
Lancaster, California 93535
This property presents a High-Potential Investment Opportunity with a List Price of $359,900—positioned well below the $351,672 Fair Market Value by -2%. While the home maintains a Fair Condition Rating (4/10), its 1,336 sqft layout on a 7,034 sqft lot provides significant room for value-add renovations. Featuring a private patio and proximity to Antelope Valley Union schools, this asset is well-suited for Buy-and-Hold Investors or first-time buyers looking to build long-term equity through strategic modernization in an established Lancaster neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 44841 5th E Subject | $359,900* List Price | 3 | 2 | 1,336 | $263 | - |
A 333 E Kildare Sold | $402,000 | 4 | 2 | 1,485 | $271 | 0.2 mi |
B 45461 3rd E Sold | $365,000 | 4 | 2 | 1,543 | $237 | 1.0 mi |
C 44504 Watford Avenue Sold | $370,000 | 3 | 2 | 1,390 | $266 | 0.5 mi |
D 44727 Andale Sold | $399,000 | 4 | 2 | 1,227 | $325 | 0.3 mi |
E 520 E Norberry Sold | $382,000 | 3 | 2 | 1,452 | $263 | 0.3 mi |
F 44512 N Tabler Avenue Sold | $388,880 | 4 | 2 | 1,622 | $240 | 0.5 mi |
G 1204 Donatello Sold | $390,000 | 3 | 2 | 1,481 | $263 | 0.8 mi |
H 416 E Kildare Street Active Under Contract | $425,000 List Price | 4 | 2 | 1,248 | $341 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957, the property is functional but dated. While it features some cosmetic flooring updates, the kitchen cabinets and overall systems are aged, and the listing explicitly identifies it as an opportunity for buyers to update and add value.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7034, living area = 1336.
With a functional layout and 'strong bones,' this property offers a significant opportunity for buyers to build long-term equity through modern updates and renovations.
The backyard features a partially covered patio and brick privacy walls, providing a secluded environment for outdoor dining and entertaining.
Built in 1957, the home likely requires cosmetic and functional updates to meet modern standards, necessitating additional upfront capital from the buyer.
The assigned public schools currently hold low performance ratings, which may be a concern for families prioritizing educational rankings or future resale value.
Offering nearly 1,500 square feet of comfortable living space, this 3-bedroom, 2-bath home combines a functional layout, attached garage, and private outdoor living in an established Lancaster neighborhood. With strong bones, spacious interiors, and a practical floor plan, the property presents a great opportunity for buyers looking to update, add value, and create long-term equity in a well-established area. Inside, the light-filled layout features generous living and gathering spaces designed for everyday comfort and easy entertaining. The home offers a versatile design that works well for first-time buyers, families, or investors seeking a property with solid upside potential through thoughtful improvements. The backyard provides a private setting with a partially covered patio, ample space for outdoor dining and entertaining, and brick privacy walls that enhance both comfort and seclusion. Ideally located near El Dorado Park and Deputy Pierre W. Bain Park, with shopping, dining, and commuter access via State Route 14 just minutes away, this home offers a rare blend of space, convenience, and long-term value in central Lancaster.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,336 | 1,880 |
| Lot Size | 7,034 | 7,703 |
| Price | $359.9K | $474.8K |
| Price per sq ft | $269 | $271 |
| Built year | 1957 | 1990 |
| HOA | $0 | $140 |
| Days on market | 35 | 62 |
Jun 17, 2026
$359,900
Initial Listing
Nov 6, 2002
$83,000
Public Record