44720 Rodin Avenue, Lancaster, California 93535, Lancaster, 93535 - 3 bed, 2 bath
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Lancaster, California 93535
This Turnkey Residential Asset is listed at $550,000, which sits above the $458,124 Fair Market Value. While the property does not offer immediate equity, it provides a Stable Investment Opportunity for those prioritizing a fully remodeled interior and a Good Condition Rating. Located within one mile of local schools, including El Dorado Elementary, the property offers significant appeal for long-term rental stability. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, move-in ready residence in a convenient Lancaster location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 44720 Rodin Avenue Subject | $550,000* List Price | 3 | 2 | 1,107 | $414 | - |
A 44221 4th Street E Sold | $440,000 | 3 | 2 | 1,170 | $376 | 0.7 mi |
B 45001 Logue Court Sold | $425,000 | 3 | 2 | 1,023 | $415 | 0.4 mi |
C 44135 Gingham Avenue Sold | $498,900 | 4 | 2 | 1,282 | $389 | 0.8 mi |
D 546 E Nugent Street Active Under Contract | $385,000 List Price | 3 | 2 | 1,107 | $348 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1956, the property was fully remodeled approximately 6 years ago (c. 2020) based on sales history and description. The exterior shows updated paint, newer windows, and a modern front door, placing it in the 5-15 year renovation window for a 'Good' rating.
The property was completely renovated prior to the current tenancy, offering modern upgrades and reducing the need for immediate capital expenditures on repairs or modernization.
The home is conveniently located within a one-mile radius of elementary, middle, and high schools, making it an attractive location for families with school-aged children.
As a tenant-occupied, remodeled residence, this property offers a turnkey opportunity for investors looking for immediate rental income and a stabilized asset.
The 'drive-by only' restriction limits the ability of prospective buyers to perform a physical interior inspection, which can complicate the due diligence process and deter traditional buyers.
The list price of $550,000 reflects a significant premium over the 2020 sale price of $283,000, which may present challenges regarding appraisal values and market competitiveness for a 1,107 sqft home.
Property was fully remodeled before current tenants. Drive by only.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,107 | 1,880 |
| Lot Size | 6,661 | 7,703 |
| Price | $550.0K | $474.8K |
| Price per sq ft | $497 | $271 |
| Built year | 1956 | 1990 |
| HOA | $0 | $140 |
| Days on market | 7 | 62 |
Jul 15, 2026
$550,000
Initial Listing
Feb 14, 2020
$283,000
Public Record
Feb 23, 2018
$150,000
Public Record
May 1, 2006
$245,000
Public Record