
Lancaster, California 93535
This property presents a High-Potential Investment Opportunity with a List Price of $415,000—positioned well below the $425,353 Fair Market Value by 2%. This valuation gap offers $10,353 in Instant Equity for buyers. Featuring a Condition Rating of 3, the home includes significant Major System Upgrades and a Modernized Kitchen, though it requires minor cosmetic finishing. With a large lot size and private pool, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1108 E Lancaster Subject | $415,000* List Price | 3 | 2 | 1,383 | $308 | - |
A 1129 Lightcap Sold | $432,000 | 3 | 2 | 1,449 | $298 | 0.1 mi |
B 44605 Gillan Avenue Sold | $390,000 | 3 | 2 | 1,134 | $344 | 0.3 mi |
C 44422 Sancroft Sold | $420,000 | 3 | 2 | 1,440 | $292 | 0.7 mi |
D 44933 Hanstead Avenue Sold | $447,000 | 4 | 2 | 1,526 | $293 | 0.4 mi |
E 44841 5th E Sold | $359,900 | 3 | 2 | 1,336 | $269 | 0.7 mi |
F 44633 Calston Sold | $449,000 | 4 | 2 | 1,813 | $248 | 0.2 mi |
G 44651 Rodin Avenue Sold | $380,000 | 3 | 2 | 1,107 | $343 | 0.5 mi |
H 403 Lightcap Sold | $389,990 | 3 | 2 | 1,428 | $273 | 0.8 mi |
I 1011 Lightcap Pending | $390,000 List Price | 3 | 2 | 1,449 | $269 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1969, the property has undergone significant recent renovations including a modernized kitchen with quartz countertops and custom cabinetry. Major systems have been updated (newer HVAC, roof, electrical, and sewer line), making it functional and move-in ready, though it requires minor cosmetic finishing like interior paint.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7605, living area = 1383.
The property features significant recent improvements including a newer roof, air conditioning system, electrical, water heater, and sewer line, offering long-term peace of mind and reduced maintenance costs.
The kitchen has been tastefully updated with high-quality quartz countertops and custom cabinetry, providing a stylish and functional heart of the home.
The home is positioned as a project for buyers to add their own style, indicating that interior painting and aesthetic finishing are necessary to reach its full potential.
The property lacks any significant views, which may limit its appeal compared to other homes in the region that offer mountain or desert vistas.
Discover the potential in this charming pool home, offering a great opportunity to personalize and make it your own. The backyard is designed for easy maintenance and features a pool with an existing safety fence, plus an iron gate and additional parking—perfect for entertaining or accommodating extra vehicles. Inside, you'll find crown molding, a cozy living room fireplace, and durable tile flooring throughout to help keep the home feeling cool during the warmer months. The kitchen features beautiful quartz countertops and custom cabinetry, creating a functional space with plenty of character. Major upgrades provide added peace of mind, including a newer air conditioning system, roof, electrical, water heater, and sewer line. Bring your paintbrush and vision to add your personal style and turn this home into the one you've been waiting for!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.9 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,383 | 1,831.274 |
| Lot Size | 7,605 | 7,654.687 |
| Price | $415.0K | $478.1K |
| Price per sq ft | $300 | $269 |
| Built year | 1969 | 1989 |
| HOA | $0 | $203 |
| Days on market | 20 | 62 |
Aug 20, 2026
$415,000
Initial Listing
Sep 11, 2012
$83,000
Public Record
Nov 3, 2005
$295,000
Public Record
Jun 15, 2000
$103,500
Public Record
Feb 11, 2000
$58,000
Public Record