Price
LIST PRICE$324,999
EST. MARKET VALUE
$331,749
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $324,999—positioned well below the $331,749 Fair Market Value by 2%. This valuation gap offers $6,750 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires significant renovation, but the 13,450-square-foot oversized lot provides exceptional utility for RV parking or future expansion. This is a value-add acquisition ideal for Fix-and-Flip Investors or Contractors seeking to maximize the potential of this cul-de-sac asset.
Estimated Market Value
$331,749
Based on Realkey algorithm analyzing recent comparable sales in Lancaster.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1047 E Lingard Street Subject | $324,999* List Price | 3 | 1 | 1,184 | $280 | - |
A 44605 Gillan Avenue Sold | $390,000 | 3 | 2 | 1,134 | $344 | 0.2 mi |
B 1305 Avnue J3 Sold | $379,999 | 3 | 2 | 1,225 | $310 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1942, this property is over 80 years old and is explicitly marketed as a renovation project for investors and rehabbers. The exterior shows significant deferred maintenance with overgrown vegetation and aged roof-mounted systems, and the description confirms the home requires work to reach its full potential, indicating outdated interiors and systems.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 13450, living area = 1184.
- Expansive Lot Size
The impressive 13,450-square-foot oversized lot provides significant space for RV parking, recreational vehicles, or potential future expansions such as an ADU.
- Prime Cul-de-Sac Location
Situated at the end of a quiet cul-de-sac, the property offers enhanced privacy and reduced through-traffic, creating a more secluded and desirable residential setting.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Significant Renovation Required
The home is in need of substantial work and repairs, which will require immediate capital investment and a buyer prepared for a comprehensive rehabilitation project.
- Limited Bathroom Count
The 3-bedroom residence features only one bathroom, which may limit its appeal to modern families and represents a functional drawback compared to newer builds.
About 1047 E Lingard Street
Great opportunity in Lancaster! This 1,184-square-foot residential property is situated at the end of a quiet cul-de-sac on an impressive 13,450-square-foot oversized lot, offering significant potential for an investor looking for a renovation project with additional land value and flexibility. The home features an open kitchen and functional layout but does require work, making it well suited for investors, rehabbers, and buyers looking to renovate, improve, and maximize the property's potential. The oversized lot provides ample space for RV parking, trailers, boats, recreational vehicles, or other toys, along with potential for future improvements or customization, subject to applicable city, zoning, and permitting requirements. With its desirable cul-de-sac location, generous lot size, and renovation potential, this property offers an excellent opportunity for an investor looking to add value and unlock its full potential. Bring your vision and unlock the potential of this unique Lancaster investment opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1942
- Lot Size
- 13,450 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.9 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,184 | 1,831.274 |
| Lot Size | 13,450 | 7,654.687 |
| Price | $325.0K | $478.1K |
| Price per sq ft | $274 | $269 |
| Built year | 1942 | 1989 |
| HOA | $0 | $203 |
| Days on market | 9 | 62 |
Pricing History
Listed for Sale
Aug 31, 2026
$324,999
Initial Listing
Sold
Feb 20, 2020
$240,000
Public Record
Sold
Aug 20, 2019
$149,000
Public Record