2005 W Oldfield, Lancaster, California 93536, Lancaster, 93536 - 3 bed, 2 bath
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Lancaster, California 93536
This property presents a High-Potential Investment Opportunity with a List Price of $399,900—positioned well above the $349,005 Fair Market Value by -14%. Featuring a Condition Rating of 5, the home requires a full rehab to modernize its vintage 1955 infrastructure. However, the Large 7,315 sq. ft. Lot and Prime Cul-de-Sac Location provide a solid foundation for value-add renovations. This asset is an ideal acquisition for Buy-and-Hold Investors or Fix-and-Flip Investors seeking to capitalize on the West Lancaster market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2005 W Oldfield Subject | $379,900* List Price | 3 | 2 | 1,143 | $297 | - |
A 2005 W Norberry Sold | $350,000 | 3 | 2 | 1,143 | $306 | 0.0 mi |
B 2018 W Lingard Street Sold | $430,000 | 5 | 3 | 1,483 | $290 | 0.3 mi |
C 44727 W 21st Street W Active | $360,000 List Price | 4 | 2 | 1,187 | $303 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955, the property features a kitchen and bathrooms that appear original or over 40 years old. While it has fresh carpet and paint, the lack of central HVAC (relying on wall heaters and window units) and the dated state of the cabinetry and tile indicate the home needs a full rehab to modernize systems and functional spaces.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7315, living area = 1143.
Situated in a highly desirable West Lancaster neighborhood on a quiet cul-de-sac, providing enhanced privacy and minimal through-traffic.
The expansive 7,315 square foot lot offers significant outdoor potential for gardening, entertaining, or future property expansions.
Originally built in 1955, the home may require updates to aging systems or cosmetic renovations to align with contemporary standards.
At 1,143 square feet for a three-bedroom, two-bathroom configuration, the individual room sizes may feel restrictive for larger families.
Welcome to this Beautiful 3-Bedroom, 2-Bathroom Home Located on a Quiet Cul-de-sac in a Highly Desirable West Lancaster Neighborhood. Featuring an Inviting Open Floor Plan, this Home Offers a Spacious and Comfortable Layout Perfect for Both Everyday Living and Entertaining. The Bright and Airy Living Spaces Flow Seamlessly Into the Kitchen and Dining Area, Creating a Warm and Welcoming Atmosphere. Situated on a Large Lot, the Property Provides Plenty of Room for Outdoor Enjoyment, Gardening, Entertaining, or Future Possibilities. Nestled on a Cul-de-sac, this Home Offers added Privacy and Reduced Traffic While Remaining Conveniently Located Near Schools, Shopping, Restaurants, Parks, and Commuter Routes. The Combination of Location, Lot Size, and Functional Floor Plan Makes this Property an Exceptional Opportunity for Homeowners and Investors alike. This Property may also be Purchased Individually or as Part of a Larger 33-home Investment Portfolio, Offering Investors the Opportunity to acquire in a Single Transaction Multiple Properties Located in Lancaster and Palmdale. Don't Miss this Opportunity to Own a Wonderful Home in One of West Lancaster's Most Sought-After Neighborhoods!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,143 | 1,880 |
| Lot Size | 7,315 | 7,703 |
| Price | $379.9K | $474.8K |
| Price per sq ft | $332 | $271 |
| Built year | 1955 | 1990 |
| HOA | $0 | $140 |
| Days on market | 38 | 62 |
Jul 10, 2026
$379,900
$399,900
-5% Price Drop
Initial Listing
Jun 14, 2026
$399,900
Initial Listing
Dec 31, 2012
$66,000
Public Record
Jul 29, 2005
$125,000
Public Record
Nov 2, 2001
$79,000
Public Record