40604 154th E, Lancaster, California 93535, Lancaster, 93535 - 3 bed, 2 bath
40604 154th E
Lancaster, California 93535
Property Price
SUMMARY
Analysis of 40604 154th E, Lancaster, California 93535 reveals a Fairly Priced Property with a current list price of $375,000 aligned with the estimated $381,593 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Lancaster Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40604 154th E Subject | $375,000* List Price | 3 | 2 | 1,192 | $320 | - |
A 15845 Mossdale Sold | $380,000 | 3 | 2 | 1,259 | $302 | 0.8 mi |
B 15805 Newmont Avenue Sold | $395,000 | 4 | 2 | 1,300 | $304 | 0.4 mi |
C 40964 156th E Sold | $365,000 | 3 | 2 | 1,134 | $322 | 0.5 mi |
D 15854 Mossdale Avenue Sold | $417,000 | 3 | 2 | 1,524 | $274 | 0.8 mi |
E 16117 Sweetaire Avenue Sold | $364,000 | 3 | 2 | 1,384 | $263 | 0.7 mi |
F 41331 156th E Active | $415,000 List Price | 3 | 2 | 1,200 | $346 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant recent capital improvements, including brand new central AC, new energy-efficient windows, and fresh interior and exterior paint. While originally built in 1985, these updates to major systems and the overall refreshed aesthetic indicate well-maintained condition with no immediate renovation required.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 42252, living area = 1192.
- Recent Capital Improvements
The property features significant high-value upgrades including brand new central AC, new energy-efficient windows, and fresh interior and exterior paint, ensuring lower immediate maintenance costs for the buyer.
- Expansive Lot Size
Sitting on nearly an acre of fully fenced land, this property offers exceptional outdoor space and privacy, providing ample room for future projects, ADUs, or workshop additions.
CONSRISKS & DEFICIENCIES
- Remote Location
Situated on the far eastern outskirts of Lancaster, the property may result in longer commute times and limited immediate proximity to major retail hubs and city services.
- Compact Living Area
At 1,192 square feet for a three-bedroom home, the interior living spaces and individual bedrooms may feel somewhat small or constrained for larger families.
About 40604 154th E
This charming home features 3 spacious bedrooms and 2 bathrooms, perfect for comfortable living. The inviting living room includes a cozy fireplace, ideal for relaxing and entertaining. The kitchen flows into a dining area, perfect for family meals. Home features brand new central AC, Fresh paint inside and out, as well as new windows. Sitting on just under an acre lot, the property offers a large fully fenced backyard--ideal for outdoor activities or future projects. An attached 2-car garage provides added convenience. Located in a peaceful neighborhood with easy access to local amenities and major roads, this home offers both comfort and potential. Don't miss out!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 42,252 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 41% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,192 | 1,630 | 11% |
| Lot Size | 42,252 | 7,081.5 | 95% |
| Price | $375.0K | $440.0K | 15% |
| Price per sq ft | $315 | $266 | 79% |
| Built year | 1985 | 1988 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 178 | 1% |
Pricing History
Listed for Sale
Mar 4, 2026
$375,000
Initial Listing
Sold
May 29, 2014
$78,000
Public Record
Sold
Feb 8, 2010
$55,000
Public Record
Sold
Aug 8, 2005
$184,000
Public Record
Sold
Mar 25, 2003
$89,000
Public Record