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2040 W Avenue J7, Lancaster, California 93536, Lancaster, 93536 - 5 bed, 3 bath

2040 W Avenue J7, Lancaster, California 93536 home-pic-0
ACTIVE$680,000$2,664/sqft
Est. Value: $672,754
-1%
FairlyEstimate
2040 W Avenue J7, Lancaster, California 93536
5Beds
3Baths
2,664Sqft
8,843Lot

Price Vs. Estimate

The estimated value ($672,753.97) is $7,246.03 (1%) lower than the list price ($680,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income Potential / Multi-Generational Living: Features a newly permitted ADU with 2 bedrooms, 1 bathroom, a spacious family room, and a new kitchen, complete with its own address and mailbox, offering excellent potential for rental income or accommodating extended family.
Top Cons:
Lack of Explicit Cooling System: The property description does not mention a cooling system (e.g., central air conditioning), which could be a significant drawback given the hot climate in Lancaster.

Compared to the nearby listings

Price:$680.0K vs avg $550.2K (+$129,750)89%
Size:2,664 sqft vs avg 2,135.5 sqft77%
Price/sqft:$255 vs avg $26343%

More Insights

Built in 2003 (23 years old).
Condition: Despite being built in 2003, the property has undergone extensive and recent renovations, including a 'NEW Permitted ADU' and a 'Newly Designed Kitchen' in the main home. The images confirm modern aesthetics with light-colored wide plank flooring throughout, white shaker cabinets, quartz countertops, stainless steel appliances, contemporary light fixtures, and a custom master shower with dual sinks and modern finishes. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
2003
Close
-
List price
$680K
Original List price
$750K
Price/Sqft
$255
HOA
-
Days on market
-
Sold On
-
MLS number
SR24159839
Home ConditionExcellent
Features
Patio
View-

About this home

UPGRADES GALORE!! LOOKING FOR A ADU! MOTHER-N-LAW SUITE! LOOK NO FURTHER! NEW Permitted ADU Featuring 2 Bedrooms & 1 Bathroom, Spacious Family Room, with a Gorgeous New Kitchen. The Kitchen Offers Quartz Counter Tops & an Electric Stove Top. The Main Home Features 3 Spacious Bedrooms & 2 Bathrooms. Open Floor Plan! Formal Living & Formal Dining Room. Spacious Family Room that Opens to a Newly Designed Kitchen. The Kitchen Features Quartz Counter Tops, Stainless Steel Appliances, Oversized Breakfast Bar, & a Walk-In Pantry. Spacious Master Bedroom & an Oversized Walk-In Closet, Dual Sinks, & a Custom Shower. Two Additional Bedrooms with Large Closets. Indoor Oversized Laundry Room with an Abundance of Cabinets & a Folding Station. The Backyard Offers a Covered Patio, Block Walls, & Luscious Green Landscaping. The ADU Offers Its Own Address 2042 W. Ave. J-7 & Its Own Mailbox. Located in a Desirable Neighborhood, Close to the Freeway, Schools & Shopping.

C
Christie Limpus
Listing Agent

Nearby schools

3/10
Sunnydale Elementary School
Public,•K-6•0.9mi
3/10
West Wind Elementary School
Public,•K-5•1.4mi
4/10
Monte Vista Elementary School
Public,•K-5•1.5mi
4/10
Amargosa Creek Middle School
Public,•6-8•0.7mi
4/10
Lancaster High School
Public,•9-12•1.4mi
Condition Rating
Excellent
Despite being built in 2003, the property has undergone extensive and recent renovations, including a 'NEW Permitted ADU' and a 'Newly Designed Kitchen' in the main home. The images confirm modern aesthetics with light-colored wide plank flooring throughout, white shaker cabinets, quartz countertops, stainless steel appliances, contemporary light fixtures, and a custom master shower with dual sinks and modern finishes. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Income Potential / Multi-Generational Living: Features a newly permitted ADU with 2 bedrooms, 1 bathroom, a spacious family room, and a new kitchen, complete with its own address and mailbox, offering excellent potential for rental income or accommodating extended family.
Extensive Modern Upgrades: Both the main home and the ADU boast new kitchens with quartz countertops, stainless steel appliances, and modern designs, indicating significant recent investment and move-in readiness.
Spacious & Functional Layout: The main home offers an open floor plan with formal living and dining areas, a large family room, a spacious master bedroom with an oversized walk-in closet and dual sinks, and an oversized indoor laundry room with ample storage.
Desirable Location: Situated in a desirable neighborhood, providing convenient access to the freeway, local schools, and various shopping centers.
Enhanced Outdoor Living: The backyard features a covered patio, block walls for privacy, and luscious green landscaping, creating an inviting outdoor space for relaxation and entertainment.

Cons

Lack of Explicit Cooling System: The property description does not mention a cooling system (e.g., central air conditioning), which could be a significant drawback given the hot climate in Lancaster.
No Scenic Views: The property explicitly states 'view: None', which may be a disadvantage for buyers prioritizing scenic surroundings or specific vistas.
Recent Price Reductions: The property has undergone multiple price reductions from its original list price of $749,900 to the current $680,000, which could suggest an initial overpricing or slower market interest.
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