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
$800,220
SUMMARY
This income-producing triplex presents a High-Potential Investment Opportunity with a List Price of $795,000—positioned well below the $800,221 Fair Market Value by 0.65%. This valuation gap offers $5,221 in Instant Equity. Featuring a Condition Rating of 4, the property includes a remodeled rear unit and a functional lot with alley access. While the infrastructure shows age, the strong unit mix provides immediate rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add asset.
Estimated Market Value
$800,220
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 7 bd · 3 ba · 2,507 sqft · $319 | $795,000* List Price | 7 | 3 | 2,507 | $319 | - |
A 201 W Kettering Active 0 bd · 0 ba · 2,240 sqft · $352 · 0.9 mi | $789,000 List Price | 0 | 0 | 2,240 | $352 | 0.9 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 triplex is functional and income-producing but shows significant dating. While some units have newer laminate flooring and fresh paint, the kitchens feature dated tile countertops and older cabinetry (likely >20 years old). The reliance on window AC units indicates a lack of modern central HVAC systems, and the overall infrastructure requires updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Rental Potential
This triplex features a strong unit mix including a three-bedroom and two two-bedroom units, offering significant income-producing opportunities for investors or owner-users.
- Remodeled Rear Unit
The detached rear building has been fully remodeled and permitted, providing a turnkey rental space that reduces immediate capital expenditure for the new owner.
- Functional Lot Layout
The property includes a fenced yard, separate storage, and convenient alley access for parking, enhancing tenant privacy and overall site utility.
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.
- Limited Bathroom Count
With only one bathroom per unit—including the three-bedroom residence—the low bathroom-to-bedroom ratio may limit the property's appeal to certain tenant profiles.
- Property Age
Originally constructed in 1951, the main structures may require ongoing maintenance or updates to aging infrastructure compared to more modern multi-family developments.
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 | $593.0K |
| Price per sq ft | $317 | $237 |
| Built year | 1951 | 1957 |
| HOA | $0 | $0 |
| Days on market | 57 | 92 |
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