
Lancaster, California 93534
This Somerset Townhouse represents a Strong Value Opportunity, listed at a List Price of $300,000—positioned well below the $290,780 Fair Market Value by -3%. While the property is priced slightly above market, its 1,406 sq. ft. layout and updated flooring provide a solid foundation. With a Condition Rating of 4, the home offers significant potential for cosmetic modernization in the kitchen and baths. This central Lancaster asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a functional, well-located residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42913 15th W Subject | $300,000* List Price | 2 | 3 | 1,406 | $207 | - |
A 1537 W Avenue L 4 Active | $324,990 List Price | 2 | 3 | 1,444 | $225 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this townhouse is over 50 years old but features updated flooring, meaning it is not a tear-down. However, there is no mention of recent kitchen or bathroom renovations, suggesting these areas are likely dated and will require minor updates or modernization.
Situated in the desirable Somerset community, this townhouse offers a convenient central location in Lancaster, providing easy access to local amenities and services.
The home features updated flooring throughout and a generous 1,406 sq. ft. layout, including two large bedrooms and a functional family room with a fireplace.
The property includes a direct-entry two-car carport and a full-size laundry room, offering practical convenience and ease of access for residents.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =200510, other record lot size in square feet = 200449.
The association fee of $388 per month adds a significant recurring expense to the cost of ownership, which may impact overall buyer affordability.
Built in 1974, the property may require ongoing maintenance or further modernization of major systems beyond the cosmetic flooring updates mentioned.
Desirable Somerset townhouse. Great central location. Updated flooring. Two large bedrooms, 2 1/2 bathrooms. Eat in kitchen. Full size laundry room. Family room with a fireplace. Formal dining room.. Good sized patio area. Direct entry from two car carport.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,406 | - |
| Lot Size | 200,510 | - |
| Price | $300.0K | $225.0K |
| Price per sq ft | $213 | $172 |
| Built year | 1974 | 0 |
| HOA | $388.0 | $0 |
| Days on market | 3 | 165 |
Sep 6, 2026
$300,000
Initial Listing