40974 156th Street E, Lake Los Angeles, California 93535, Lake Los Angeles, 93535 - 2 bed, 1 bath
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Lake Los Angeles, California 93535
This Renovated Single-Story Residence is a Strong Value Opportunity, listed at $329,000—positioned well below the $368,995 Fair Market Value by 10%. This valuation gap offers $39,995 in Instant Equity for incoming buyers. The property boasts a Condition Rating of 3, featuring a remodeled kitchen with new cabinetry, fresh interior paint, and new flooring throughout. Situated on a massive 39,346 sqft lot within the Antelope Valley Union High School District, the expansive grounds provide significant potential for ADU construction or workshop expansion. This home is ideal for Owner-Occupants seeking a turnkey lifestyle or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40974 156th Street E Subject | $315,000* List Price | 2 | 1 | 1,506 | $218 | - |
A 15235 Newmont Active | $409,000 List Price | 4 | 2 | 1,490 | $274 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready following extensive recent renovations, including new flooring, fresh interior and exterior paint, and a tastefully updated kitchen with new cabinets and countertops. Major functional components like the septic tank and garage door are brand new, and the A/C system has been recently serviced. While the home retains some older features like standard white appliances and dated fluorescent kitchen lighting, it is well-maintained with no immediate repairs required, fitting the criteria for a high-quality, updated older home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 39346, living area = 1506.
The home features a tastefully remodeled kitchen with new cabinetry and countertops, complemented by fresh interior paint and new flooring throughout, providing a move-in-ready aesthetic.
Situated on a massive 39,346 square foot lot, the property offers exceptional space for expansion, the addition of ADUs, or large-scale outdoor storage and workshops.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1506, other record living area = 888.
Despite offering over 1,500 square feet of living space, the 2-bedroom, 1-bathroom configuration may limit appeal for larger families or those requiring more utility.
Located in the quiet community of Lake Los Angeles, the property may involve longer commute times to major employment hubs and urban amenities.
Welcome to this charming single-story home located in the peaceful community of Lake Los Angeles! Offering 2 bedrooms, 1 bathroom, and 888 square feet of comfortable living space, this property is ideal for those seeking both space and functionality on a generous lot. Upon entry, you're welcomed by a bright and inviting floor plan with spacious living areas, perfect for everyday living and entertaining. The kitchen has been tastefully upgraded with brand new cabinets, new countertops, and new sinks with garbage disposal, combining style and practicality. New flooring flows throughout the home, complemented by recently refreshed interior paint, creating a clean and modern feel. The bedrooms are generously sized and versatile, ideal for family, guests, or a home office. The bathroom features all new hardware for sinks and toilets, adding comfort and convenience. Additional upgrades include a newly installed garage door and motor, recently serviced A/C system, and a brand new septic tank for peace of mind. Situated on an expansive 39,346 square foot lot, this property offers endless possibilities. Whether you're looking to entertain, expand, or add ADUs, there is plenty of space to bring your vision to life. The exterior has been beautifully maintained with recently redone stucco and paint, along with motion-detecting security lighting installed at the front of the home. Enjoy the convenience of an attached 2-car garage, along with the added bonus of two large, secure storage containers included in the sale, perfect for tools, equipment, or additional storage needs. Located in a quiet area with room to grow, this move-in ready home presents a fantastic opportunity to create your ideal lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 4% |
| Baths | 1.0 | 2.0 | 6% |
| Square foot | 1,506 | 1,619.5 | 39% |
| Lot Size | 39,346 | 7,075.5 | 92% |
| Price | $315.0K | $440.0K | 7% |
| Price per sq ft | $209 | $264 | 18% |
| Built year | 1985 | 1987 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 78 | 173 | 8% |
May 15, 2026
$315,000
$319,900
-2% Price Drop
Initial Listing
Apr 22, 2026
$319,900
$329,000
-3% Price Drop
Initial Listing
Mar 20, 2026
$329,000
Initial Listing
Feb 26, 2010
$40,000
Public Record
Nov 21, 1997
$41,000
Public Record