137 E Avenue J 8, Lancaster, California 93535, Lancaster, 93535 - 3 bed, 2 bath
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137 E Avenue J 8
Lancaster, California 93535
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,668Sq Ft
6,578Lot Size
Property Price
LIST PRICE$349,001
EST. MARKET VALUE
$392,687
11% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $349,001—positioned well below the $391,939 Fair Market Value by 10%. This valuation gap offers $42,938 in Instant Equity for the buyer. Featuring a Remodeled Kitchen and Modernized Bathrooms, the property holds a Condition Rating of 2, ensuring a move-in-ready experience. While school ratings are modest, the home’s updated interior and competitive pricing make it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking immediate value.
Estimated Market Value
$392,687+$43,686 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Lancaster.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 137 E Avenue J 8 Subject | $349,001* List Price | 3 | 2 | 1,668 | $235 | - |
A 44714 2nd E Sold | $420,000 | 3 | 2 | 1,617 | $260 | 0.9 mi |
B 321 E Avenue J8 Sold | $350,000 | 4 | 2 | 1,496 | $234 | 0.2 mi |
C 44008 Raysack Sold | $425,000 | 4 | 2 | 1,571 | $271 | 0.4 mi |
D 44125 Rodin Sold | $442,500 | 4 | 2 | 1,700 | $260 | 0.6 mi |
E 520 E Norberry Sold | $382,000 | 3 | 2 | 1,452 | $263 | 1.0 mi |
F 43603 Gingham Avenue Active | $379,000 List Price | 3 | 2 | 1,608 | $236 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although originally built in 1956, the property has undergone a comprehensive interior renovation within the last 5 years. It features a fully remodeled kitchen with quartz countertops and stainless steel appliances, updated bathrooms with modern tile and vanities, and new flooring and recessed lighting throughout, qualifying it as a turnkey, mint-condition home.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Modern Renovations
The property has been extensively updated with a remodeled kitchen featuring quartz-like countertops and stainless steel appliances, along with renovated bathrooms and new flooring, offering a move-in-ready experience.
- Spacious Open-Concept Layout
Boasting 1,668 square feet of living space, the home features a thoughtfully designed open-concept floor plan that maximizes natural light and provides a generous sense of space for a three-bedroom residence.
- Exceptional Market Value
Priced competitively at $349,001, this home offers significant value for a fully renovated single-family residence in the Lancaster area, making it highly attractive to first-time buyers and investors.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The assigned elementary, middle, and high schools all carry a rating of 2/10, which may be a significant drawback for families prioritizing high-performing educational districts.
- Aging Infrastructure
While the interior is beautifully renovated, the original 1956 construction means the underlying structural and mechanical systems are nearly 70 years old, potentially leading to future maintenance needs.
About 137 E Avenue J 8
Welcome to this Opportunity--a beautifully renovated home that perfectly blends modern style with everyday comfort. This spacious residence features 3 bedrooms, 2 bathrooms, and approximately 1,668 square feet of thoughtfully updated living space.Step inside to discover an open-concept floor plan highlighted by wood like flooring, recessed lighting, and abundant natural light. The remodeled kitchen showcases newer cabinetry, quartz like countertops, stainless steel appliances, and contemporary finishes, making it ideal for both everyday living and entertaining.The bathrooms have been renovated with modern tile, modern vanities and elegant fixtures. The spacious primary suite offers a relaxing retreat with a beautifully updated en-suite bathroom.Situated on an approximately 6,578-square-foot lot, the property provides plenty of outdoor space for entertaining, gardening, or future possibilities.Conveniently located near schools, shopping, restaurants, and commuter routes, this move-in-ready home offers exceptional value with modern upgrades and endless potential. Don't miss your opportunity to own this turnkey Lancaster gem!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 6,578 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lancaster Unified Schools
Joshua Elementary
Grades K-5 • 0.1 mi
2/10
New Vista Middle School
Grades 6-8 • 1.0 mi
2/10
Antelope Valley High School
Grades 9-12 • 1.2 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.9 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,668 | 1,831.274 |
| Lot Size | 6,578 | 7,654.687 |
| Price | $349.0K | $478.1K |
| Price per sq ft | $209 | $269 |
| Built year | 1956 | 1989 |
| HOA | $0 | $203 |
| Days on market | 37 | 62 |
Pricing History
Listed for Sale
Aug 3, 2026
$349,001
Initial Listing
Sold
Sep 25, 2024
$580,000
Public Record
Sold
Mar 28, 2024
$325,000
Public Record