1111 Caperton, Lancaster, California 93535, Lancaster, 93535 - 5 bed, 3 bath
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Lancaster, California 93535
This Major Fixer Asset is listed at $279,900, which aligns with its $279,900 Fair Market Value. Currently holding an Uninhabitable Condition Rating, this short sale requires a comprehensive reconstruction but offers a substantial 2,267 square foot footprint with 5 bedrooms and a covered patio. With comparable area sales reaching over $315,000, the 6,970 square foot lot within the Antelope Valley Union High School District provides significant Value-Add potential. This cash-only, as-is acquisition is a strategic project for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1111 Caperton Subject | $279,900* List Price | 5 | 3 | 2,267 | $123 | - |
A 1132 Morven Street Sold | $316,350 | 4 | 3 | 2,289 | $138 | 0.1 mi |
B 823 E Avenue J9 Sold | $300,000 | 4 | 3 | 2,016 | $149 | 0.7 mi |
C 1502 E Avenue J2 Pending | $349,500 List Price | 3 | 3 | 2,368 | $148 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
This property is explicitly described as a 'MAJOR FIXER' and 'not habitable.' Built in 1969, it is over 50 years old with no evidence of major renovations. The listing details extensive damage including plumbing leaks throughout, heavily stained and damaged ceilings/drywall, a damaged roof, missing AC unit, missing flooring, single-pane aluminum windows, and exposed pipes and framing. Utilities are off and will not be activated by the seller, and it's a cash-only, as-is sale. The kitchen and bathrooms, like the rest of the interior, are in a state of extreme disrepair, requiring complete demolition and reconstruction due to plumbing issues, missing finishes, and exposed infrastructure. The sheer scope of necessary repairs, coupled with its uninhabitable status and age, indicates the structure is beyond practical repair for habitation, making its value primarily in the land.
The property's current 'major fixer' status and short sale designation present a unique opportunity for substantial value creation through a comprehensive renovation.
With 5 bedrooms and 3 bathrooms across 2267 sqft, the home offers ample space for a large family or potential for multiple income streams post-renovation.
A 6970 sqft lot provides good outdoor space, allowing for landscaping, potential additions, or recreational use.
The property is explicitly stated as 'not habitable' and requires a major, comprehensive renovation due to widespread damage including plumbing leaks, structural issues, missing systems (AC, flooring), and exposed framing.
The requirement for a cash-only transaction significantly restricts the buyer pool, and the 'sold as-is' condition means the buyer assumes all risks and costs associated with the extensive repairs.
Utilities are currently off and will not be activated by the seller, complicating inspections and due diligence. The seller's refusal to make any repairs or contributions further burdens the buyer.
SHORT SALE, MAJOR FIXER, not habitable. Five bedrooms, three baths. Plumbing leaks throughout, heavily stained, discolored and damaged ceilings, drywall and exterior stucco. Damaged roof, missing AC unit, missing flooring throughout. Single pane aluminum windows. Missing drywall, exposed pipes and framing. Block walls, covered patio. Enclosed courtyard, large shady tree in front. Utilities are not on, nor will they be activated by the seller. SOLD AS IS! Seller will not make any repairs or contributions to short sale. Short sale is subject to lender approvals. CASH ONLY!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 85% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 2,267 | 1,622 | 80% |
| Lot Size | 6,970 | 7,084 | 45% |
| Price | $279.9K | $440.0K | 2% |
| Price per sq ft | $123 | $265 | 1% |
| Built year | 1969 | 1988 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 192 | 182 | 57% |
Oct 12, 2025
$279,900
Initial Listing