43001 38th W, Lancaster, California 93536, Lancaster, 93536 - 4 bed, 2 bath
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43001 38th W
Lancaster, California 93536
ACTIVE
CONDITION: POOR
4Beds
2Baths
1,178Sq Ft
7,080Lot Size
Property Price
LIST PRICE$405,000
EST. MARKET VALUE
$403,747
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $405,000—positioned well below the $375,905 Fair Market Value by -7%. Given the Fair Condition Rating and 1970 build date, the home requires significant modernization, offering a clear path for forced appreciation. The 7,080 sqft lot provides excellent potential for outdoor expansion or ADU development. Located near Lancaster High School and local transit, this asset is an ideal acquisition for Fix-and-Flip Investors or first-time buyers seeking a value-add project in West Lancaster.
Estimated Market Value
$403,747
Based on Realkey algorithm analyzing recent comparable sales in Lancaster.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43001 38th W Subject | $405,000* List Price | 4 | 2 | 1,178 | $343 | - |
A 3651 W Avenue K15 Sold | $370,000 | 3 | 1 | 936 | $395 | 0.2 mi |
B 3607 W Avenue K11 Active | $379,999 List Price | 4 | 2 | 1,248 | $304 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1970 (54 years old) with no mentioned renovations, this property exceeds the 30-year threshold for 'Poor' condition. The exterior shows neglected landscaping and an aged roof-mounted evaporative cooler. The listing's emphasis on 'absolute bargain' and 'priced low' strongly suggests the interior and systems (HVAC/Electric) require significant rehab and modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Competitive Market Value
Priced aggressively at $405,000, this property is positioned as an 'absolute bargain' for the West Lancaster area, offering a high value-to-price ratio for first-time buyers and investors.
- Prime West Lancaster Location
The home is situated in a highly desirable neighborhood near the Prime Desert Woodland Preserve and Antelope Valley College, providing excellent access to local amenities and the SR-14 freeway.
- Generous Lot Size
The 7,080 square foot lot offers a spacious backyard that provides significant potential for outdoor entertaining, gardening, or the addition of an Accessory Dwelling Unit (ADU).
CONSRISKS & DEFICIENCIES
- High-Density Interior Layout
At only 1,178 square feet for a 4-bedroom configuration, the individual room sizes and common living areas may feel cramped compared to modern residential standards.
- Dated Infrastructure
Built in 1970, the property likely requires cosmetic updates and potential system modernizations to meet the expectations of buyers looking for contemporary energy efficiency and finishes.
About 43001 38th W
Welcome to 43001 38th Street W in desirable West Lancaster! This inviting 4-bedroom, 2-bathroom home offers a functional single-story layout with comfortable living spaces, generously sized bedrooms, and a spacious backyard ready for entertaining, gardening, or creating your own outdoor retreat. Conveniently located near shopping, restaurants, parks, and local schools, this home also provides easy access to State Route 14 for commuters. Just minutes from the Prime Desert Woodland Preserve and Antelope Valley College, you'll enjoy the perfect combination of neighborhood charm and everyday convenience. Whether you're a first-time buyer, or growing family, this is an excellent opportunity to own a home in one of West Lancaster's established communities. An absolute bargain! Unbelievable price! Priced low & firm for your pre-approved buyer who wants a great value in Lancaster.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1970
- Lot Size
- 7,080 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lancaster Unified Schools
Nancy Cory Elementary School
Grades K-6 • 0.6 mi
4/10
Endeavour Middle School
Grades 6-8 • 1.2 mi
4/10
Lancaster High School
Grades 9-12 • 2.2 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.9 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,178 | 1,831.274 |
| Lot Size | 7,080 | 7,654.687 |
| Price | $405.0K | $478.1K |
| Price per sq ft | $344 | $269 |
| Built year | 1970 | 1989 |
| HOA | $0 | $203 |
| Days on market | 43 | 62 |
Pricing History
Listed for Sale
Jul 28, 2026
$405,000
Initial Listing
Sold
May 3, 1989
$86,000
Public Record