
Lancaster, California 93535
This Spacious Single-Family Residence is a High-Potential Investment Opportunity listed at $385,000—positioned well below the $386,444 Fair Market Value by 0.4%. This valuation provides $1,444 in Instant Equity. With a Condition Rating of 4, the home is functional yet offers significant room for cosmetic updates to drive appreciation. Notable features include owned solar panels and a large 6,679 sqft lot in East Lancaster. Located within the Lancaster High School District, it is a strategic choice for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 415 E Avenue J13 Subject | $385,000* List Price | 4 | 2 | 1,230 | $298 | - |
A 44283 Raysack Avenue Sold | $385,000 | 4 | 2 | 1,282 | $300 | 0.7 mi |
B 355 Woodlark Street Sold | $415,000 | 4 | 2 | 1,230 | $337 | 0.1 mi |
C 43865 Gingham Sold | $402,000 | 3 | 2 | 1,234 | $326 | 0.1 mi |
D 44256 Gingham Sold | $389,900 | 4 | 2 | 1,282 | $304 | 0.6 mi |
E 321 E Avenue J8 Sold | $350,000 | 4 | 2 | 1,496 | $234 | 0.3 mi |
F 44022 Stanridge Avenue Active | $389,900 List Price | 4 | 2 | 1,165 | $335 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, this property is functional and maintained but shows clear signs of being outdated. The listing description emphasizes 'potential' and 'room to personalize,' which typically indicates older interior finishes. While the addition of solar panels is a significant modern system upgrade, the kitchen and bathrooms lack mention of recent renovations, suggesting they are aged. It meets the 'fair' criteria as a home that is livable but requires cosmetic updates to meet modern standards.
Space, Comfort & Value in East Lancaster! Welcome to this wonderful opportunity to own a spacious single-family home offering comfort, functionality, and great potential in a convenient East Lancaster location. Whether you’re a first-time buyer, growing household, or investor, this home delivers the space and versatility today’s buyers are looking for. Step inside to an inviting layout with generous living areas designed for both everyday living and entertaining. Large windows allow natural light to flow throughout the home, creating a bright and welcoming atmosphere. The kitchen offers ample cabinet and counter space and opens nicely to the dining area, making it easy to host family gatherings or casual meals. The bedrooms are well-sized and thoughtfully arranged, providing comfortable retreats with flexibility for guest rooms, a home office, or creative space. Other property benefits include solar panels, owners go months without paying an electric bills saving money year round. Outside, the expansive yard offers endless possibilities—perfect for entertaining, gardening, adding outdoor amenities, or simply enjoying open space under the desert sky. Conveniently located near schools, parks, shopping, and commuter routes, this home combines suburban comfort with everyday accessibility. With plenty of room to personalize and add value, this is an excellent opportunity to create your ideal home or secure a smart long-term investment. Don’t miss your chance to own a home with space, potential, and location!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,230 | 1,605 | 15% |
| Lot Size | 6,679 | 7,084 | 32% |
| Price | $385.0K | $440.0K | 19% |
| Price per sq ft | $313 | $266 | 78% |
| Built year | 1972 | 1988 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 96 | 181 | 17% |
Jan 16, 2026
$385,000
Initial Listing