2068 Spice Street, Lancaster, California 93536, Lancaster, 93536 - 4 bed, 3 bath
Loading property details...
2068 Spice Street
Lancaster, California 93536
ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,304Sq Ft
9,583.2Lot Size
Property Price
LIST PRICE$535,000
EST. MARKET VALUE
$540,464
SUMMARY
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $535,000—positioned well below the $540,465 Fair Market Value by 1%. This valuation gap offers $5,465 in Instant Equity. Featuring a 4-bedroom, 3-bathroom layout with a large 9,583 sqft lot, the home includes a pool, spa, and gazebo. While the property has a Condition Rating of 4, it offers significant potential for cosmetic modernization. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property.
Estimated Market Value
$540,464
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 |
|---|---|---|---|---|---|---|
★ 2068 Spice Street Subject 4 bd · 3 ba · 2,304 sqft · $235 | $535,000* List Price | 4 | 3 | 2,304 | $235 | - |
A 43638 21st Street W Sold 3 bd · 3 ba · 2,256 sqft · $266 · 0.1 mi | $600,000 | 3 | 3 | 2,256 | $266 | 0.1 mi |
B 44133 28th Street W Sold 3 bd · 2 ba · 2,467 sqft · $216 · 0.9 mi | $533,000 | 3 | 2 | 2,467 | $216 | 0.9 mi |
C 43944 Halcom Sold 4 bd · 3 ba · 2,445 sqft · $225 · 0.5 mi | $550,000 | 4 | 3 | 2,445 | $225 | 0.5 mi |
D 2630 Space Court Sold 4 bd · 3 ba · 2,151 sqft · $234 · 0.8 mi | $502,500 | 4 | 3 | 2,151 | $234 | 0.8 mi |
E 2715 W Avenue J12 Sold 4 bd · 2 ba · 2,230 sqft · $246 · 0.6 mi | $549,000 | 4 | 2 | 2,230 | $246 | 0.6 mi |
F 44042 27th St. W. Sold 3 bd · 2 ba · 2,048 sqft · $256 · 0.8 mi | $525,000 | 3 | 2 | 2,048 | $256 | 0.8 mi |
G 44034 Halcom Sold 4 bd · 2 ba · 2,099 sqft · $262 · 0.7 mi | $550,000 | 4 | 2 | 2,099 | $262 | 0.7 mi |
H 2827 Perfect Sold 3 bd · 2 ba · 1,881 sqft · $260 · 0.9 mi | $490,000 | 3 | 2 | 1,881 | $260 | 0.9 mi |
I 2130 Spice Street Active 4 bd · 3 ba · 2,631 sqft · $205 · 0.1 mi | $540,000 List Price | 4 | 3 | 2,631 | $205 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1969, the home is well-maintained but dated. While it features some updates like laminate flooring and solar panels, the bathrooms show original-style oak cabinetry and dated fixtures. Popcorn ceilings are present throughout, and the overall aesthetic reflects a renovation age of over 20 years, requiring cosmetic modernization.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 2304.
- Outdoor Entertainment Oasis
The property features a comprehensive backyard setup including an 8-foot deep pool, a spa, and a gazebo, further enhanced by recent concrete work and improved drainage.
- Spacious Family Layout
With 4 bedrooms, 3 bathrooms, and 2,304 square feet of living space, this home offers a generous floor plan situated on a substantial lot of nearly 10,000 square feet.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9583, other record lot size in square feet = 9515.
- Solar Lease Assumption
The requirement for the buyer to assume a solar system payment of $250 per month adds a significant fixed monthly expense to the cost of homeownership.
- Dated Infrastructure
Built in 1969, the property may require updates to major systems or cosmetic modernizations to compete with newer residential offerings in the Lancaster area.
About 2068 Spice Street
Please send complete offers to shadricksean21@gmail.com with Pre-Approval letter, POF, DU Approval and BRBC. Buyer to assume solar system at $250/mo. Oven, refrigerator, backyard gazebo and spa will stay. Pool is 8-feet deep. New concrete work with drainage on the west side of the backyard by the spa.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1969
- Lot Size
- 9,583.2 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lancaster Unified Schools
Sunnydale Elementary School
Grades K-6 • 1.0 mi
3/10
West Wind Elementary School
Grades K-5 • 1.6 mi
3/10
Monte Vista Elementary School
Grades K-5 • 1.9 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.7 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,304 | 1,778.498 |
| Lot Size | 9,583.2 | 7,636.35 |
| Price | $535.0K | $473.8K |
| Price per sq ft | $232 | $271 |
| Built year | 1969 | 1989 |
| HOA | $0 | $203 |
| Days on market | 16 | 64 |
Pricing History
Listed for Sale
Oct 8, 2026
$535,000
Initial Listing
Sold
Jun 1, 2015
$240,000
Public Record
Sold
Oct 24, 2012
$163,000
Public Record
Sold
Apr 1, 2011
$135,000
Public Record
Sold
Dec 10, 2004
$375,000
Public Record
Sold
Aug 1, 2002
$46,000
Public Record