40906 159th E, Lake Los Angeles, California 93535, Lake Los Angeles, 93535 - 3 bed, 2 bath
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40906 159th E
Lake Los Angeles, California 93535
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,540Sq Ft
45,510Lot Size
Property Price
LIST PRICE$424,777
EST. MARKET VALUE
$443,016
4% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence represents a High-Potential Investment Opportunity, listed at $424,777—positioned well below the $443,017 Fair Market Value by 4%. This valuation gap offers $18,240 in Instant Equity. Featuring a Mint Condition Rating with a comprehensive remodel, including a new kitchen, quartz countertops, and a new septic system, the property is move-in ready. With a massive 45,510 sqft lot and desert views, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a modern, low-maintenance home.
Estimated Market Value
$443,016+$18,239 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Lake Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40906 159th E Subject | $424,777* List Price | 3 | 2 | 1,540 | $288 | - |
A 40635 159th E Sold | $410,000 | 4 | 2 | 1,400 | $293 | 0.3 mi |
B 40912 E 168th E Sold | $423,000 | 4 | 2 | 1,300 | $325 | 0.9 mi |
C 15235 Newmont Sold | $409,000 | 4 | 2 | 1,490 | $274 | 0.6 mi |
D 40904 168th E Active | $449,500 List Price | 4 | 3 | 1,754 | $256 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1987, the property has undergone a comprehensive renovation within the last year. Key updates include a brand-new kitchen with quartz countertops and new appliances, fully remodeled bathrooms, new flooring, fresh interior/exterior paint, and a completely new septic system, meeting the criteria for mint condition with no immediate maintenance needed.
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 = 45510, living area = 1540.
- Comprehensive Remodel
The home is move-in ready with extensive modern upgrades, including a new kitchen with quartz countertops, remodeled bathrooms, new flooring, and fresh interior/exterior paint.
- Expansive Lot
Situated on a massive 45,510 sqft lot (over one acre), the property offers significant space for outdoor activities, storage, or potential ADU development.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2026-05-29. The sold price is $265,000.00.
- Remote Location
Located in Lake Los Angeles, the property is situated in a rural desert area, which may result in long commute times to major employment hubs and urban amenities.
- 1980s Construction
While the home features modern cosmetic updates, the 1987 build date suggests that original structural components or systems not mentioned as new may require future attention.
About 40906 159th E
Welcome to this beautifully remodeled and truly unique home in Lake Los Angeles, where modern upgrades ready to move in! Freshly painted inside and out, this home showcases stylish updates throughout, including new flooring, beautifully remodeled bathrooms with new fixtures and mirrors, and a stunning updated kitchen featuring new cabinets, elegant quartz countertops, and brand-new appliances. Adding a special touch of character, the home also features a The Great Majestic antique stove, creating a one-of-a-kind focal point you won't want to miss. For added peace of mind, the property also includes a completely new septic system. With its fresh, modern finishes, unique charm, and thoughtful improvements, this home is ready for its next owner to move in and make it their own!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 45,510 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 |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,540 | 1,259 |
| Lot Size | 45,510 | 26,684 |
| Price | $424.8K | $368.8K |
| Price per sq ft | $276 | $288 |
| Built year | 1987 | 1982 |
| HOA | $0 | $0 |
| Days on market | 12 | 69 |
Pricing History
Listed for Sale
Aug 28, 2026
$424,777
Initial Listing
Sold
May 29, 2026
$265,000
Public Record
Sold
Jan 20, 1999
$52,500
Public Record