44460 15th Street E 16, Lancaster, California 93535, Lancaster, 93535 - 2 bed, 2 bath
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Lancaster, California 93535
This Turnkey Condominium represents a Prime Investment Opportunity, listed at a List Price of $245,000—positioned well below the $255,162 Fair Market Value by 3%. This valuation gap provides $10,162 in Instant Equity. Featuring a Condition Rating of 2 with recent interior remodels, the unit offers access to a swimming pool and tennis court. While school ratings are modest, the property’s affordability and gated security make it an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 44460 15th Street E 16 Subject | $245,000* List Price | 2 | 2 | 1,062 | $240 | - |
A 1840 E Avenue J2 5 Sold | $265,000 | 2 | 3 | 1,082 | $245 | 0.5 mi |
B 1834 E Avenue J2 Sold | $260,000 | 2 | 3 | 1,082 | $240 | 0.5 mi |
C 44442 15th Street E 5 Sold | $246,000 | 2 | 1 | 1,138 | $216 | 0.1 mi |
D 1849 E Avenue J4 Active | $275,000 List Price | 2 | 3 | 1,082 | $254 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the structure dates to 1991, the listing specifies a recent remodel. Visual evidence of the bathroom shows updated modern flooring, a newer vanity, and a very clean, move-in ready interior consistent with a renovation completed within the last 5 years.
The property has been recently remodeled, providing a modern and move-in-ready interior that appeals to both first-time homebuyers and investors looking for low immediate maintenance.
Situated within a gated community, the residence offers enhanced security and desirable lifestyle features including a swimming pool and tennis courts.
With a list price of $245,000 for a 2-bedroom, 2-bathroom unit, this property represents a highly accessible entry point into the Southern California real estate market.
The monthly HOA fee of $397 is relatively high in proportion to the listing price, which may impact the debt-to-income ratio for some buyers and overall monthly affordability.
The assigned public schools carry lower performance ratings (ranging from 2 to 4), which could be a deterrent for families prioritizing educational rankings or long-term resale value.
Recently remodeled 2 bedrooms, 2 bathrooms condominium in a gated community. You will be very delighted to enjoy the different amenities it offers such as swimming pool, tennis court, and more. Either you are first time buyer or investor, you are welcome to come and look at it.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 1.7 mi
Grades 6-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,062 | 1,143 |
| Lot Size | 114,708 | - |
| Price | $245.0K | $312.5K |
| Price per sq ft | $231 | $252 |
| Built year | 1991 | 1990 |
| HOA | $397.0 | $395 |
| Days on market | 41 | 89 |
Jun 11, 2026
$245,000
Initial Listing
Apr 12, 2022
$160,000
Public Record
Jul 18, 2012
$53,000
Public Record
May 20, 1996
$40,000
Public Record