
Lancaster, California 93534
This recently remodeled single-family residence represents a High-Potential Investment Opportunity, listed at $470,000—positioned slightly above the $454,102 Fair Market Value. While the price reflects a premium, the property offers significant versatility through its permitted ADU/garage conversion, providing a functional layout for multi-generational living. With a Condition Rating of 2, the home features modern upgrades like LVP flooring and updated fixtures. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with supplemental income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1047 W Avenue H6 Subject | $470,000* List Price | 4 | 3 | 1,559 | $291 | - |
A 1041 W Avenue H2 Sold | $389,900 | 4 | 2 | 1,420 | $275 | 0.2 mi |
B 805 Jason Court Sold | $455,000 | 4 | 3 | 1,707 | $267 | 0.2 mi |
C 1203 W Avenue H8 Sold | $415,000 | 4 | 2 | 1,323 | $314 | 0.2 mi |
D 1444 W Avenue H8 Sold | $440,000 | 4 | 3 | 1,791 | $246 | 0.4 mi |
E 45650 Fig Avenue Sold | $420,000 | 4 | 2 | 1,662 | $253 | 0.4 mi |
F 714 W Avenue H9 Sold | $435,000 | 4 | 2 | 1,312 | $332 | 0.4 mi |
G 1408 W Avenue H15 Sold | $410,000 | 4 | 2 | 1,444 | $284 | 0.7 mi |
H 1289 Boyden Sold | $565,000 | 4 | 2 | 1,918 | $295 | 0.5 mi |
I 1016 W Avenue H5 Active | $415,000 List Price | 3 | 2 | 1,408 | $295 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a recent comprehensive remodel (within <5 years) as evidenced by the modern kitchen with white shaker cabinets, stainless steel appliances, and updated LVP flooring. Bathrooms feature contemporary tile work and new fixtures, and the addition of a permitted ADU/garage conversion indicates significant recent investment in the property's condition.
The home features a recent remodel with an open floor plan, providing a contemporary aesthetic and functional flow that is highly desirable for modern families.
The garage conversion provides an additional bedroom and bathroom, creating a functional ADU-style space ideal for multi-generational living or a home office.
With a 6,346 square foot lot, the property offers a large backyard that provides ample space for outdoor recreation, gardening, or future expansions.
The added square footage and garage conversion require buyer verification of permits, which could lead to complications with financing or future building compliance.
The local schools are rated between 2 and 3 out of 10, which may deter families prioritizing high-performance education and could impact long-term resale value.
Welcome to this recently remodeled home with 3 bedrooms and 2 baths in the main home. This open floor plan is perfect for a young family with a large back yard and a garage conversion. Tax records indicate the added square footage and a total bed count of 4 bedrooms and 3 baths. Please verify all permits and information with the County Building and tax departments. This added ADU space is perfect for Parents or an older child going off to collage and staying at home. Hurry and see this one.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.9 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,559 | 1,831.274 |
| Lot Size | 6,346 | 7,654.687 |
| Price | $470.0K | $478.1K |
| Price per sq ft | $301 | $269 |
| Built year | 1956 | 1989 |
| HOA | $0 | $203 |
| Days on market | 43 | 62 |
Jul 28, 2026
$470,000
Initial Listing
Aug 14, 2024
$580,000
Public Record
May 3, 2024
$300,000
Public Record
Apr 15, 2024
$265,000
Public Record
Jul 31, 2013
$115,000
Public Record
Sep 23, 2011
$80,500
Public Record
Aug 7, 2003
$143,000
Public Record