42701 40th Street W, Lancaster, California 93536, Lancaster, 93536 - 4 bed, 2 bath
Loading property details...
Lancaster, California 93536
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $519,900—positioned well below the $533,826 Fair Market Value by 2%. This valuation gap offers $13,926 in Instant Equity. Featuring a Mint Condition Rating, the home boasts a fully remodeled kitchen, new roof, and luxury vinyl plank flooring. With a 10,015 sqft lot and RV access, it provides exceptional utility. This property is an ideal acquisition for Owner-Occupants seeking a move-in ready lifestyle or first-time buyers.
Turnkey 4-bed, 2-bath Lancaster home with modern kitchen, new roof, and RV access. Priced below market value with instant equity. Perfect move-in ready property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42701 40th Street W Subject | $519,900* List Price | 4 | 2 | 1,672 | $319 | - |
A 4528 W Avenue L4 Sold | $550,000 | 3 | 2 | 1,902 | $289 | 0.6 mi |
B 43022 Sachs Sold | $550,000 | 3 | 2 | 1,733 | $317 | 0.9 mi |
C 43323 Honeybee Lane Sold | $516,000 | 4 | 2 | 1,764 | $293 | 1.0 mi |
D 3521 W Avenue K13 Sold | $430,000 | 4 | 2 | 1,178 | $365 | 0.6 mi |
E 4722 W Avenue L8 Sold | $529,000 | 3 | 2 | 2,020 | $262 | 0.8 mi |
F 3143 Darkwood Sold | $450,000 | 3 | 2 | 1,461 | $308 | 1.0 mi |
G 42865 Normandy Active | $485,000 List Price | 3 | 2 | 1,760 | $276 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive renovation within the last 5 years, featuring a brand-new roof, a fully remodeled kitchen with quartz countertops and stainless appliances, new luxury vinyl plank flooring, and updated central HVAC systems, meeting the criteria for mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10015, living area = 1672.
The property features a new roof, fresh interior and exterior paint, luxury vinyl plank flooring, and central air conditioning, ensuring a turnkey experience with significant capital improvements already completed.
The kitchen has been fully transformed with quartz countertops, soft-close cabinetry, and brand-new stainless steel appliances, creating a modern and functional centerpiece for the home.
Despite the extensive cosmetic and surface-level updates, the 1975 construction year suggests that some original underlying systems may eventually require maintenance compared to newer builds.
The listing price reflects a substantial increase from its 2019 sale price of $275,000, which may place the property at the higher end of the local market and impact appraisal sensitivity.
Extensively updated and move-in ready, this beautifully refreshed 4-bedroom, 2-bathroom home offers the perfect blend of modern style and everyday comfort. Numerous improvements throughout provide peace of mind and make this home truly stand out. Fresh interior and exterior paint, new roof, new luxury vinyl plank flooring, updated light fixtures throughout, and central air conditioning create a bright, inviting atmosphere from the moment you step inside. The welcoming formal living room features a charming used brick fireplace, offering a warm focal point for relaxing or entertaining. The stunning, fully remodeled kitchen is sure to impress with elegant quartz countertops, soft-close cabinetry and drawers, brand-new stainless steel appliances, abundant workspace, and a convenient breakfast bar. Ideally positioned to overlook the spacious family room, the open layout is perfect for everyday living and gathering with family and friends. Both bathrooms have been tastefully refreshed with updated finishes, enhancing the home's clean, modern appeal. The finished garage adds exceptional versatility with drywall, freshly painted walls, epoxy flooring, and additional electrical outlets, making it ideal for a workshop, home gym, or extra storage. Step outside to enjoy the covered patio, an inviting space for outdoor dining or relaxing year-round. RV access provides added convenience for your recreational vehicles, trailers, or toys. Ideally situated near schools, parks, shopping, dining, and commuter routes, this thoughtfully updated home offers the perfect combination of style, functionality, and an excellent location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,672 | 1,880 |
| Lot Size | 10,015 | 7,703 |
| Price | $519.9K | $474.8K |
| Price per sq ft | $311 | $271 |
| Built year | 1975 | 1990 |
| HOA | $0 | $140 |
| Days on market | 5 | 62 |
Jul 17, 2026
$519,900
Initial Listing
Jul 31, 2019
$275,000
Public Record