43008 39th W, Lancaster, California 93536, Lancaster, 93536 - 3 bed, 1 bath
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Lancaster, California 93536
This property presents a High-Potential Investment Opportunity with a List Price of $385,000—positioned well above the $344,070 Fair Market Value by 11%. While the property requires cosmetic updates, it maintains a Condition Rating of 4, supported by a sound structure and recently upgraded electrical. The generous lot size and bonus backyard structure offer significant value-add potential for creative conversion. Located near Lancaster schools, this asset is ideal for Buy-and-Hold Investors or Contractors seeking a project with solid foundational systems and versatile outdoor space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43008 39th W Subject | $385,000* List Price | 3 | 1 | 936 | $368 | - |
A 42954 Lemonwood Drive Sold | $419,000 | 3 | 2 | 1,244 | $337 | 0.9 mi |
B 3651 W Avenue K15 Pending | $365,000 List Price | 3 | 1 | 936 | $390 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970, the property is dated and requires cosmetic updates like paint and carpet. While the kitchen features newer stainless steel appliances, the cabinetry and counters are older. The score is bolstered by a recently upgraded electrical panel and a structure reported to be in good condition.
The property features recently updated electrical systems and a sound structure with no known issues to the roof or plumbing, reducing immediate capital expenditure on major systems.
The inclusion of a bonus room or structure in the backyard provides versatile extra space that can be utilized as a home office, studio, or potential ADU conversion.
With a 6,884 square foot lot featuring large front and back yards, the property offers significant outdoor space for recreation, gardening, or future expansion.
The interior needs new paint and carpeting throughout, which may deter buyers looking for a move-in-ready home and requires immediate post-closing investment.
The 3-bedroom home is serviced by only one bathroom, which may be a significant drawback for families or modern buyers who typically expect a higher bed-to-bath ratio.
This Property needs new paint and carpet. The structure is in good condition and there are no issues with the roof, plumbing or electrical. In fact, the owner, who passed away just 1 year after purchasing the house, put in new electrical. The front and back yard are large and there is a bonus room/structure in the backyard.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 41% |
| Baths | 1.0 | 3.0 | 4% |
| Square foot | 936 | 2,025.5 | 2% |
| Lot Size | 6,884 | 9,532.5 | 19% |
| Price | $385.0K | $540.0K | 5% |
| Price per sq ft | $411 | $268 | 96% |
| Built year | 1970 | 1991 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 150 | 1% |
May 20, 2026
$385,000
Initial Listing
Jan 2, 2024
$370,000
Public Record
Jan 26, 2017
$165,000
Public Record
Oct 10, 2002
$92,000
Public Record
Oct 1, 1999
$70,000
Public Record
Jul 23, 1999
$39,000
Public Record