
Lancaster, California 93534
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $459,000—positioned well below the $463,603 Fair Market Value by 1%. This valuation gap offers $4,603 in Instant Equity. With a Condition Rating of 4, the property provides a functional layout with significant upside through cosmetic updates. The expansive 8,096 sqft lot and Private Pool offer excellent potential for ADU expansion. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1235 W Ivesbrook Subject | $459,000* List Price | 4 | 2 | 1,882 | $246 | - |
A 45116 Camolin Sold | $350,000 | 4 | 2 | 1,574 | $222 | 0.5 mi |
B 1732 W Holguin Street Sold | $500,000 | 4 | 2 | 1,880 | $266 | 0.8 mi |
C 44916 18th Street W Sold | $448,000 | 3 | 2 | 1,846 | $243 | 0.6 mi |
D 44632 17th W Sold | $435,000 | 5 | 2 | 1,620 | $269 | 0.8 mi |
E 44450 Lowtree Avenue Sold | $435,000 | 4 | 3 | 1,634 | $266 | 0.8 mi |
F 1365 Jenner Street Sold | $395,000 | 3 | 2 | 1,310 | $302 | 0.2 mi |
G 828 Jason Court Sold | $410,000 | 4 | 3 | 1,707 | $240 | 0.8 mi |
H 1639 W Norberry Sold | $520,000 | 4 | 2 | 1,989 | $261 | 0.8 mi |
I 1441 Jenner Street Active | $395,000 List Price | 4 | 2 | 1,401 | $282 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, this 74-year-old property is functional and livable but shows significant dating. The exterior retains older window styles and the interior finishes, such as the carpet and wall textures, appear to be over 20 years old. While the listing mentions a 'spacious kitchen' and a pool, there is no evidence of recent major renovations to systems like HVAC or electrical, placing it in the category of needing cosmetic updates and minor repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8096, living area = 1882.
The property features a sparkling pool and a large backyard, providing an ideal space for summer entertainment and outdoor relaxation in the Lancaster climate.
With a generous 8,096 sqft lot, there is significant potential for adding an Accessory Dwelling Unit (ADU) or customizing the space for multigenerational living.
Originally built in 1952, the home may require ongoing maintenance or updates to its infrastructure to align with modern building standards.
The listing indicates no specific views, which may be a disadvantage for buyers prioritizing the desert or mountain vistas often found in the region.
Welcome to this inviting 4-bedroom home that perfectly blends comfort, space, and opportunity. Thoughtfully designed with a private primary suite, this home offers an ideal layout for families, guests, or a home office. The spacious kitchen features plenty of cabinet and counter space, making meal preparation and everyday living both convenient and enjoyable. Step outside and discover your own backyard oasis. The sparkling pool is ready for summer fun, weekend barbecues, and memorable gatherings with family and friends. The large backyard offers endless possibilities, including potential space for an ADU, multigenerational living, or future customization to fit your lifestyle. With generous living areas, a functional floor plan, and exceptional outdoor space, this home delivers the perfect combination of comfort, flexibility, and value. Whether you're looking for your first home or your forever home, this property is full of potential and ready for its next chapter. Don't miss this incredible opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,882 | 1,880 |
| Lot Size | 8,096 | 7,703 |
| Price | $459.0K | $474.8K |
| Price per sq ft | $244 | $271 |
| Built year | 1952 | 1990 |
| HOA | $0 | $140 |
| Days on market | 34 | 62 |
Jun 18, 2026
$459,000
Initial Listing
Aug 15, 2018
$235,000
Public Record