44048 Elm Ave, Lancaster, California 93534, Lancaster, 93534 - 5 bed, 3 bath
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Lancaster, California 93534
This Turnkey Dual-Living Residence is a Prime Investment Opportunity, listed at $450,000—positioned well below the $472,445 Fair Market Value by 4%. This valuation gap provides $22,445 in Instant Equity. Boasting a Fully Renovated Condition Rating, the property features a Modern Remodel, a Sparkling Pool, and a Detached Garage ADU perfect for rental income or multi-generational living. While situated in the Antelope Valley district, the home’s versatility and income potential offer significant upside. This is an ideal match for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 44048 Elm Ave Subject | $435,000* List Price | 5 | 3 | 1,529 | $294 | - |
A 1149 W Avenue H11 Sold | $510,000 | 4 | 3 | 1,489 | $343 | 0.9 mi |
B 44152 Elm Avenue Sold | $369,950 | 4 | 2 | 1,269 | $292 | 0.1 mi |
C 44140 Lightwood Sold | $469,000 | 3 | 2 | 1,600 | $293 | 0.6 mi |
D 43733 Adler Ave Sold | $395,000 | 4 | 2 | 1,363 | $290 | 0.5 mi |
E 43708 Fern Sold | $400,000 | 4 | 3 | 1,813 | $221 | 0.5 mi |
F 318 W Avenue J10 Pending | $424,800 List Price | 3 | 2 | 1,401 | $303 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1952, the property has undergone an extensive recent renovation within the last 5 years. The interior features modern updates, specifically evidenced by the bathroom's contemporary subway tiling, black designer fixtures, and new vanity. The addition of a detached ADU and the overall turnkey condition of the living spaces and pool area align with the criteria for a fully renovated, high-quality property.
The property includes a detached 1-bedroom, 1-bathroom garage ADU, providing a turnkey opportunity for rental income or a private multi-generational living suite.
The home has been beautifully updated and features a private backyard oasis with a sparkling pool, offering immediate move-in readiness and high lifestyle appeal.
Offering a total of five bedrooms and three bathrooms at a $450,000 price point, this property represents significant value for both growing families and savvy investors.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
With five bedrooms and three bathrooms squeezed into just 1,529 total square feet, the individual room sizes and common areas are likely to feel cramped.
The local assigned schools carry low performance ratings (ranging from 2 to 4), which may limit the property's appeal to education-focused families and impact future appreciation.
Beautifully remodeled pool home in the heart of Lancaster offering space, versatility, and income potential! This 5-bedroom, 3-bath property features a 4 bed, 2 bath main residence plus a detached 1 bed, 1 bath garage ADU—perfect for multi-generational living or rental income. The main home welcomes you with a spacious open living area featuring a cozy fireplace, an adjacent family room, and a formal dining area ideal for entertaining. The updated interior offers a functional layout with abundant natural light and comfortable living spaces throughout. Step outside to enjoy your private backyard oasis complete with a sparkling pool—perfect for relaxing or hosting gatherings. The ADU includes its own living area, full kitchen, bedroom, and bathroom, providing excellent flexibility and privacy. Situated on a generously sized lot, the property offers additional potential to expand, add another unit, build out, or store recreational vehicles and toys. Conveniently located near schools, shopping, and commuter routes. A rare opportunity for homeowners and investors alike—don’t miss this versatile and value-packed property! Beautifully remodeled pool home in the heart of Lancaster offering space, versatility, and income potential! This 5-bedroom, 3-bath property features a 4 bed, 2 bath main residence plus a detached 1 bed, 1 bath garage ADU—perfect for multi-generational living or rental income. The main home welcomes you with a spacious open living area featuring a cozy fireplace, an adjacent family room, and a formal dining area ideal for entertaining. The updated interior offers a functional layout with abundant natural light and comfortable living spaces throughout. Step outside to enjoy your private backyard oasis complete with a sparkling pool—perfect for relaxing or hosting gatherings. The ADU includes its own living area, full kitchen, bedroom, and bathroom, providing excellent flexibility and privacy. Situated on a generously sized lot, the property offers additional potential to expand, add another unit, build out, or store recreational vehicles and toys. Conveniently located near schools, shopping, and commuter routes. A rare opportunity for homeowners and investors alike—don’t miss this versatile and value-packed property!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 4.0 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 3.0 | 2.0 | 81% |
| Square foot | 1,529 | 1,389 | 64% |
| Lot Size | 6,314 | 7,000 | 25% |
| Price | $435.0K | $412.0K | 61% |
| Price per sq ft | $284 | $293 | 46% |
| Built year | 1952 | 1956 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 149 | 9% |
May 9, 2026
$435,000
$450,000
-3% Price Drop
Initial Listing
Apr 16, 2026
$450,000
Initial Listing
Oct 16, 2024
$600,000
Public Record
Jun 3, 2024
$360,000
Public Record