
Lancaster, California 93534
This property presents a Strong Value Opportunity with a List Price of $249,000—positioned well below the $261,071 Fair Market Value by 4%. This valuation gap offers $12,071 in Instant Equity for buyers. Featuring a 1,215 sqft functional layout with a private rear patio and community pool access, the home carries a Fair Condition Rating requiring a full interior restoration. This is a high-potential asset ideal for Fix-and-Flip Investors or Contractors seeking to build equity through strategic renovation.
Property is extensive renovation needed.
Built in 1981 (43 years old) with no evidence of recent renovations. The listing description explicitly targets investors and contractors to 'restore' the property, and photos show significant neglect in the patio area and dated, worn interior finishes, indicating a need for a full rehab.
Priced competitively at $249,000, this property presents a prime opportunity for investors or contractors to build significant equity through restoration and modernization.
The home is ideally situated near major commuter routes, shopping centers, dining, and schools, ensuring high demand for future resale or rental.
Featuring a spacious 1,215 sqft floor plan with a private rear patio and access to community amenities like a pool, the property offers a strong foundation for a comfortable lifestyle.
The property is marketed as a restoration project, meaning buyers must budget for significant immediate capital expenditures to make the home move-in ready.
A monthly association fee of $378 adds a permanent carrying cost that may impact the overall affordability and net ROI for budget-conscious investors.
Outstanding opportunity for investors, contractors, or buyers looking to add value. This home offers a functional layout with a private rear patio and assigned parking. Residents enjoy access to HOA amenities, including a community pool. Conveniently located near shopping, dining, schools, parks, and major commuter routes. Bring your vision to restore and customize this property to suit your needs.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,215 | 1,143 |
| Lot Size | 66,493 | - |
| Price | $249.0K | $312.5K |
| Price per sq ft | $205 | $252 |
| Built year | 1981 | 1990 |
| HOA | $378.0 | $395 |
| Days on market | 16 | 89 |
Jul 6, 2026
$249,000
Initial Listing
Dec 9, 2021
$227,000
Public Record
Jun 3, 2008
$134,000
Public Record
Mar 6, 2006
$208,000
Public Record
Dec 24, 2001
$69,500
Public Record