1342 W Avenue H15, Lancaster, California 93534, Lancaster, 93534 - 3 bed, 1 bath
1342 W Avenue H15
Lancaster, California 93534
Property Price
SUMMARY
Analysis of 1342 W Avenue H15, Lancaster, California 93534 reveals a Fairly Priced Property with a current list price of $349,999 aligned with the estimated $354,900 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Lancaster Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1342 W Avenue H15 Subject | $349,999* List Price | 3 | 1 | 1,045 | $340 | - |
A 1414 W Jackman Street Sold | $360,000 | 3 | 1 | 1,048 | $344 | 0.3 mi |
B 45443 Saigon Sold | $340,000 | 3 | 2 | 1,040 | $327 | 0.4 mi |
C 45532 Elm Avenue Sold | $360,000 | 3 | 1 | 996 | $361 | 0.8 mi |
D 1029 W Avenue H5 Sold | $340,000 | 3 | 2 | 1,118 | $304 | 0.7 mi |
E 1303 W Ivesbrook Street Sold | $325,000 | 3 | 1 | 1,155 | $281 | 0.1 mi |
F 1335 W Ivyton Pending | $419,870 List Price | 3 | 1 | 1,129 | $372 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1953, the property has undergone significant recent updates including new windows, updated heat and air (mini-split units visible), a fresh roof surface, new concrete slab, and a new water filtration system. The description also notes 'upgraded kitchen and bathroom' and 'hard flooring.' While the kitchen and bathroom styles (tile countertops, wood cabinets, basic vanity) appear to be from an older renovation (likely 15-25 years ago) rather than a very recent one, they are clean, functional, and do not require immediate renovation. The property is move-in ready, and the major systems are well-maintained and updated, aligning with the 'Good' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7346, living area = 1045.
- Extensive Recent Updates
The property has undergone significant capital improvements, including new windows, updated heat and air, a fresh roof surface, a new concrete slab, and a new water filtration system, offering peace of mind and reduced immediate maintenance for a buyer.
- Modernized Interior
The kitchen and bathroom have been upgraded, and hard flooring installed throughout, providing a contemporary and move-in ready aesthetic.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With three bedrooms sharing only one bathroom, the property may present practical inconveniences for families or multiple occupants.
- Compact Interior Size
At 1045 square feet, the home is on the smaller side for a three-bedroom residence, which might be a consideration for buyers seeking more expansive living areas.
- Age of Structure
Built in 1953, despite extensive updates, the underlying structure is over 70 years old, which could potentially lead to unforeseen issues or higher insurance premiums compared to newer constructions.
About 1342 W Avenue H15
Charming three-bedroom, one-bathroom home built in nineteen fifty-three, one thousand forty-five square feet in Lancaster, California. Enjoy a wonderful floor plan with new windows, updated heat and air, a fresh roof surface, new concrete slab, and a new water filtration system. Huge sunroom, hard flooring, and upgraded kitchen and bathroom make it super spacious. Quiet yet centrally locate
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 7,346 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 15% |
| Square foot | 1,045 | 1,375 | 13% |
| Lot Size | 7,346 | 6,995 | 59% |
| Price | $350.0K | $407.5K | 20% |
| Price per sq ft | $335 | $297 | 78% |
| Built year | 1953 | 1957 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 194 | 8% |
Pricing History
Listed for Sale
Feb 3, 2026
$349,999
$354,900
-1% Price Drop
Initial Listing
Price Change
Jan 15, 2026
$354,900
Initial Listing