2701 Audrey Ave, Lake Isabella, CA 93240, Lake Isabella, 93240 - 2 bed, 2 bath
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2701 Audrey Ave
Lake Isabella, CA 93240
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,742Sq Ft
7,841Lot Size
Property Price
LIST PRICE$179,999
EST. MARKET VALUE
$191,310
5% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $184,900—positioned well below the $195,180 Fair Market Value by 5%. This valuation gap offers $10,280 in Instant Equity for buyers. Featuring a Fair Condition Rating and panoramic mountain views, the home requires significant rehabilitation, making it a prime candidate for a 203(k) loan. With a large lot and 1,742 sq ft of space, this is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a value-add project.
Estimated Market Value
$191,310+$11,311 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Lake Isabella.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2701 Audrey Ave Subject 2 bd · 2 ba · 1,742 sqft · $110 | $179,999* List Price | 2 | 2 | 1,742 | $110 | - |
A 2501 Audrey Avenue Active 2 bd · 2 ba · 1,742 sqft · $115 · 0.0 mi | $199,900 List Price | 2 | 2 | 1,742 | $115 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1973 (51 years old) with no evidence of recent renovations. The interior features highly dated finishes including shag carpeting, floral wallpaper, and popcorn ceilings. The listing's recommendation for a 203(k) loan strongly indicates that the property requires significant rehabilitation and likely has outdated systems.
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 = 7841, living area = 1742.
- Generous Living Space
With 1,742 square feet for a two-bedroom layout, the home offers exceptionally large rooms and ample space for indoor entertaining compared to standard configurations.
- Scenic Mountain Views
The property features desirable mountain views, providing a picturesque backdrop and enhancing the overall aesthetic appeal of the residence.
CONSRISKS & DEFICIENCIES
- Significant Updating Required
Built in 1973 and marketed as a renovation project, the home likely requires immediate capital investment to address aging systems and cosmetic finishes.
- Limited Bedroom Count
Despite the large square footage, the two-bedroom configuration may limit the property's appeal to larger families or those requiring dedicated home office spaces.
About 2701 Audrey Ave
Spacious home situated on a large lot offering 2 bedrooms, 2 bathrooms, and approximately 1,742 sq ft of living space. The property features generously sized bedrooms and plenty of room for entertaining both inside and out. With its spacious layout and large lot, this home offers great potential for customization and improvements. An excellent opportunity for buyers utilizing a 203(k) loan or those looking to renovate and add their personal touch.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 1.0 |
| Square foot | 1,742 | 828 |
| Lot Size | 7,841 | 8,967 |
| Price | $180.0K | $125.0K |
| Price per sq ft | $103 | $151 |
| Built year | 1973 | 1965 |
| HOA | $0 | $0 |
| Days on market | 38 | 28 |
Pricing History
Listed for Sale
Oct 5, 2026
$179,999
$184,900
-3% Price Drop
Initial Listing
Price Change
Sep 16, 2026
$184,900
Initial Listing
Sold
Jul 23, 2002
$85,000
Public Record