302 E Avenue J7, Lancaster, California 93535, Lancaster, 93535 - 4 bed, 1 bath
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Lancaster, California 93535
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $465,000—positioned above the $419,001 Fair Market Value. While the list price exceeds the current valuation, the property features a Condition Rating of 3, highlighted by an updated kitchen and tile flooring. The Permitted Garage Conversion serves as a key asset, offering a 1-bedroom, 1-bathroom unit for rental income or multi-generational living. This versatile layout is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a functional, move-in ready home with immediate ADU utility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 302 E Avenue J7 Subject | $465,000* List Price | 4 | 1 | 1,436 | $292 | - |
A 321 E Avenue J8 Sold | $350,000 | 4 | 2 | 1,496 | $234 | 0.1 mi |
B 351 E Avenue J13 Sold | $415,000 | 4 | 2 | 1,230 | $337 | 0.3 mi |
C 44213 4th E Sold | $448,999 | 4 | 2 | 1,497 | $300 | 0.3 mi |
D 44125 Rodin Sold | $442,500 | 4 | 2 | 1,700 | $260 | 0.4 mi |
E 44325 3rd Street E Sold | $375,000 | 3 | 1 | 1,184 | $317 | 0.4 mi |
F 44256 Gingham Sold | $389,900 | 4 | 2 | 1,282 | $304 | 0.4 mi |
G 43963 Glenraven Active | $449,995 List Price | 5 | 2 | 1,586 | $284 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1954, the property has undergone a recent renovation (likely within the last 5 years based on sales history) featuring an updated kitchen and tile flooring throughout. It is move-in ready and functional with a permitted garage conversion, meeting the criteria for a well-maintained, updated older home.
The permitted garage conversion into a 1-bedroom, 1-bathroom unit provides exceptional versatility for multi-generational living or potential rental income.
The home features an updated kitchen and durable tile flooring throughout, offering a contemporary feel and reducing immediate move-in costs for buyers.
A generous 6,162 square foot lot provides ample outdoor space for entertaining, secure parking, or future property expansions.
With four bedrooms but only one primary bathroom, the home's configuration may be inconvenient for larger families or high-occupancy households.
Originally built in 1954, the property may require ongoing maintenance or updates to aging systems such as plumbing and electrical compared to newer builds.
Spacious Lancaster home offering a versatile floorplan with generous living areas and plenty of potential. Features include an updated kitchen, tile flooring throughout, and a functional layout ideal for extended living or flexible use. The property offers a large yard with ample outdoor space for entertaining, parking, or future possibilities. Conveniently located near shopping, dining, schools, and commuter routes. Great opportunity for an owner-occupant or investor. The garage is permitted and isa 1 bedroom and one bathroom.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 1.0 | 2.0 | 6% |
| Square foot | 1,436 | 1,617 | 34% |
| Lot Size | 6,162 | 7,072 | 14% |
| Price | $465.0K | $440.0K | 65% |
| Price per sq ft | $324 | $266 | 84% |
| Built year | 1954 | 1987 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 173 | 0% |
May 28, 2026
$465,000
Initial Listing
Jul 28, 2021
$372,000
Public Record
Jan 31, 2020
$222,000
Public Record