
Lancaster, California 93536
This Dual-Residence Property represents a High-Potential Investment Opportunity, listed at $609,000—positioned well below the $590,755 Fair Market Value by -3%. While the list price is slightly above market, the property offers significant utility through its Mint Condition Rating and high-end renovations. Featuring a 1,932 sqft total living area on a nearly half-acre lot, this asset provides rare flexibility for multi-generational living or rental income. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating compound.
Property is new construction or fully renovated.
Although originally built in 1954, the property has undergone a complete high-end renovation within the last year. The interior features brand new luxury vinyl flooring, modern kitchens with quartz countertops and shaker cabinets, updated bathrooms with contemporary tiling, and new mini-split HVAC systems, placing it in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19422, living area = 1932.
The property features two separate residences on a single lot, offering an ideal setup for multi-generational living or generating rental income to offset mortgage costs.
Situated on nearly half an acre, the oversized lot provides ample space for RV/boat parking and the potential to add a third ADU, maximizing the property's utility.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1932, other record living area = 1212. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Originally built in 1954, the property may require ongoing maintenance or inspections of older underlying systems despite the modern cosmetic renovations.
The property is noted as having no scenic views, which may be a drawback for buyers seeking aesthetic surroundings or elevated vistas in a large-lot property.
Welcome to 2018 & 2018 1/2 W Lancaster a rare opportunity to own two homes on one spacious lot in West Lancaster! The main residence features 3 bedrooms, 2 full bathrooms, and 1,212 square feet of thoughtfully designed living space. The separate rear unit offers an additional 720 square feet, with 2 bedrooms, 1 full bathroom, a full kitchen, laundry nook, and combined living and dining area. The rear home also features its own private, fenced yard, providing added privacy and versatility. Both homes showcase luxury vinyl flooring throughout and a bright, neutral color palette that creates a clean, modern feel. The kitchens are beautifully appointed with white cabinetry, matte-black hardware, and sleek quartz countertops, offering a timeless and stylish finish. Situated on nearly half an acre, this property provides plenty of room for parking and future possibilities, including space for an additional ADU and parking for an RV, boat, or other recreational vehicles. The location is equally convenient, with easy access to shopping, schools, restaurants, parks, and major commuter routes. The freeway is just approximately three minutes away, making commuting a breeze. Whether you're looking for a multigenerational living arrangement, an investment opportunity, or the flexibility to live in one home while renting the other for additional income, this unique property offers exceptional versatility and endless possibilities. Two homes. One lot, nearly half an acre. Endless potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.9 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,932 | 1,831.274 |
| Lot Size | 19,422 | 7,654.687 |
| Price | $609.0K | $478.1K |
| Price per sq ft | $315 | $269 |
| Built year | 1954 | 1989 |
| HOA | $0 | $203 |
| Days on market | 13 | 62 |
Aug 27, 2026
$609,000
Initial Listing
Aug 11, 2021
$300,000
Public Record