
Lancaster, California 93535
This property presents a High-Potential Investment Opportunity with a List Price of $375,000—positioned well below the $365,914 Fair Market Value by -2%. While the home maintains a Condition Rating of 5, the inclusion of a Private Pool and a spacious lot provides significant value-add potential through cosmetic renovation. Located within walking distance of El Dorado Elementary, this asset offers a strategic entry point for those looking to modernize vintage infrastructure. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 44423 3rd E Subject | $375,000* List Price | 3 | 2 | 1,188 | $308 | - |
A 44009 Stanridge Sold | $307,000 | 4 | 2 | 1,165 | $264 | 0.5 mi |
B 646 E Nugent Sold | $340,000 | 4 | 2 | 1,227 | $277 | 0.5 mi |
C 44283 Raysack Avenue Sold | $385,000 | 4 | 2 | 1,282 | $300 | 0.3 mi |
D 44504 Watford Avenue Sold | $370,000 | 3 | 2 | 1,390 | $266 | 0.4 mi |
E 44221 4th Street E Sold | $440,000 | 3 | 2 | 1,170 | $376 | 0.3 mi |
F 415 E Avenue J13 Sold | $400,000 | 4 | 2 | 1,230 | $325 | 0.8 mi |
G 1305 Avnue J3 Sold | $379,999 | 3 | 2 | 1,225 | $310 | 0.3 mi |
H 43865 Gingham Sold | $402,000 | 3 | 2 | 1,234 | $326 | 0.7 mi |
I 44353 Kirkland Active | $400,000 List Price | 3 | 2 | 1,275 | $314 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954, the property features a kitchen with original-style knotty pine cabinetry and tile countertops that are well over 30 years old. While the laminate flooring is a recent update, the home requires a full rehab of the kitchen and bathrooms to meet modern standards, and the roof-mounted evaporative cooler indicates dated mechanical systems.
The property features a beautiful private pool and a spacious backyard, providing a significant lifestyle advantage and high entertainment value for the Lancaster climate.
Priced competitively at $375,000, this home serves as an excellent entry point for first-time buyers or investors looking to add value through cosmetic renovations.
The residence is ideally situated within walking distance (0.19 miles) of El Dorado Elementary School and is less than a mile from Antelope Valley High School.
The property requires some updating to modernize the interior, which may necessitate immediate additional capital investment from the buyer upon purchase.
Built in 1954, the home may feature older mechanical systems and insulation standards that could lead to higher long-term maintenance costs compared to newer builds.
GREAT OPPORTUNITY TO FIRST TIME BUYERS OR INVESTORS, BEAUTIFULL POOL HOUSE, READY FOR SUMMER, 3 BED AND 2 BATH, FIREPLACE IN LIVING ROOM, LAUNDRY AREA, NICE BACKYARD, NEED SOME UPDATE, BUT THE HOUSE IS IN GOOD CONDITION.DON'T MISS THIS ONE.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,188 | 1,880 |
| Lot Size | 6,381 | 7,703 |
| Price | $375.0K | $474.8K |
| Price per sq ft | $316 | $271 |
| Built year | 1954 | 1990 |
| HOA | $0 | $140 |
| Days on market | 13 | 62 |
Jul 9, 2026
$375,000
Initial Listing
Jul 1, 2021
$300,000
Public Record
May 18, 2015
$140,000
Public Record