43236 W 20th Street W, Lancaster, California 93534, Lancaster, 93534 - 3 bed, 2 bath
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Lancaster, California 93534
This Versatile Single-Family Residence represents a Strong Value Opportunity listed at $480,000, aligning perfectly with its $480,000 Fair Market Value. The property’s primary asset is the massive 19,644 sqft lot, offering exceptional ADU potential and RV access alongside a private pool. Currently holding a Condition Rating of 4, the interior features vintage finishes and multiple bonus rooms, providing a clear path for forced appreciation through modernization. This is a strategic acquisition for Owner-Occupants or Buy-and-Hold Investors seeking long-term utility and equity growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43236 W 20th Street W Subject | $480,000* List Price | 3 | 2 | 1,256 | $382 | - |
A 43343 17th Street W Sold | $405,000 | 3 | 2 | 1,040 | $389 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1966, this property is in livable condition but shows clear signs of being outdated. While there are some partial updates like newer laminate flooring in the bedrooms, the home retains many vintage features including popcorn ceilings, dated bathroom vanities/fixtures, and older patterned tile flooring in the main living areas. The property appears well-maintained through regular upkeep but requires cosmetic modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19644, living area = 1256.
The massive 19,644 sqft gated lot provides exceptional privacy and ample space for a potential Accessory Dwelling Unit (ADU), offering a significant value-add opportunity for investors or multi-generational families.
In addition to the three bedrooms, the home features multiple bonus rooms that can serve as home offices, guest quarters, or flex spaces, providing functional flexibility rarely found in this price bracket.
Built in 1966, the property may require capital improvements or modern updates to its core systems and cosmetic finishes to meet contemporary standards.
With only 1,256 square feet of living space, the interior may feel somewhat crowded when distributed across three bedrooms plus the additional bonus rooms.
Property Highlights: 3 bedrooms + 2 bathrooms Bonus room perfect for an office, guest room, or flex space Bright open living area with a cozy fireplace Large gated lot offering plenty of privacy Sparkling pool--great for relaxing or entertaining RV access Fantastic location near the college, parks, schools, shopping & freeways*2 extra bonus rooms * The backyard is big enough for an ADU--must see in person to appreciate its full size*.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,256 | 1,363 | 35% |
| Lot Size | 19,644 | 7,003 | 96% |
| Price | $480.0K | $400.0K | 83% |
| Price per sq ft | $382 | $297 | 94% |
| Built year | 1966 | 1956 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 194 | 166 | 58% |
Oct 10, 2025
$480,000
Initial Listing