44226 2nd Street E, Lancaster, California 93535, Lancaster, 93535 - 4 bed, 2 bath
44226 2nd Street E
Lancaster, California 93535
Property Price
SUMMARY
Analysis of 44226 2nd Street E, Lancaster, California 93535 reveals a Prime Investment Opportunity with a current list price of $374,900—significantly undercutting the $390,285 Fair Market Value by 4%. This valuation gap indicates a +$15,385 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 44226 2nd Street E Subject | $374,900* List Price | 4 | 2 | 1,705 | $229 | - |
A 44232 E 4th Street E Sold | $399,000 | 4 | 2 | 1,845 | $216 | 0.3 mi |
B 467 E Lingard Sold | $404,900 | 4 | 2 | 1,590 | $255 | 0.8 mi |
C 44019 Glen Raven Road Sold | $450,000 | 4 | 2 | 1,707 | $264 | 0.3 mi |
D 609 E Pillsbury Street Sold | $420,000 | 4 | 2 | 1,728 | $243 | 0.8 mi |
E 43926 3rd Street E Sold | $420,000 | 4 | 3 | 1,716 | $245 | 0.4 mi |
F 44440 Hanstead Sold | $385,000 | 5 | 2 | 1,604 | $240 | 0.8 mi |
G 356 E Kettering Street Active | $385,000 List Price | 4 | 2 | 1,716 | $224 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1954, this property has received recent cosmetic updates like new paint and carpet, making it superficially 'move-in ready'. However, the kitchen and bathroom are significantly outdated in style and features, with basic appliances, older cabinets, and dated tile flooring. Major systems are likely original or very old, showing signs of age and suggesting future updates will be necessary. The property is functional but lacks modern amenities and style, aligning with the 'Fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Affordable Price Point
Listed at $374,900 for a 4-bedroom, 1705 sqft home, this property offers a highly competitive and attractive value proposition in the current market.
- Move-in Ready Condition
The property boasts recent cosmetic updates including new carpet and new paint, significantly reducing immediate buyer expenses and effort to settle in.
- Spacious Layout
With 4 bedrooms and 1705 square feet, the home provides ample living space, suitable for families or those requiring extra rooms for home offices or guests.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1954, the home is over 60 years old, which may suggest potential for outdated infrastructure (e.g., plumbing, electrical, HVAC) that could require future maintenance or upgrades.
- Limited Major System Updates
While cosmetic updates are noted, the description lacks specific details regarding recent upgrades to major systems such as the roof, windows, or HVAC, which are common considerations for older homes.
- Absence of Premium Features/Views
The property description does not highlight any premium features like modern kitchen/bath remodels (beyond paint/carpet), unique architectural details, or desirable views, which could limit its competitive edge against more upgraded properties.
About 44226 2nd Street E
An affordable big and beautiful large 4 bedroom home with 1,705 sq. feet. New carpet, new paint, detached garage, fenced front yard. We are move-in ready just for you. Near schools, parks and shopping. Don't delay. Act today
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 6,422 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,705 | 1,639.5 | 54% |
| Lot Size | 6,422 | 7,060.5 | 20% |
| Price | $374.9K | $440.0K | 13% |
| Price per sq ft | $220 | $265 | 24% |
| Built year | 1954 | 1988 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 86 | 178 | 10% |
Pricing History
Listed for Sale
Dec 10, 2025
$374,900
Initial Listing
Sold
Jul 17, 2013
$135,000
Public Record
Sold
May 30, 2013
$78,000
Public Record