44460 15th E 3, Lancaster, California 93535, Lancaster, 93535 - 2 bed, 2 bath
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44460 15th E 3
Lancaster, California 93535
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,056Sq Ft
114,742Lot Size
Property Price
LIST PRICE$239,000
EST. MARKET VALUE
$223,828
6% AboveMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $239,000—positioned well below the $223,829 Fair Market Value by -6%. While the property is currently tenant-occupied and carries a Poor Condition Rating due to its 35-year age, the inclusion of a 2-car detached garage and community amenities like pools and tennis courts provides significant utility. This asset is ideal for Buy-and-Hold Investors or first-time buyers capable of managing necessary system rehabilitations to unlock long-term value.
Estimated Market Value
$223,828
Based on Realkey algorithm analyzing recent comparable sales in Lancaster.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 44460 15th E 3 Subject | $239,000* List Price | 2 | 2 | 1,056 | $212 | - |
A 44460 15th Street E 13 Sold | $227,000 | 2 | 2 | 1,056 | $215 | 0.0 mi |
B 44526 15th Street E 4 Sold | $235,200 | 2 | 2 | 1,056 | $223 | 0.1 mi |
C 44532 15th E 5 Active | $239,000 List Price | 2 | 2 | 1,056 | $226 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1991, the property is 35 years old, which falls into the poor category (>30y). While the description notes it is 'stunning' with wood and carpet flooring, the age suggests that the kitchen, bathrooms, and major systems (HVAC/Electric) are likely original or past their functional lifespan and require rehabilitation.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Community Amenities
Located in the Willow Creek Community, residents benefit from a wide array of recreational facilities including pools, tennis courts, basketball courts, and a jacuzzi, enhancing the overall lifestyle value.
- Functional Layout and Parking
The unit features a desirable open floor plan with two spacious bedrooms and the rare addition of a 2-car detached garage, providing superior storage and privacy compared to typical condo carports.
- Competitive Market Pricing
At a list price of $239,000, this property offers a highly accessible entry point for first-time buyers or investors seeking a multi-bedroom asset in the California market.
CONSRISKS & DEFICIENCIES
- Tenant Occupancy Constraints
The property is currently tenant-occupied, which may complicate scheduling for showings and delay immediate possession for owner-occupant buyers.
- Lower School District Ratings
The assigned public schools carry lower performance ratings (ranging from 2 to 4), which may be a drawback for families prioritizing education or impact long-term appreciation potential.
About 44460 15th E 3
Welcome to this stunning 2 Bed 2 Bath Condo located in the beautiful Willow Creek Community. This home boasts wood and carpet flooring, an open floor plan, spacious bedrooms, and a 2 car detached garage. Enjoy all the amenities the community has to offer including pools, tennis courts, basketball courts, and a jacuzzi. Currently Tenant Occupied
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1991
- Lot Size
- 114,742 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $270.0 / Month
Neighborhood Insights
Lancaster Unified Schools
El Dorado Elementary School
Grades K-5 • 1.2 mi
4/10
Joshua Elementary
Grades K-5 • 1.7 mi
2/10
Piute Middle School
Grades 6-8 • 1.7 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.2 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,056 | 1,107.8 |
| Lot Size | 114,742 | 125,276.25 |
| Price | $239.0K | $297.5K |
| Price per sq ft | $226 | $237 |
| Built year | 1991 | 1988 |
| HOA | $270.0 | $379 |
| Days on market | 23 | 77 |
Pricing History
Listed for Sale
Aug 17, 2026
$239,000
Initial Listing
Sold
May 31, 2011
$48,000
Public Record
Sold
Mar 31, 2004
$125,000
Public Record