
Lancaster, California 93535
This Value-Add Single-Family Residence is a Prime Investment Opportunity, listed at $399,999—positioned well below the $419,999 Fair Market Value by 4%. This valuation gap offers $20,000 in Instant Equity. While currently in Fair Condition requiring some TLC, the home boasts a Renovated Quartz Kitchen, soaring ceilings, and scenic Mountain Views. With a Built-in Fire Pit and eligibility for $30,000 in grant funds within the Lancaster School District, this property balances financial upside with lifestyle perks. It is a strategic acquisition for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2611 Via Romana Subject | $415,000* List Price | 3 | 3 | 1,563 | $262 | - |
A 3035 E Nugent Street Sold | $399,000 | 3 | 2 | 1,537 | $260 | 0.5 mi |
B 2644 Mora Court Sold | $425,000 | 4 | 3 | 1,722 | $247 | 0.8 mi |
C 43941 Maria Sold | $395,000 | 3 | 2 | 1,357 | $291 | 0.7 mi |
D 2601 Via Madalena Sold | $455,000 | 4 | 3 | 1,917 | $237 | 0.1 mi |
E 43653 Serenity Court Sold | $398,000 | 3 | 2 | 1,357 | $293 | 1.0 mi |
F 3124 E Newgrove Pending | $449,000 List Price | 3 | 2 | 1,537 | $292 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1989, features a recently renovated kitchen with modern cabinets and quartz countertops, along with new LVP flooring and fresh paint throughout. However, the listing explicitly states it 'will require the right amount of TLC.' This is reflected in dated kitchen lighting (fluorescent panel), basic shower/tub areas in the bathrooms (despite an updated master vanity), older laundry appliances, unfinished garage walls, and landscaping that needs attention. While many areas are updated and functional, the inconsistency in renovations and the need for minor repairs/finishing touches place it in 'Fair' condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7056, living area = 1563.
The heart of the home features a recently renovated kitchen with sleek quartz countertops, ample cabinetry, and an open layout, ideal for modern living and entertaining.
Abundant windows and soaring high ceilings flood the home with natural sunlight, creating a bright and spacious atmosphere, complemented by a cozy fireplace.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7056, other record lot size in square feet = 7310.
The property explicitly states it 'is not perfect and will require the right amount of TLC,' indicating potential for immediate repairs or updates.
The need for 'TLC' and the opportunity to 'add your personal touch' suggest that buyers should anticipate additional investment beyond the purchase price for improvements.
Welcome to this opportunity-filled property offering space, natural light, and strong upside potential. This is a short sale subject to lender and HUD approval. Lender appraisal has been completed, and lender has indicated a required purchase price of $415,000. Property requires TLC and cosmetic updates, making it ideal for a buyer ready to add value and make it their own. The home features a recently renovated kitchen with quartz countertops, ample cabinetry, and an open layout connecting the main living areas. Abundant windows and high ceilings create a bright, airy feel throughout. The living room includes a fireplace, and the spacious backyard with a built-in fire pit offers room to relax, entertain, or reimagine the outdoor space. Buyer to assume solar responsibility. Buyer to verify all property condition, solar terms, short sale approval requirements, and closing costs. Property is sold as-is.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 46% |
| Baths | 3.0 | 2.0 | 64% |
| Square foot | 1,563 | 1,641.5 | 44% |
| Lot Size | 7,056 | 7,075.5 | 49% |
| Price | $415.0K | $445.0K | 35% |
| Price per sq ft | $266 | $264 | 50% |
| Built year | 1989 | 1988 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 139 | 169 | 32% |
Jun 12, 2026
$415,000
$375,000
+11% Price Increase
Initial Listing
Apr 10, 2026
$375,000
$399,999
-6% Price Drop
Initial Listing
Mar 6, 2026
$399,999
$419,999
-5% Price Drop
Initial Listing
Jan 30, 2026
$419,999
Initial Listing