45308 Newtree Avenue, Lancaster, California 93534, Lancaster, 93534 - 4 bed, 2 bath
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Lancaster, California 93534
This 4-bedroom Single Family Residence is a High-Potential Investment Opportunity, listed at $405,000—positioned well above the $367,845 Fair Market Value by 10%. While the property is currently priced above market, it maintains a Condition Rating of 3, featuring a newer roof, wall heater, and swamp cooler. Situated on a quiet cul-de-sac with a private patio, the home offers functional living space for those prioritizing location over school ratings. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a well-maintained, move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45308 Newtree Avenue Subject | $405,000* List Price | 4 | 2 | 1,206 | $321 | - |
A 1203 W Avenue H8 Sold | $415,000 | 4 | 2 | 1,323 | $314 | 0.3 mi |
B 1046 W Avenue H6 Sold | $417,000 | 3 | 2 | 1,118 | $373 | 0.5 mi |
C 45370 Elm Sold | $360,000 | 3 | 1 | 983 | $366 | 0.5 mi |
D 45428 13th W Sold | $440,000 | 3 | 2 | 1,561 | $282 | 0.1 mi |
E 1420 Indian Sage Road Sold | $355,000 | 3 | 2 | 1,181 | $301 | 0.2 mi |
F 1209 W Avenue H8 Sold | $405,000 | 4 | 2 | 1,287 | $315 | 0.3 mi |
G 1329 Indian Sage Sold | $379,900 | 3 | 2 | 1,220 | $311 | 0.2 mi |
H 714 W Avenue H9 Sold | $435,000 | 4 | 2 | 1,312 | $332 | 0.4 mi |
I 1368 Indian Sage Active | $365,000 List Price | 3 | 2 | 1,181 | $309 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1955, the property is well-maintained and move-in ready. Key systems are recently updated, including the roof and wall heater (3-4 years old) and the swamp cooler (1 year old). The kitchen features stainless steel appliances and the bathroom has a newer vanity. Although the cabinetry and tile work are dated, the overall condition is functional and reflects consistent maintenance.
The property features a newer roof and wall heater (approx. 3-4 years old) and a recently replaced swamp cooler, significantly reducing immediate capital expenditure for the buyer.
Situated at the end of a quiet cul-de-sac, the home offers enhanced privacy, minimal through-traffic, and a safer environment for families.
Priced competitively at $405,000 for a 4-bedroom residence, this home represents an affordable entry point for first-time buyers or investors in a central location.
With four bedrooms squeezed into 1,206 square feet, the individual room sizes and overall living space may feel cramped compared to modern residential standards.
The local assigned schools have low performance ratings (ranging from 2 to 3), which may be a concern for families prioritizing education and could impact future resale value.
OPEN HOUSE SATURDAY, 7/11 FROM 11AM - 2PM. Adorable, affordable, and move in ready! Nestled on a quiet residential street at the end of a cul-de-sac, this charming home offers great curb appeal with a beautifully manicured front yard. Designed with accessibility in mind, it features a wheel chair ramp and wider doorways for added convenience. Enjoy energy savings with an affordable solar lease of approximately $77 per month. Major updates include a new roof and wall furnace that were replaced about 4 years ago. The evaporative cooler is new and the full bath vanity is also newer. The spacious living room is warm and inviting with a cozy fireplace, while the kitchen showcases a brand new $2000 stainless double oven /range combo , stainless appliances and an adorable eating area with bead board. The home has updated lighting which adds a fresh, modern touch through out. The garage showcases a custom pebble flooring. Step outside to a private landscaped rear yard complete with block walls and wrought iron fencing.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,206 | 1,880 |
| Lot Size | 5,613 | 7,703 |
| Price | $405.0K | $474.8K |
| Price per sq ft | $336 | $271 |
| Built year | 1955 | 1990 |
| HOA | $0 | $140 |
| Days on market | 49 | 62 |
Jun 3, 2026
$405,000
Initial Listing