1118 E Avenue J3, Lancaster, California 93535, Lancaster, 93535 - 4 bed, 2 bath
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Lancaster, California 93535
This High-Potential Value-Add Project is listed at $325,000, currently valued at a $257,176 Fair Market Value due to its extensive renovation requirements. Holding a Poor Condition Rating, this 1956 asset is a "true fixer" featuring a gutted interior and non-functional systems across 1,670 square feet. The property’s strength lies in its 7,796-square-foot lot and versatile 4-bedroom layout near Lancaster schools. This project represents a strategic opportunity for Fix-and-Flip Investors or Contractors to build equity and maximize ROI through a comprehensive modernization of a high-utility residential asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1118 E Avenue J3 Subject | $325,000* List Price | 4 | 2 | 1,670 | $154 | - |
A 609 E Pillsbury Street Sold | $420,000 | 4 | 2 | 1,728 | $243 | 0.5 mi |
B 836 E Pillsbury Street Sold | $330,000 | 5 | 2 | 1,604 | $206 | 0.6 mi |
C 44440 Hanstead Sold | $385,000 | 5 | 2 | 1,604 | $240 | 0.5 mi |
D 44432 Stanridge Sold | $275,000 | 3 | 2 | 1,260 | $218 | 0.4 mi |
E 823 E Avenue J9 Sold | $300,000 | 4 | 3 | 2,016 | $149 | 0.6 mi |
F 44232 E 4th Street E Sold | $399,000 | 4 | 2 | 1,845 | $216 | 0.1 mi |
G 44188 Glenraven Active | $400,000 List Price | 4 | 2 | 1,628 | $246 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1956 property is a 'true fixer' requiring substantial rehabilitation. Interior images reveal a gutted state in some areas with exposed wall studs, missing flooring, and a non-functional, highly outdated kitchen. The home shows significant deferred maintenance, including peeling paint, neglected landscaping, and damaged exterior structures, making it uninhabitable in its current condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7796, living area = 1670.
Marketed as a 'true fixer' at a competitive price point, this property offers a significant opportunity for investors or flippers to build substantial equity through strategic renovation.
The 7,796-square-foot lot provides ample outdoor space and potential for expansion or the addition of an Accessory Dwelling Unit (ADU), enhancing the property's long-term value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7796, other record lot size in square feet = 8240. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1670, other record living area = 1619. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property is in 'fixer' condition, requiring a significant capital injection for repairs and modernization, which may disqualify traditional financing for some buyers.
Built in 1956, the home likely requires costly updates to major systems such as electrical, plumbing, and insulation to meet modern building codes and energy efficiency standards.
Great opportunity for investors, flippers, or buyers looking for a project. This Lancaster property is a true fixer with plenty of potential for renovation and value-add improvements. Set on a spacious lot, the home offers a versatile layout ready to be reimagined to suit your needs. Conveniently located near schools, shopping, dining, and commuter routes, this property provides a solid foundation for those with vision. If you're ready to transform a home and create equity, this is the perfect canvas. Bring your tools and imagination—opportunities like this don’t come along often.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,670 | 1,622 | 53% |
| Lot Size | 7,796 | 7,091 | 66% |
| Price | $325.0K | $440.0K | 7% |
| Price per sq ft | $195 | $265 | 13% |
| Built year | 1956 | 1988 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 132 | 181 | 30% |
Dec 11, 2025
$325,000
Initial Listing
May 26, 2017
$238,000
Public Record
Dec 2, 2004
$220,000
Public Record
Jun 19, 2002
$127,000
Public Record