44508 15th E 12, Lancaster, California 93535, Lancaster, 93535 - 2 bed, 2 bath
44508 15th E 12
Lancaster, California 93535
Property Price
SUMMARY
Analysis of 44508 15th E 12, Lancaster, California 93535 is currently available with a list price of $259,999. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1992, this property is over 30 years old and maintains a functional but dated appearance. While the listing describes it as well-maintained and move-in ready, the kitchen and bathrooms feature older styles and standard appliances consistent with its age rather than recent high-end renovations. It meets the 'fair' criteria as an aged home that has been kept up through regular maintenance but lacks the modern updates required for a higher rating.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Market Value
Priced well under $300,000, this property represents a highly accessible entry point for first-time buyers and investors looking for a turnkey opportunity in Lancaster.
- Versatile Dual-Suite Layout
The floor plan features one bedroom and full bathroom on each level, providing maximum privacy and flexibility for roommates, guests, or a professional home office setup.
- Superior Parking Amenities
The inclusion of a detached two-car garage with remote access is a premium feature for a townhome, offering both secure parking and significant additional storage space.
CONSRISKS & DEFICIENCIES
- Underperforming School District
The assigned public schools have relatively low ratings (ranging from 2 to 4), which may be a deterrent for families and could impact long-term appreciation.
- High Monthly Carrying Costs
The monthly HOA fee of nearly $400 is a significant recurring expense that buyers must factor into their debt-to-income ratio and overall monthly budget.
About 44508 15th E 12
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1992
- Lot Size
- 159,591 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $397.8 / Month
Neighborhood Insights
Lancaster Unified Schools
El Dorado Elementary School
Grades K-5 • 1.1 mi
Joshua Elementary
Grades K-5 • 1.7 mi
Piute Middle School
Grades 6-8 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| 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 | 158,072 | 60% |
| Price | $260.0K | $245.9K | 80% |
| Price per sq ft | $246 | $237 | 60% |
| Built year | 1992 | 1992 | 50% |
| HOA | $397.8 | $340 | 80% |
| Days on market | 7 | 154 | 20% |
Pricing History
Listed for Sale
Feb 27, 2026
$259,999
Initial Listing
Sold
Mar 12, 2009
$45,000
Public Record
Sold
May 11, 2005
$161,000
Public Record
Sold
Sep 30, 1998
$53,500
Public Record
Sold
Aug 26, 1998
$40,000
Public Record