
Lancaster, California 93535
This Value-Add Residential Property is listed at $399,900, representing a stable investment at its Fair Market Value. The interior features premium Travertine Flooring, Crown Molding, and a Stone Tile Master Shower, though it currently holds a Condition Rating of 4 due to several Incomplete Renovations. These unfinished projects, paired with a Newer AC System and a Covered Patio, provide a clear opportunity for forced appreciation. Located in the East Side Union District near Joshua Elementary, this is a strategic choice for Owner-Occupants or Contractors looking to build equity through finishing touches.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 309 E Avenue J13 Subject | $339,900* List Price | 3 | 2 | 1,046 | $317 | - |
A 44221 4th Street E Sold | $440,000 | 3 | 2 | 1,170 | $376 | 0.6 mi |
B 44238 3rd Street E Sold | $287,000 | 3 | 1 | 943 | $304 | 0.6 mi |
C 44347 Stanridge Avenue Sold | $360,000 | 3 | 1 | 943 | $382 | 0.7 mi |
D 355 Woodlark Street Sold | $415,000 | 4 | 2 | 1,230 | $337 | 0.1 mi |
E 44265 Foxton Avenue Pending | $320,000 List Price | 3 | 1 | 1,088 | $294 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957, this property features some high-end cosmetic upgrades like Travertine flooring, crown molding, and a stone tile master shower. However, the listing explicitly states that not all renovation projects have been completed, and the kitchen features older appliances and a dated layout. While the AC is newer and the home is functional, it requires minor repairs and finishing to be considered move-in ready by modern standards.
The home features high-quality aesthetic upgrades including Travertine flooring, crown molding, and stone tile accents in the kitchen and master shower, providing a sophisticated feel.
The property includes a newer air conditioning system, which is a significant value-add for the Lancaster climate, ensuring immediate comfort and potential energy savings.
A gated wrought iron entry provides both security and a polished exterior look, while the covered rear patio extends the living space for outdoor entertaining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1046, other record living area = 1500.
The listing explicitly states that not all projects have been completed, implying that the buyer will need to budget for additional labor and materials to finish the home.
At just 1,046 square feet for a three-bedroom layout, the interior spaces may feel cramped, particularly for families or those requiring larger common areas.
Three Bedroom two bath home with some nice Upgrades including some Travertine Flooring, Crown Molding, White Window Casings, Wide Baseboards, Ceiling Fans but but not all projects have been completed. There is a cozy Brick Fireplace in the Living Room. The Kitchen has Stone Tile Backsplash. The Shower in the Master was redone with Stone Tile surround. The AC looks newer. And there is a Covered Patio in Back. And in the Front is a Gated Wrought Iron Entry.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 43% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,046 | 1,605 | 4% |
| Lot Size | 6,513 | 7,084 | 21% |
| Price | $339.9K | $440.0K | 9% |
| Price per sq ft | $325 | $266 | 85% |
| Built year | 1957 | 1988 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 182 | 5% |
Apr 15, 2026
$339,900
$399,900
-15% Price Drop
Initial Listing
Feb 23, 2026
$399,900
Initial Listing
Nov 7, 2016
$175,000
Public Record
Apr 9, 2013
$111,000
Public Record
Jul 27, 2011
$57,000
Public Record
Jul 2, 2004
$205,500
Public Record
Sep 1, 2000
$74,000
Public Record