44654 20th Street W, Lancaster, California 93534, Lancaster, 93534 - 2 bed, 1 bath
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Lancaster, California 93534
This Value-Add Residential Asset is listed at $450,000, reflecting a premium for its unique land utility over the $339,875 Fair Market Value. The property carries a Poor Condition Rating, requiring substantial rehabilitation of the kitchen and core systems to modernize the 1949 build. However, the 31,099 sq. ft. lot and 700 sq. ft. steel shop with dual 12-foot doors offer rare industrial-grade utility in the Antelope Valley Union district. Featuring a mountain view, deck, and patio, this property provides significant expansion potential for Owner-Users with Home Businesses or Land-Bank Investors.
Property is extensive renovation needed.
Built in 1949, this property is 75 years old. While the bathroom has been recently remodeled to a modern standard, the kitchen is severely outdated with old appliances, worn cabinets, and dated flooring, requiring substantial rehabilitation. The living room features rustic knotty pine and worn carpet, also indicating a need for significant updates. Despite some newer mini-split AC units, the overall age of the home suggests potential for age-related maintenance in other major systems (plumbing, electrical, HVAC) not explicitly addressed, aligning with the 'Poor' condition criteria for requiring substantial repairs and rehabilitation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 31099, living area = 955.
The property boasts an exceptional 31,099 sq. ft. (0.71 acre) level lot, offering significant potential for expansion, outdoor amenities, or even future development, a rare find in an urban setting.
A 700 sq. ft. steel shop with dual 12-foot roll-up doors provides immense utility for a workshop, vehicle storage, or home-based business, appealing to a wide range of buyers.
The 955 sq. ft. living space with 2 bedrooms and 1 bathroom is relatively small, especially when compared to the expansive lot, potentially limiting appeal for buyers seeking a larger primary residence.
As a 1949 build, the home is 75 years old, which may imply potential for age-related maintenance or system updates (e.g., plumbing, electrical, HVAC) not explicitly mentioned.
The configuration of only two bedrooms and one bathroom may not meet the needs of larger households or those requiring additional space, potentially narrowing the buyer pool.
Set on a rare 31,099 sq. ft. lot in the heart of Lancaster, this 2-bedroom, 1-bath home combines mid-century character with outstanding land and utility. Built in 1949, the 955 sq. ft. home features original hardwood flooring in both bedrooms, rustic knotty pine in the living room, and a recently remodeled bathroom with a modern walk-in shower. The property’s standout feature is the land itself—over 31,000 sq. ft. of level space with mature trees, new artificial turf in the front yard, and ample room for expansion. In addition to a detached 2-car garage, there’s an impressive 700 sq. ft. steel shop with dual 12-foot roll-up doors—ideal for a workshop, vehicle storage, or home business. A country-sized lot in the city, this property offers rare space and flexibility close to shopping, schools, and commuter routes. Perfect for anyone seeking room to grow, work, or simply spread out.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 11% |
| Baths | 1.0 | 2.0 | 17% |
| Square foot | 955 | 1,364 | 6% |
| Lot Size | 31,099 | 7,003 | 98% |
| Price | $450.0K | $400.0K | 75% |
| Price per sq ft | $471 | $297 | 99% |
| Built year | 1949 | 1956 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 182 | 176 | 54% |
Oct 22, 2025
$450,000
Initial Listing