
Lancaster, California 93535
This property presents a High-Potential Investment Opportunity with a List Price of $400,000—positioned well above the $319,248 Fair Market Value by -25%. While the home requires significant rehabilitation due to its Fair Condition Rating, the 3-bedroom, 2-bathroom layout in the Lancaster High School District provides a stable foundation for value-add projects. The aging infrastructure offers a blank canvas for modernizing major systems to drive long-term appreciation. This asset is an ideal acquisition for Buy-and-Hold Investors or experienced contractors seeking a project with strong rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 44353 Kirkland Subject | $400,000* List Price | 3 | 2 | 1,275 | $250 | - |
A 44504 Watford Avenue Sold | $370,000 | 3 | 2 | 1,390 | $266 | 0.3 mi |
B 415 E Avenue J13 Sold | $400,000 | 4 | 2 | 1,230 | $325 | 0.7 mi |
C 44283 Raysack Avenue Sold | $385,000 | 4 | 2 | 1,282 | $300 | 0.2 mi |
D 44221 4th Street E Sold | $440,000 | 3 | 2 | 1,170 | $376 | 0.2 mi |
E 43865 Gingham Sold | $402,000 | 3 | 2 | 1,234 | $326 | 0.6 mi |
F 44009 Stanridge Pending | $399,000 List Price | 4 | 2 | 1,165 | $342 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955 (>30 years old) with no evidence of recent renovations. The exterior shows significant neglect with overgrown vegetation and reflective window coverings, indicating the property likely requires a full interior rehab of the kitchen, bathrooms, and major systems to meet modern standards.
Priced at $400,000, this property represents a highly accessible entry point for first-time homebuyers or investors seeking a 3-bedroom residence in the California market.
The 3-bedroom, 2-bathroom configuration is the most sought-after layout for small families and renters, ensuring strong utility and long-term marketability.
Situated in a mature Lancaster neighborhood within the Lancaster High School District, the property benefits from a stable community environment and proximity to local education.
Built in 1955, the home is nearly 70 years old and may require significant updates to major systems like plumbing, electrical, or roofing to meet modern standards.
The property is noted as having no view, which may limit its competitive edge compared to other regional listings that offer desert or mountain vistas.
Exceptional opportunity in Lancaster. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 46% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,275 | 1,634.5 | 17% |
| Lot Size | 6,524 | 7,065 | 21% |
| Price | $400.0K | $443.8K | 29% |
| Price per sq ft | $314 | $264 | 79% |
| Built year | 1955 | 1987 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 168 | 1% |
Apr 29, 2026
$400,000
Initial Listing
Apr 3, 1995
$81,500
Public Record