2701 Audrey Avenue, Lake Isabella, CA 93240, Lake Isabella, 93240 - 2 bed, 2 bath
Loading property details...
Lake Isabella, CA 93240
This Value-Add Residential Asset is listed at $194,900, offering a spacious 1,742-square-foot layout with significant potential for forced appreciation. Currently holding a Condition Rating of 5 due to deferred maintenance and original 1973 finishes, the property features desirable Scenic Mountain Views and a high-utilization 7,841 sq ft lot. Positioned as an ideal candidate for 203(k) financing, the home provides a blank canvas for modernization and customization in a scenic location. This project represents a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to build equity through a comprehensive renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2701 Audrey Avenue Subject | $194,900* List Price | 2 | 2 | 1,742 | $54 | - |
A 2832 Audrey Ave Sold | $165,000 | 2 | 2 | 1,172 | $141 | 0.2 mi |
B 2501 Audrey Avenue Active | $199,900 List Price | 2 | 2 | 1,742 | $115 | - |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in largely original 1973 condition and shows significant signs of deferred maintenance. The kitchen is severely outdated with worn cabinetry, old appliances, and damaged vinyl flooring. Interior spaces feature heavily worn green carpeting and dated wallpaper borders. The listing's recommendation for a 203(k) renovation loan confirms that the home requires substantial rehabilitation and modernization of all major systems and finishes.
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.
At 1,742 square feet for a two-bedroom configuration, this home offers an exceptionally spacious layout with oversized rooms and ample area for indoor entertaining.
The property features desirable mountain views, providing a picturesque backdrop that enhances the aesthetic appeal and tranquility of the residence.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1742, other record living area = 1172.
The 1973 construction and explicit mention of renovation needs suggest that the property likely requires immediate capital investment for repairs and cosmetic upgrades.
Despite the large square footage, the two-bedroom layout may restrict the property's appeal to larger families or buyers requiring more private living quarters.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 43% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,742 | 1,500 | 71% |
| Lot Size | 7,841 | 7,841 | 50% |
| Price | $194.9K | $265.0K | 43% |
| Price per sq ft | $112 | $171 | 14% |
| Built year | 1973 | 1978 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 169 | 14% |
Apr 18, 2026
$194,900
$199,900
-3% Price Drop
Initial Listing
Mar 10, 2026
$199,900
Initial Listing
Jul 23, 2002
$85,000
Public Record