
Lancaster, California 93535
This property presents a Strong Value Opportunity with a List Price of $289,990—positioned well below the $271,083 Fair Market Value by -6%. While the home carries a Condition Rating of 5, the 6,980 sqft lot and 3-bedroom layout provide a blank canvas for value-add renovations. The property’s strategic location near commuter routes and schools enhances its long-term rental demand. This asset is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to capitalize on significant renovation potential in a high-demand market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 44251 Carolside Avenue Subject | $289,990* List Price | 3 | 1 | 1,036 | $262 | - |
A 44265 Foxton Avenue Sold | $261,800 | 3 | 1 | 1,088 | $241 | 0.2 mi |
B 646 E Nugent Sold | $340,000 | 4 | 2 | 1,227 | $277 | 0.8 mi |
C 44432 Stanridge Sold | $275,000 | 3 | 2 | 1,260 | $218 | 0.3 mi |
D 44504 Watford Avenue Sold | $370,000 | 3 | 2 | 1,390 | $266 | 0.7 mi |
E 223 E Avenue J8 Avenue Active | $330,000 List Price | 3 | 2 | 1,212 | $272 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954 (70 years old) with no mention of recent renovations, this property is explicitly marketed as an investment opportunity for renovation. The exterior shows a neglected yard and an older evaporative cooling system, suggesting that the kitchen, bath, and primary systems likely require significant rehabilitation to meet modern standards.
Priced competitively under $300,000, this property serves as an ideal entry-level investment or flip opportunity with significant room for equity growth through renovation.
The nearly 7,000 square foot lot provides ample space for outdoor living, potential home expansion, or the addition of an Accessory Dwelling Unit (ADU) to maximize rental income.
Conveniently situated near schools, shopping, dining, and major commuter routes, the property offers high accessibility that appeals to both long-term tenants and future homeowners.
Built in 1954 and marketed as a renovation project, the home likely requires substantial capital investment to update aging systems and meet modern aesthetic standards.
The 3-bedroom, 1-bathroom configuration is a drawback for modern families, which may limit the property's appeal compared to homes with a second bathroom or master suite.
***LIVE BEAUTIFULLY*** Great investment opportunity with endless potential! This single-story ranch home offers 3 bedrooms, 1 bathroom, and a spacious 2-car garage on a generously sized lot. Whether you're looking to renovate, expand your investment portfolio, or create your own vision, this property provides an excellent opportunity to add value. Conveniently located near schools, shopping, dining, and commuter routes, this home offers incredible potential for investors and buyers alike.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,036 | 1,880 |
| Lot Size | 6,980 | 7,703 |
| Price | $290.0K | $474.8K |
| Price per sq ft | $280 | $271 |
| Built year | 1954 | 1990 |
| HOA | $0 | $140 |
| Days on market | 16 | 62 |
Jul 6, 2026
$289,990
Initial Listing
Jan 29, 1998
$29,500
Public Record