
Lancaster, California 93534
This Turnkey Multi-Unit Property is a Strong Value Opportunity, listed at $469,990—positioned well below the $496,886 Fair Market Value by 5%. This valuation gap offers $26,896 in Instant Equity for the buyer. Featuring a fully renovated ADU and modernized main house, the property holds an Excellent Condition Rating. With its dual-living setup and large lot, this asset is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking to offset their mortgage through house hacking.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 44503 Fern Avenue Subject 4 bd · 3 ba · 1,883 sqft · $264 | $469,990* List Price | 4 | 3 | 1,883 | $264 | - |
A 44651 Beech Avenue Sold 4 bd · 3 ba · 1,727 sqft · $269 · 0.4 mi | $465,000 | 4 | 3 | 1,727 | $269 | 0.4 mi |
B 1103 W Avenue J10 Sold 4 bd · 3 ba · 1,788 sqft · $310 · 0.8 mi | $555,000 | 4 | 3 | 1,788 | $310 | 0.8 mi |
C 44516 Fern Sold 3 bd · 2 ba · 1,536 sqft · $264 · 0.0 mi | $405,000 | 3 | 2 | 1,536 | $264 | 0.0 mi |
D 44421 Lowtree Avenue Sold 3 bd · 2 ba · 1,464 sqft · $292 · 0.6 mi | $428,000 | 3 | 2 | 1,464 | $292 | 0.6 mi |
E 1039 W Avenue J-14 Sold 4 bd · 2 ba · 1,400 sqft · $318 · 0.6 mi | $445,000 | 4 | 2 | 1,400 | $318 | 0.6 mi |
F 1530 W Kildare Sold 5 bd · 3 ba · 1,694 sqft · $319 · 0.9 mi | $540,000 | 5 | 3 | 1,694 | $319 | 0.9 mi |
G 925 W Oldfield Street Sold 3 bd · 1 ba · 1,286 sqft · $311 · 0.2 mi | $399,990 | 3 | 1 | 1,286 | $311 | 0.2 mi |
H 521 W Avenue J14 Sold 3 bd · 2 ba · 1,897 sqft · $264 · 1.0 mi | $500,000 | 3 | 2 | 1,897 | $264 | 1.0 mi |
I 1518 E Holguin Street Active 5 bd · 3 ba · 2,230 sqft · $263 · 0.5 mi | $586,990 List Price | 5 | 3 | 2,230 | $263 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a comprehensive, brand-new renovation (<5 years) including new flooring, fresh paint, and fully updated kitchens and bathrooms in both the main house and the separate ADU. It is in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9506, living area = 1883.
The property features a fully self-contained ADU with its own kitchen, laundry, and private entrance, offering significant potential for rental income or multi-generational living.
The home is move-in ready with extensive recent updates, including brand new flooring, fresh interior paint, and modernized kitchens and bathrooms throughout both units.
Originally built in 1950, the property may have aging underlying infrastructure or utility systems typical of mid-century homes that were not included in the cosmetic updates.
The significant price drop from its recent $580,000 sale suggests a rapid market correction or a distressed sale situation, which could impact short-term appreciation expectations.
Beautiful move-in-ready property with brand new interior paint and brand new flooring throughout the entire house, plus a major standout feature: a full ADU with its own separate living space, bedroom, kitchen, laundry area, and bathroom. The ADU also has a private entrance and its own central heat and air, making it a great setup for extended family, guests, or potential rental income. The ADU has been updated with brand new interior paint, brand new flooring, and a brand new kitchen featuring new cabinets, new quartz countertops, new appliances, a new stainless steel sink, and a clean modern look throughout. The main house kitchen has also been updated with newer kitchen cabinets, newer countertops, a stainless steel sink, and brand new appliances, giving the home a fresh and functional feel. The entire property has brand new flooring throughout, creating a consistent updated look from room to room. Each bathroom has been updated with newer tile, newer vanities, and has been completely redone. The main house also features a laundry area, two living spaces including a living room and a family room, coffered ceilings with custom beams, a long driveway, and extra parking toward the front of the property. The property also sold for $580,000 in 2024, adding helpful context for buyers looking at this opportunity. The exterior offers plenty of usable space with a large backyard surrounded by block walls, giving you privacy and room to enjoy the outdoors. The backyard is spacious and has tons of potential for entertaining, relaxing, storage, or future outdoor improvements. Excellent location close to schools, shopping, and more, making this property convenient while still giving you the extra space and flexibility that is hard to find. Come see this property in person and take a look at everything it has to offer, especially the separate ADU setup that makes this one truly stand out.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.7 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,883 | 1,778.498 |
| Lot Size | 9,506 | 7,636.35 |
| Price | $470.0K | $473.8K |
| Price per sq ft | $250 | $271 |
| Built year | 1950 | 1989 |
| HOA | $0 | $203 |
| Days on market | 30 | 64 |
Sep 24, 2026
$469,990
Initial Listing
Apr 29, 2024
$580,000
Public Record
Oct 17, 2023
$300,000
Public Record
Nov 23, 2015
$127,500
Public Record