45035 18th St W, Lancaster, California 93534, Lancaster, 93534 - 3 bed, 2 bath
ACTIVE$449,900$1,776/sqft
Est. Value: $298,965
-33%
AboveEstimate
45035 18th St W, Lancaster, California 93534
3Beds
2Baths
1,776Sqft
7,538Lot
Price Vs. Estimate
The estimated value ($298,964.81) is $150,935.19 (33%) lower than the list price ($449,900). This property may be overpriced.
Key pros and cons
Top Pros:
Spacious Living Areas: The property offers a generous 1,776 Sq Ft of living space, including 3 bedrooms, 2 bathrooms, a dedicated dining room, an ample family room, and a cozy living room.
Top Cons:
Condition Requires Investment: The property is explicitly stated to be 'in need of some TLC,' indicating that significant repairs, updates, or renovations will be required, adding to the initial investment cost.
Compared to the nearby listings
Price:$449.9K vs avg $425.0K (+$24,900)61%
Size:1,776 sqft vs avg 1,429 sqft75%
Price/sqft:$253 vs avg $30228%
More Insights
Built in 1957 (69 years old).
Condition: Built in 1957, this property is in need of substantial repairs and rehabilitation. The kitchen features very dated dark wood cabinets, tiled countertops, and older white appliances, requiring a complete overhaul. Both bathrooms exhibit extremely outdated tile work, fixtures, and shower enclosures. Throughout the home, there are worn carpets, dated light fixtures, and popcorn ceilings. The exterior also shows neglect with a cracked driveway and minimal landscaping. While not a tear-down, the property's major components are significantly outdated and require extensive renovation to meet modern standards.
Year Built
1957
Close
-
List price
$450K
Original List price
$450K
Price/Sqft
$253
HOA
-
Days on market
-
Sold On
-
MLS number
SR25216170
Home ConditionPoor
Features
ViewNeighborhood
About this home
Subject property is in need of some TLC. Property offers 3 bedrooms, 2 bathrooms, 1,776 Sq Ft of living space, and 7,538 Sq Ft LOT. Subject property also offers a dining room, an ample family room, and a cozy living room with a fireplace, perfect for those cold winter nights. Best part of all, this home sweet home is conveniently located near CINEMARK, Lancaster Municipal Stadium, Lancaster High School, and easy access to the freeway.
I
Israel Sanchez
Listing Agent
Condition Rating
Poor
Built in 1957, this property is in need of substantial repairs and rehabilitation. The kitchen features very dated dark wood cabinets, tiled countertops, and older white appliances, requiring a complete overhaul. Both bathrooms exhibit extremely outdated tile work, fixtures, and shower enclosures. Throughout the home, there are worn carpets, dated light fixtures, and popcorn ceilings. The exterior also shows neglect with a cracked driveway and minimal landscaping. While not a tear-down, the property's major components are significantly outdated and require extensive renovation to meet modern standards.
Pros & Cons
Pros
Spacious Living Areas: The property offers a generous 1,776 Sq Ft of living space, including 3 bedrooms, 2 bathrooms, a dedicated dining room, an ample family room, and a cozy living room.
Generous Lot Size: A substantial 7,538 Sq Ft lot provides ample outdoor space for potential landscaping, expansion, or recreational use.
Cozy Interior Feature: The living room features a fireplace, offering a warm and inviting atmosphere, perfect for colder winter nights.
Prime Location & Accessibility: Conveniently located near key amenities such as CINEMARK, Lancaster Municipal Stadium, Lancaster High School, and offers easy access to the freeway, enhancing daily convenience.
Value-Add Opportunity: The property's current condition presents a significant opportunity for buyers to invest in renovations, customize to their taste, and potentially build substantial equity.
Cons
Condition Requires Investment: The property is explicitly stated to be 'in need of some TLC,' indicating that significant repairs, updates, or renovations will be required, adding to the initial investment cost.
Older Construction: Built in 1957, the home is an older property, which may imply outdated systems, finishes, and potential for age-related maintenance issues.
Lack of Modern Updates: The description does not highlight any recent upgrades or modern features, suggesting that key areas like the kitchen or bathrooms might be dated and require modernization to meet current buyer expectations.