44232 Cedar Avenue, Lancaster, California 93534, Lancaster, 93534 - bed, bath
ACTIVE$649,900$2,208/sqft
44232 Cedar Avenue, Lancaster, California 93534
0Bed
0Bath
2,208Sqft
8,069Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income Potential & Flexibility: Features two separate homes on one lot with individual addresses, ideal for multi-generational living or significant rental income potential by living in one and renting the other, or renting both.
Top Cons:
Subpar School Ratings: Nearby schools have relatively low ratings (High School: 2, Elementary: 3, Middle: 4), which could be a deterrent for families prioritizing top-tier education.
Compared to the nearby listings
Price:$649.9K vs avg $560.0K (+$89,900)86%
Size:2,208 sqft vs avg 2,051 sqft71%
Price/sqft:$294 vs avg $29057%
More Insights
Built in 2005 (21 years old).
Condition: The property consists of two units. The rear unit, built in 2005, falls within the 'Good' category's age range (19 years old). The front unit is described as 'tastefully updated with modern finishes,' indicating it is also in good, move-in ready condition. The presence of paid solar further suggests well-maintained and updated systems. Although interior photos of the kitchen and bathrooms are not provided, the overall description implies a property that is move-in ready with functional systems and minimal wear and tear, aligning with a 'Good' score.
Year Built
2005
Close
-
List price
$650K
Original List price
$675K
Price/Sqft
$294
HOA
-
Days on market
-
Sold On
-
MLS number
SR25080209
Home ConditionGood
Features
View-
About this home
New Price! May qualify for 100% financing for first time buyers.TWO HOMES ON ONE LOT with SEPARATE ADDRESSES! With PAID SOLAR! Great opportunity for investors or multi-generational living. The front unit is a charming 2-bedroom, 1-bath home that has been tastefully updated with modern finishes. The rear unit, built in 2005, features a spacious 3-bedroom, 2-bath floor plan and comes equipped with fully paid solar, offering energy efficiency and savings. Property includes a detached 2-car garage with potential for an ADU conversion (buyer to verify). Live in one and rent the other or rent both for strong income potential. Plenty of off-street parking, separate addresses for each unit, and a prime layout for flexibility. Don't miss this unique investment opportunity!
M
Martha Pinon
Listing Agent
Nearby schools
3/10
Sierra Elementary School
Public,•K-5•0.7mi
4/10
Endeavour Middle School
Public,•6-8•4.2mi
2/10
Antelope Valley High School
Public,•9-12•1.0mi
Condition Rating
Good
The property consists of two units. The rear unit, built in 2005, falls within the 'Good' category's age range (19 years old). The front unit is described as 'tastefully updated with modern finishes,' indicating it is also in good, move-in ready condition. The presence of paid solar further suggests well-maintained and updated systems. Although interior photos of the kitchen and bathrooms are not provided, the overall description implies a property that is move-in ready with functional systems and minimal wear and tear, aligning with a 'Good' score.
Pros & Cons
Pros
Income Potential & Flexibility: Features two separate homes on one lot with individual addresses, ideal for multi-generational living or significant rental income potential by living in one and renting the other, or renting both.
Paid Solar System: The rear unit is equipped with fully paid solar panels, offering substantial energy efficiency and long-term cost savings on utility bills.
ADU Conversion Potential: Includes a detached 2-car garage with the potential for an Accessory Dwelling Unit (ADU) conversion, providing an opportunity to further increase property value and rental income.
Recent Updates & Modern Finishes: The front unit has been tastefully updated with modern finishes, enhancing its appeal and readiness for occupancy or rental.
Attractive Pricing & Financing: Recently reduced in price and may qualify for 100% financing for first-time buyers, making it a more accessible and appealing investment opportunity.
Cons
Subpar School Ratings: Nearby schools have relatively low ratings (High School: 2, Elementary: 3, Middle: 4), which could be a deterrent for families prioritizing top-tier education.
Unverified ADU Conversion: The potential for ADU conversion requires buyer verification, indicating possible unknown costs, regulatory hurdles, or limitations that could impact the feasibility and expense of the project.
Age Discrepancy & Unspecified Front Unit Age: While the rear unit was built in 2005, the original build year of the front unit is not specified, implying it is older and potentially has older underlying infrastructure despite cosmetic updates.