44516 15th W, Lancaster, California 93534, Lancaster, 93534 - 3 bed, 2 bath
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Lancaster, California 93534
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $440,000—positioned well below the $449,921 Fair Market Value by 2%. This valuation gap offers $9,921 in Instant Equity for the buyer. With a Fair Condition Rating, the property features a large 7,525 sqft lot with mountain views and RV parking. While the vintage infrastructure suggests a need for modernization, the generous 1,852 sqft floor plan provides a solid foundation for Buy-and-Hold Investors or first-time buyers seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 44516 15th W Subject | $409,000* List Price | 3 | 2 | 1,852 | $221 | - |
A 45014 17th Street W Sold | $420,000 | 4 | 3 | 2,022 | $208 | 0.7 mi |
B 44916 18th Street W Sold | $448,000 | 3 | 2 | 1,846 | $243 | 0.7 mi |
C 44450 Lowtree Avenue Sold | $435,000 | 4 | 3 | 1,634 | $266 | 0.2 mi |
D 1639 W Norberry Sold | $520,000 | 4 | 2 | 1,989 | $261 | 0.2 mi |
E 45116 Camolin Sold | $350,000 | 4 | 2 | 1,574 | $222 | 0.9 mi |
F 1212 W Ave H4 Sold | $445,000 | 3 | 3 | 1,622 | $274 | 0.3 mi |
G 44632 17th W Sold | $435,000 | 5 | 2 | 1,620 | $269 | 0.3 mi |
H 1235 W Ivesbrook Active | $459,000 List Price | 4 | 2 | 1,882 | $244 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957, this property is well over the 20-year threshold for 'Fair' condition. While the listing describes it as well-maintained, the images reveal dated interior elements such as older ceramic tile flooring, worn carpeting, and mid-range finishes that likely exceed 15-20 years in age. It appears functional and move-in ready but requires cosmetic updates and a review of older systems to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7525, living area = 1852.
At 1,852 square feet, this 3-bedroom home offers a significantly larger living area than typical mid-century residences in the area, providing generous room for both daily living and entertaining.
The property sits on a sizable 7,525 sqft lot featuring mountain views and dedicated RV parking, offering excellent versatility for outdoor activities and recreational vehicle storage.
Built in 1957, the home may require significant capital investment to modernize major systems, such as electrical, plumbing, or insulation, to meet current energy efficiency standards.
The property's current list price is lower than its previous sale price from three years ago, which may signal a localized market correction or a need for cosmetic updates to compete with newer inventory.
Welcome to this charming Lancaster home offering comfort, space, and great location. This well-maintained property features a bright and inviting floor plan with spacious living areas, generously sized bedrooms, and plenty of natural light throughout. The kitchen offers ample cabinet and counter space, perfect for everyday living and entertaining. Situated on a sizable lot with a large backyard, there’s plenty of room for outdoor gatherings, RV parking, or future possibilities. Conveniently located near schools, shopping, dining, and commuter routes, this home is a fantastic opportunity for first-time buyers or growing families. Don’t miss your chance to own a great property in the heart of Lancaster!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,852 | 1,880 |
| Lot Size | 7,525 | 7,703 |
| Price | $409.0K | $474.8K |
| Price per sq ft | $221 | $271 |
| Built year | 1957 | 1990 |
| HOA | $0 | $140 |
| Days on market | 76 | 62 |
Jul 10, 2026
$409,000
$440,000
-7% Price Drop
Initial Listing
May 17, 2026
$440,000
$479,000
-8% Price Drop
Initial Listing
May 7, 2026
$479,000
Initial Listing
Aug 8, 2023
$472,000
Public Record
Nov 22, 2021
$406,000
Public Record
Apr 22, 2020
$240,000
Public Record
Sep 29, 2011
$117,500
Public Record
Apr 1, 2004
$165,000
Public Record