302 E Avenue J7, Lancaster, California 93535, Lancaster, 93535 - 5 bed, 2 bath
ACTIVE$429,900
302 E Avenue J7, Lancaster, California 93535
5Beds
2Baths
1,836Sqft
6,162Lot
Price Vs. Estimate
The estimated value ($410,557.505) is $19,342.495 (4%) lower than the list price ($429,900). This property may be overpriced.
Key pros and cons
Top Pros:
Significant Upgrades: The property features recent upgrades including granite countertops, tile flooring throughout, a new electrical panel, and a new roof on the rear portion, which reduces immediate capital expenditures for a buyer.
Top Cons:
Garage Conversion Impact: The conversion of the garage into a bedroom results in a lack of dedicated covered parking and storage, and may raise questions regarding permitting and the quality of the conversion.
Compared to the nearby listings
Price:$429.9K vs avg $438.0K ($-8,100)46%
Size:1,836 sqft vs avg 1,580 sqft70%
Price/sqft:$234 vs avg $26924%
More Insights
Built in 1954 (71 years old).
Condition: Built in 1954, this property is aged but has received some notable updates, including granite countertops in the kitchen, an upgraded electrical panel, and a new roof on the rear portion. The kitchen, while functional with granite, features older-style wood cabinets, mixed appliances (one older white refrigerator, one newer black refrigerator, and a somewhat dated built-in oven/microwave), and older light fixtures, indicating a renovation likely 15-30 years ago. The flooring in the kitchen appears to be wood laminate, contradicting the 'tile flooring throughout' description. The overall aesthetic, including windows and general finishes, shows signs of being outdated, though the property appears to be maintained. The bathrooms are not pictured, but based on the kitchen's condition, they are likely similarly aged or updated. The significant system upgrades (electrical panel, roof) prevent it from being 'Poor', but the dated elements and overall age keep it from reaching 'Good' condition.
Year Built
1954
Close
-
List price
$430K
Original List price
$430K
Price/Sqft
$234
HOA
-
Days on market
-
Sold On
-
MLS number
AR25132796
Home ConditionFair
Features
Patio
ViewNeighborhood
About this home
Nice Lancaster home, with granite counter tops in the kitchen and tile flooring throughout the sprawling floorplan. This home has additional square footage, as the garage was converted into a bedroom. 2 bedrooms with 1 bath located on one side of the house, with the remaining 3 bedrooms and 1 bathroom on the opposite side of the house. Upgraded new panel and new roof on rear portion of the house. The house has lots of yard space, in both the front and back of the house. Very close to shopping and transportation. Currently rented, can be sold with current tenants, who would like to stay, can also be delivered vacant. Schedule your showing today!!
Condition Rating
Fair
Built in 1954, this property is aged but has received some notable updates, including granite countertops in the kitchen, an upgraded electrical panel, and a new roof on the rear portion. The kitchen, while functional with granite, features older-style wood cabinets, mixed appliances (one older white refrigerator, one newer black refrigerator, and a somewhat dated built-in oven/microwave), and older light fixtures, indicating a renovation likely 15-30 years ago. The flooring in the kitchen appears to be wood laminate, contradicting the 'tile flooring throughout' description. The overall aesthetic, including windows and general finishes, shows signs of being outdated, though the property appears to be maintained. The bathrooms are not pictured, but based on the kitchen's condition, they are likely similarly aged or updated. The significant system upgrades (electrical panel, roof) prevent it from being 'Poor', but the dated elements and overall age keep it from reaching 'Good' condition.
Pros & Cons
Pros
Significant Upgrades: The property features recent upgrades including granite countertops, tile flooring throughout, a new electrical panel, and a new roof on the rear portion, which reduces immediate capital expenditures for a buyer.
High Bedroom Count & Flexible Layout: With 5 bedrooms and a unique split floorplan (2 beds/1 bath on one side, 3 beds/1 bath on the other), the property offers ample space and versatility for large families, multi-generational living, or potential for varied occupancy arrangements.
Investment Opportunity/Occupancy Flexibility: Currently tenant-occupied with tenants willing to stay, this property offers immediate rental income for investors. Alternatively, it can be delivered vacant, providing flexibility for owner-occupants.
Generous Outdoor Space: The presence of 'lots of yard space, in both the front and back of the house' provides valuable outdoor living area, potential for landscaping, or recreational use.
Convenient Location: Its proximity to shopping and transportation enhances daily convenience and contributes to its desirability for both residents and potential renters.
Cons
Garage Conversion Impact: The conversion of the garage into a bedroom results in a lack of dedicated covered parking and storage, and may raise questions regarding permitting and the quality of the conversion.
Age of Structure: Built in 1954, the property is an older home, which could imply potential for aging infrastructure (e.g., plumbing, original windows) and higher maintenance costs in areas not explicitly upgraded.
Limited System Details: While some upgrades are noted, the description lacks specific information on the condition or age of critical systems such as HVAC, water heater, or other major appliances, which could be a concern for an older property.