3153 E Avenue H4, Lancaster, California 93535, Lancaster, 93535 - 4 bed, 2 bath
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Lancaster, California 93535
This property presents a High-Potential Investment Opportunity with a List Price of $549,900—positioned well below the $491,349 Fair Market Value by -11%. While the home carries a Fair Condition Rating (5/10), the expansive 1-Acre Lot and Large Workshop provide significant utility for value-add renovations. The property offers a versatile ranch-style layout, making it a strategic asset for those looking to capitalize on land utilization. This is a high-reward acquisition ideal for Buy-and-Hold Investors or Contractors seeking a project with substantial expansion potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3153 E Avenue H4 Subject | $535,000* List Price | 4 | 2 | 1,606 | $303 | - |
A 3338 E Avenue H4 Sold | $579,000 | 3 | 2 | 1,732 | $334 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1983 (43 years old) with no mention of recent renovations or upgrades to major systems. Marketed as an 'investment opportunity,' which typically indicates the interior, kitchen, and baths require significant rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 48001, living area = 1606.
Situated on over an acre of land (48,001 sqft), this property is ideal for equestrian enthusiasts and offers significant privacy and space for outdoor expansion.
The inclusion of an expansive workshop and ample room for RV or vehicle storage provides exceptional utility for hobbyists, contractors, or those with large equipment needs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Marketed as an investment opportunity and built in 1983, the home likely requires cosmetic or structural updates to reach its full market potential.
A significant price reduction of over $40,000 shortly after listing suggests the property may have been initially overpriced for the current market conditions.
Great Investment Opportunity to own your very own ranch style home. Horse property on over 1 Acre. Home features 4 bedrooms and 2 baths with a large family room and an expansive workshop. Lots of room to expand or to store all your vehicles or RV. Call for more info.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,606 | 1,880 |
| Lot Size | 48,001 | 7,703 |
| Price | $535.0K | $474.8K |
| Price per sq ft | $333 | $271 |
| Built year | 1983 | 1990 |
| HOA | $0 | $140 |
| Days on market | 44 | 62 |
Jun 30, 2026
$535,000
$549,900
-3% Price Drop
Initial Listing
Jun 27, 2026
$549,900
$590,000
-7% Price Drop
Initial Listing
Jun 8, 2026
$590,000
Initial Listing
Feb 10, 2022
$530,000
Public Record
Apr 25, 2019
$335,000
Public Record
Apr 12, 2002
$147,500
Public Record
Sep 9, 1993
$119,500
Public Record