44048 Elm, Lancaster, California 93534, Lancaster, 93534 - 3 bed, 2 bath
44048 Elm
Lancaster, California 93534
Property Price
SUMMARY
Analysis of 44048 Elm, Lancaster, California 93534 reveals a property with a current list price of $600,000, which is 17% above the estimated $512,652 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Lancaster Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 44048 Elm Subject | $600,000* List Price | 3 | 2 | 1,529 | $335 | - |
A 43704 Gadsden Avenue Sold | $475,000 | 4 | 2 | 1,430 | $332 | 0.5 mi |
B 43854 Fern Avenue Sold | $450,000 | 4 | 2 | 1,452 | $310 | 0.3 mi |
C 1127 W Avenue J-11 Sold | $489,900 | 3 | 2 | 1,485 | $330 | 0.6 mi |
D 43714 Heaton Active | $429,999 List Price | 3 | 2 | 1,540 | $279 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1952, the property is described as a 'Turn key home' and 'Beautiful Lancaster home,' indicating it's move-in ready. The significant price increase from $360,000 to $600,000 between 2023 and 2024 strongly suggests recent, substantial renovations have been completed, bringing it up to modern standards for functionality and aesthetics. While interior photos are unavailable to assess kitchen and bathroom specifics, the 'turn-key' status implies these areas are updated and well-maintained, fitting the criteria for a 'good' condition property.
PROSSTRENGTHS & OPPORTUNITIES
- Private Swimming Pool
The property features a private swimming pool, offering a personal oasis for relaxation and entertainment, a highly desirable amenity.
- Turn-Key Ready
Described as a 'turn-key home,' indicating it's move-in ready and likely requires minimal immediate renovations, appealing to buyers seeking convenience.
- Rental Income Potential
The listing highlights potential for rental income, appealing to investors or those seeking supplementary revenue streams.
CONSRISKS & DEFICIENCIES
- Older Home Construction
Built in 1952, the property's age may suggest older infrastructure, potential for deferred maintenance, or require updates to meet modern aesthetic and efficiency standards.
- Lower-Rated High School
The assigned high school, Antelope Valley High, has a rating of 2, which might be a concern for families prioritizing top-tier educational institutions.
- Absence of Scenic Views
The property does not offer any notable scenic views, which could be a drawback for buyers seeking specific aesthetic advantages or premium outlooks.
About 44048 Elm
Beautiful Lancaster home, with rental income potential. Turn key home, and best of all, it has a pool for your personal oasis.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 6,316 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lancaster Unified Schools
Sierra Elementary School
Grades K-5 • 0.4 mi
Endeavour Middle School
Grades 6-8 • 4.0 mi
Antelope Valley High School
Grades 9-12 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,529 | 1,387 | 61% |
| Lot Size | 6,316 | 6,971 | 33% |
| Price | $600.0K | $410.0K | 97% |
| Price per sq ft | $392 | $297 | 94% |
| Built year | 1952 | 1957 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 194 | 2% |
Pricing History
Listed for Sale
Jan 29, 2026
$600,000
Initial Listing
Sold
Oct 16, 2024
$600,000
Public Record
Sold
Jun 3, 2024
$360,000
Public Record