
Lancaster, California 93534
This property presents a High-Potential Investment Opportunity with a List Price of $359,900—positioned well below the $358,589 Fair Market Value (Note: Market is stable). While the home carries a Condition Rating of 5, the 8,898 sq. ft. lot with alley access provides significant ADU and Expansion Potential. The property requires a full restoration, making it a strategic asset for those targeting forced appreciation. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in the Antelope Valley Union district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 44509 Date Subject | $344,900* List Price | 4 | 2 | 1,426 | $247 | - |
A 44209 Date Sold | $350,000 | 3 | 2 | 1,246 | $281 | 0.5 mi |
B 44131 Elm Sold | $305,000 | 4 | 2 | 1,364 | $224 | 0.4 mi |
C 114 W Lancaster Boulevard Sold | $425,000 | 4 | 2 | 1,500 | $283 | 0.7 mi |
D 43740 Heaton Avenue Sold | $360,000 | 3 | 2 | 1,260 | $286 | 1.0 mi |
E 44036 Cedar Avenue Sold | $365,900 | 3 | 1 | 1,521 | $241 | 0.5 mi |
F 601 W Avenue J9 Sold | $380,000 | 4 | 2 | 1,659 | $229 | 0.6 mi |
G 44554 15th W Sold | $399,950 | 3 | 2 | 1,312 | $305 | 0.9 mi |
H 43819 Elm Avenue Sold | $400,000 | 4 | 2 | 1,485 | $269 | 0.8 mi |
I 947 W Oldfield Street Active | $367,900 List Price | 3 | 2 | 1,280 | $287 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947, this property is over 70 years old with a kitchen and systems (visible wall heater) that appear to be over 30 years old. The listing explicitly states the home is 'waiting to be restored,' indicating it requires a full rehab rather than minor updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8898, living area = 1426.
The large 8,898 sq. ft. lot features alley access and a detached garage, offering a prime opportunity for an ADU conversion while still providing high-clearance RV parking.
This 1947 home retains rare vintage elements including original hardwood floors, a classic brick fireplace, and a basement, which is an exceptional find for properties in this region.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property is explicitly marketed as needing restoration, suggesting significant deferred maintenance and the need for a substantial capital budget for repairs.
Given the 1947 construction and 'original' features, the home likely requires costly updates to electrical, plumbing, and HVAC systems to meet modern building codes and buyer expectations.
A piece of local history waiting to be restored. This classic home offers 3 bedrooms, 1.5 baths, approximately 1,400 square feet, original hardwood floors, a welcoming brick fireplace, and a basement rarely found in homes of this era. With alley access and abundant vintage charm throughout, this property presents a unique opportunity to preserve the past while creating a home for the future. Large lot with alley access allows the potential opportunity to convert the detached garage to an ADU while still having a large carport tall enough for an RV.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,426 | 1,880 |
| Lot Size | 8,898 | 7,703 |
| Price | $344.9K | $474.8K |
| Price per sq ft | $242 | $271 |
| Built year | 1947 | 1990 |
| HOA | $0 | $140 |
| Days on market | 41 | 62 |
Jul 15, 2026
$344,900
$359,900
-4% Price Drop
Initial Listing
Jun 11, 2026
$359,900
Initial Listing
Sep 9, 2009
$54,000
Public Record
Jul 15, 1998
$68,000
Public Record