45031 10th Street W, Lancaster, California 93534, Lancaster, 93534 - 7 bed, 3 bath
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45031 10th Street W
Lancaster, California 93534
ACTIVE
CONDITION: FAIR
7Beds
3Baths
2,507Sq Ft
8,978Lot Size
Property Price
LIST PRICE$795,000
EST. MARKET VALUE
$748,436
6% AboveMARKET VALUE
SUMMARY
This triplex presents a High-Potential Investment Opportunity with a List Price of $795,000—positioned above the $748,437 Fair Market Value. While the property requires capital expenditure to address its Condition Rating of 4, the configuration of a 3-bedroom unit alongside two 2-bedroom units provides significant rental demand. The recently remodeled rear unit offers immediate turnkey value, while the overall layout supports long-term income growth. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property in Lancaster.
Estimated Market Value
$748,436
Based on Realkey algorithm analyzing recent comparable sales in Lancaster.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45031 10th Street W Subject | $795,000* List Price | 7 | 3 | 2,507 | $299 | - |
A 44632 Fern Avenue Active | $600,000 List Price | 5 | 3 | 2,163 | $277 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1951, this 75-year-old triplex is dated. While the rear unit has been remodeled, the primary units appear to have older systems, evidenced by window AC units and aged stucco. The property is functional and income-producing but requires updates to kitchens, baths, and likely electrical/HVAC systems to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Rental Potential
The triplex configuration featuring a rare three-bedroom unit alongside two two-bedroom units maximizes income streams and appeals to a broad tenant base.
- Remodeled Rear Unit
The separate rear building has been recently remodeled with permitted improvements, offering immediate turnkey value and reduced maintenance costs for the owner.
- Functional Site Layout
The property includes essential tenant amenities such as in-unit laundry rooms, a fenced yard, and convenient alley access with dedicated parking and storage.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2507, other record living area = 2126. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 5.
- Low Bathroom Count
With only one bathroom per unit—including the three-bedroom residence—the property may face challenges in attracting larger families or commanding top-tier market rents.
- Aging Infrastructure
Originally constructed in 1951, the property may require ongoing capital expenditures for older systems like plumbing and electrical that are typical for homes of this vintage.
About 45031 10th Street W
Welcome to this income-producing triplex located at 45031, 45033, 45035 10th Street West in Lancaster. This well-positioned property offers three rental units, providing an excellent opportunity for an investor or owner-user looking to maximize rental income potential. Unit 45031 is 3 bedrooms, one bathroom, laundry room, Unit 45033 is 2 bedrooms, one bathroom, laundry room. The rear unit separate building, located at 45035, has been remodeled and features two permitted bedrooms, one bathroom. The property offers a fenced yard with lawn, a separate storage unit, and convenient alley access with parking. Ideally situated near shopping, dining, and everyday amenities, this triplex combines functionality and convenience in a desirable Lancaster location. Call today to schedule a showing!
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1951
- Lot Size
- 8,978 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 9.0 |
| Baths | 3.0 | 5.0 |
| Square foot | 2,507 | 2,756.5 |
| Lot Size | 8,978 | 209,921 |
| Price | $795.0K | $532.2K |
| Price per sq ft | $317 | $225 |
| Built year | 1951 | 1957 |
| HOA | $0 | $0 |
| Days on market | 12 | 127 |
Pricing History
Listed for Sale
Aug 28, 2026
$795,000
Initial Listing
Sold
Oct 4, 2010
$105,000
Public Record
Sold
Jun 13, 2005
$340,000
Public Record
Sold
Apr 14, 1998
$75,500
Public Record