
Lancaster, California 93535
This property presents a High-Potential Investment Opportunity with a List Price of $499,000—positioned well below the $519,510 Fair Market Value by 3%. This valuation gap offers $20,510 in Instant Equity for buyers. Featuring a Fair Condition Rating (4/10), the home requires cosmetic updates but offers a versatile 2,120 sqft layout ideal for a Home Health Care Facility. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build value through renovation in an established Lancaster neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 44047 Rodin Subject | $499,000* List Price | 4 | 2 | 2,120 | $245 | - |
A 44019 Glen Raven Road Sold | $450,000 | 4 | 2 | 1,707 | $264 | 0.3 mi |
B 44125 Rodin Sold | $442,500 | 4 | 2 | 1,700 | $260 | 0.1 mi |
C 44057 7th Street Sold | $435,000 | 3 | 3 | 2,176 | $200 | 0.1 mi |
D 44283 Raysack Avenue Sold | $385,000 | 4 | 2 | 1,282 | $300 | 0.4 mi |
E 44504 Watford Avenue Sold | $370,000 | 3 | 2 | 1,390 | $266 | 0.5 mi |
F 43646 Rembrandt Street Sold | $500,000 | 4 | 2 | 2,076 | $241 | 0.8 mi |
G 44047 Rodin Avenue Active | $499,000 List Price | 4 | 2 | 2,120 | $235 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977 (47 years old), the property is dated and retains many original features such as popcorn ceilings, dark wood beams, and older cabinetry. While the home is functional and currently utilized as a care facility, it requires significant cosmetic updates and minor repairs, including addressing visible cracking in the driveway, to meet modern residential standards.
The property is specifically noted for its potential as a Home Health Care Facility or investment use, offering unique commercial versatility for a residential listing.
With 2,120 square feet of living space and four bedrooms, the home provides a generous footprint that is ideal for large families or multi-functional living.
Situated in a established Lancaster neighborhood, the property offers a stable environment well-suited for long-term residential growth.
The property features no significant views, which may be a disadvantage for buyers seeking aesthetic surroundings or natural vistas.
Built in 1977, the home may require updates to its original systems and cosmetic finishes to meet modern energy efficiency and design standards.
Excellent 4 bedroom home with 2 full bathrooms situated in a nice neighborhood. Perfect for growing family to live in or for investment or business use. Great business opportunity for Home Health Care Facility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,120 | 1,625 | 76% |
| Lot Size | 6,199 | 7,071 | 15% |
| Price | $499.0K | $440.0K | 77% |
| Price per sq ft | $235 | $264 | 32% |
| Built year | 1977 | 1987 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 173 | 0% |
May 25, 2026
$499,000
Initial Listing
Aug 12, 1996
$95,000
Public Record