
Lancaster, California 93535
This Functional Dual-Suite Townhome offers a stable entry point into the Lancaster market with a List Price of $259,999, reflecting a fair valuation relative to its $242,120 Fair Market Value. The property holds a Condition Rating of 4, featuring a well-maintained interior with a cozy fireplace and private patio. A key highlight is the Two-Car Detached Garage, providing rare utility and storage for a property under $300,000. While served by the Lancaster school district, the versatile layout makes this a strategic acquisition for First-Time Homebuyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 44508 15th E 12 Subject | $259,999* List Price | 2 | 2 | 1,056 | $229 | - |
A 44520 15th East E Sold | $243,000 | 2 | 2 | 1,056 | $230 | 0.0 mi |
B 44544 15th E 11 Sold | $250,000 | 2 | 2 | 1,056 | $237 | 0.1 mi |
C 44550 E E 15th Street Sold | $245,900 | 2 | 2 | 1,062 | $232 | 0.2 mi |
D 44526 15th Street E 4 Sold | $235,200 | 2 | 2 | 1,056 | $223 | - |
E 44442 15th Street E 5 Sold | $246,000 | 2 | 1 | 1,138 | $216 | 0.2 mi |
F 44544 15th Street E 9 Active | $230,000 List Price | 2 | 2 | 1,056 | $218 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992, this townhome is well-maintained and move-in ready but lacks modern updates. The kitchen and bathrooms feature original-style cabinetry, tile countertops, and older white appliances consistent with the 1990s construction. While the property shows pride of ownership and functional systems, the flooring, light fixtures, and overall aesthetic are dated and have not undergone a major renovation in over 30 years.
Priced competitively under $260,000, this property represents a rare and affordable entry point for first-time homebuyers or investors looking to build equity in the Lancaster area.
The floor plan features a bedroom and full bathroom on each level, providing excellent privacy and flexibility for roommates, guests, or a dedicated home office.
Unlike many units in this price range, this townhome includes a detached two-car garage with remote access, offering secure parking and significant additional storage space.
The association fee of nearly $400 per month is a substantial recurring cost that may impact a buyer's debt-to-income ratio and overall monthly affordability.
The assigned public schools carry relatively low ratings (ranging from 2 to 4), which could be a deterrent for families and may affect future resale demand.
Make it your place. This 2-bedroom, 2-bathroom townhome offering 1,059 sq ft of comfortable living space at an exceptional value under $300,000. This well-maintained home features a bright and functional layout with a spacious living room and cozy fireplace, dedicated dining area, and private patio perfect for relaxing or entertaining. One bedroom and full bathroom are conveniently located downstairs, while the second bedroom with its own full bathroom is upstairs, offering privacy and flexibility for guests, roommates, or a home office setup. The kitchen provides ample cabinet storage and opens to the main living space for easy everyday living. Additional highlights include a detached two-car garage with remote control access, in-unit laundry area, community greenbelt and open space, and well-kept grounds. HOA is $389 and covers community maintenance. Ideal for first-time homebuyers looking to stop renting and start building equity, and a strong opportunity for first-time investors seeking rental potential in a well-maintained community. Affordable, functional, and ready for its next owner.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.7 mi
Grades 6-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,056 | 1,056 | 50% |
| Lot Size | 159,591 | 138,090 | 78% |
| Price | $260.0K | $246.0K | 67% |
| Price per sq ft | $246 | $237 | 67% |
| Built year | 1992 | 1992 | 50% |
| HOA | $397.8 | $340 | 67% |
| Days on market | 54 | 158 | 11% |
Feb 27, 2026
$259,999
Initial Listing
Mar 12, 2009
$45,000
Public Record
May 11, 2005
$161,000
Public Record
Sep 30, 1998
$53,500
Public Record
Aug 26, 1998
$40,000
Public Record