44502 2nd Street E, Lancaster, California 93535, Lancaster, 93535 - 3 bed, 2 bath
44502 2nd Street E
Lancaster, California 93535
Property Price
SUMMARY
Analysis of 44502 2nd Street E, Lancaster, California 93535 reveals a Fairly Priced Property with a current list price of $369,900 aligned with the estimated $366,939 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Lancaster Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 44502 2nd Street E Subject | $369,900* List Price | 3 | 2 | 1,460 | $251 | - |
A 467 E Lingard Sold | $404,900 | 4 | 2 | 1,590 | $255 | 0.5 mi |
B 44283 Raysack Avenue Sold | $385,000 | 4 | 2 | 1,282 | $300 | 0.4 mi |
C 1031 E Avenue J3 Sold | $420,000 | 3 | 2 | 1,281 | $328 | 0.4 mi |
D 44916 Denmore Sold | $420,000 | 4 | 2 | 1,574 | $267 | 1.0 mi |
E 44256 Gingham Sold | $389,900 | 4 | 2 | 1,282 | $304 | 0.4 mi |
F 44340 Foxton Active | $379,000 List Price | 3 | 2 | 1,736 | $218 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1954, this property has received recent cosmetic updates including new carpet and interior paint, making it move-in ready on the surface. However, the kitchen and bathrooms feature dated tile work, older cabinets, and appliances that appear to be from a renovation 15-30 years ago. While functional, these areas require significant updates to meet current aesthetic and quality standards. Major systems like HVAC (visible roof unit) are likely older and may be nearing the end of their lifespan, aligning with the 'fair' condition criteria of being aged but maintained, with functional but outdated components.
PROSSTRENGTHS & OPPORTUNITIES
- Cost-Effective Ownership
The absence of HOA and Mello-Roos fees significantly reduces monthly housing costs, offering substantial long-term savings for the homeowner.
- Recent Updates
The property features new carpet and interior paint, providing a fresh, move-in-ready condition that minimizes immediate renovation expenses for a buyer.
- Desirable Location
Situated in a 'wonderful neighborhood' with convenient proximity to schools and shopping, enhancing daily convenience and community appeal.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1954, the home is older, which may imply aging major systems (e.g., HVAC, plumbing, electrical) that could require future maintenance or replacement.
- Lack of Scenic Views
The property explicitly states 'view: None,' which could be a drawback for buyers prioritizing aesthetic or panoramic surroundings.
- High School Rating
The assigned high school has a lower rating (2 out of 10), which might be a significant consideration for families prioritizing highly-rated educational institutions.
About 44502 2nd Street E
No HOA. No Mello-Roos. A great affordable 3 bedroom in a wonderful neighborhood near schools, shopping and more. Fireplace, new carpet and new interior paint. Big back yard and so much more.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lancaster Unified Schools
El Dorado Elementary School
Grades K-5 • 0.3 mi
Piute Middle School
Grades 6-8 • 1.2 mi
Antelope Valley High School
Grades 9-12 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 41% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,460 | 1,633.5 | 35% |
| Lot Size | 6,098 | 7,060.5 | 13% |
| Price | $369.9K | $440.0K | 13% |
| Price per sq ft | $253 | $265 | 43% |
| Built year | 1954 | 1988 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 190 | 178 | 57% |
Pricing History
Listed for Sale
Nov 21, 2025
$369,900
$374,900
-1% Price Drop
Initial Listing
Price Change
Aug 28, 2025
$374,900
Initial Listing