4015 W Avenue L2, Lancaster, California 93536, Lancaster, 93536 - 4 bed, 3 bath
ACTIVE$654,900
4015 W Avenue L2, Lancaster, California 93536
4Beds
3Baths
2,501Sqft
20,368Lot
Price Vs. Estimate
The estimated value ($654,900) is $0 (0%) lower than the list price ($654,900). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20368, living area = 2501.
Top Cons:
Significant Price Reductions: The property has undergone multiple price reductions from its original list price, which could indicate initial overpricing or challenges in attracting buyer interest at previous price points.
Compared to the nearby listings
Price:$654.9K vs avg $555.0K (+$99,900)86%
Size:2,501 sqft vs avg 2,131 sqft71%
Price/sqft:$262 vs avg $26646%
More Insights
Built in 1979 (46 years old).
Condition: This property, including both the main house and the detached ADU, has undergone extensive and modern renovations. The kitchens and bathrooms feature new white shaker cabinetry, marble-look countertops, updated fixtures, and stainless steel appliances, all reflecting current design trends. New luxury vinyl plank (LVP) flooring is present in main living areas and the ADU, contributing to a fresh, move-in ready aesthetic. While the original build year is 1979, the 'beautifully remodeled' description is strongly supported by the visual evidence, indicating recent, high-quality updates to key components that meet current quality standards.
Year Built
1979
Close
-
List price
$655K
Original List price
$690K
Price/Sqft
$262
HOA
-
Days on market
-
Sold On
-
MLS number
V1-31899
Home ConditionExcellent
Features
Deck
View-
About this home
TWO HOMES ON ONE HUGE 1/2 ACRE LOT. A rare opportunity to buy a home with a detached ADU (Guest Quarters) that can pay you income monthly. This beautifully remodeled property is in the desirable Quartz Hill community west of Lancaster. The front house is a spacious, remodeled 3+2 single family property with about 1,748 square feet. The stand-alone two-story ADU at the rear of the property has also been remodeled and has about 753 square feet. It is a studio with a, kitchen and bonus room that could be used as a bedroom or a home office. The living quarters is on top of a full sized two car garage. For real privacy, a private driveway goes directly from the street to the rear of the property and the ADU. Together the front and back homes offer about 2,501 square feet of space. This is a must-see to believe property.
Condition Rating
Excellent
This property, including both the main house and the detached ADU, has undergone extensive and modern renovations. The kitchens and bathrooms feature new white shaker cabinetry, marble-look countertops, updated fixtures, and stainless steel appliances, all reflecting current design trends. New luxury vinyl plank (LVP) flooring is present in main living areas and the ADU, contributing to a fresh, move-in ready aesthetic. While the original build year is 1979, the 'beautifully remodeled' description is strongly supported by the visual evidence, indicating recent, high-quality updates to key components that meet current quality standards.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20368, living area = 2501.
Income-Generating ADU: The property features a detached, remodeled ADU with its own private driveway, offering significant income potential through rental or flexible multi-generational living arrangements.
Spacious Lot Size: Situated on a huge 1/2 acre lot, the property provides ample outdoor space, enhanced privacy, and potential for further landscaping or recreational use.
Extensive Remodeling: Both the main house and the ADU have been beautifully remodeled, suggesting move-in readiness and updated aesthetics throughout the living spaces.
Desirable Community Location: Located in the desirable Quartz Hill community, which typically offers a good quality of life and can contribute to property value and appeal.
Dual Living Structures: The presence of two distinct living structures (main house and ADU) totaling 2,501 square feet offers exceptional flexibility for various family needs or rental strategies.
Cons
Significant Price Reductions: The property has undergone multiple price reductions from its original list price, which could indicate initial overpricing or challenges in attracting buyer interest at previous price points.
Age of Original Construction: Built in 1979, the underlying age of the property, despite remodels, might raise concerns about the condition or efficiency of non-cosmetic systems (e.g., plumbing, electrical, HVAC) if not explicitly updated.
General Remodel Details: While described as 'remodeled,' the listing lacks specific details on the extent or quality of upgrades (e.g., new roof, specific high-end materials, energy efficiency), which could leave potential buyers with unanswered questions.