2037 E Kettering Street, Lancaster, California 93535, Lancaster, 93535 - 4 bed, 3 bath
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Lancaster, California 93535
This property presents a High-Potential Investment Opportunity with a List Price of $250,000—positioned well below the $360,281 Fair Market Value by 30%. This valuation gap offers $110,281 in Instant Equity for buyers willing to execute a comprehensive renovation. Featuring a 2,439 sqft floor plan with a downstairs bedroom, the home requires significant capital expenditure due to its Fair Condition Rating. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Hard-Money Investors seeking a value-add asset.
Property is extensive renovation needed.
Although built in 2007, the property exhibits clear safety and structural defects, most notably a severely damaged garage door and total lack of exterior maintenance. The listing description explicitly targets investors to 'make this property to your liking,' which, combined with a price point significantly below market value, indicates the interior likely requires a full rehab.
Priced at $250,000—well below its 2018 sale price of $325,000—this property offers a substantial value-add opportunity for investors to capture equity through renovation.
Built in 2007, the generous 2,439 sqft floor plan features four bedrooms and three full baths, including a highly desirable downstairs bedroom perfect for guests or multi-generational living.
As a relatively newer build from 2007, the home likely benefits from more modern building codes, electrical systems, and plumbing compared to older inventory in the Lancaster market.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The listing's emphasis on being an 'investor special' and the invitation to 'make it your liking' indicates the property likely requires significant capital expenditure for repairs and updates.
Given the suggested condition and pricing strategy, the property may struggle to meet the appraisal requirements for traditional FHA or VA loans, potentially limiting the buyer pool to cash or hard-money investors.
PERFECT PROPERTY FOR AN INVESTOR. MAKE THIS PROPERTY TO YOUR LIKING. THIS PROPERTY FEATURES 4 BEDROOM AND 3 FULL BATHROOMS. WITH 1 OF THE BEDROOMS DOWNSTAIRS.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 64% |
| Square foot | 2,439 | 1,641.5 | 86% |
| Lot Size | 6,960 | 7,065 | 44% |
| Price | $250.0K | $443.8K | 1% |
| Price per sq ft | $103 | $263 | 0% |
| Built year | 2007 | 1988 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 167 | 0% |
Jun 1, 2026
$250,000
Initial Listing
Oct 26, 2018
$325,000
Public Record
Nov 1, 2010
$123,500
Public Record
Jun 9, 2008
$336,000
Public Record