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 | $305 | - |
A 1203 W Avenue H8 Sold | $415,000 | 4 | 2 | 1,323 | $314 | 0.3 mi |
B 1209 W Avenue H8 Sold | $405,000 | 4 | 2 | 1,287 | $315 | 0.3 mi |
C 724 W Avenue H10 Sold | $310,000 | 4 | 2 | 1,312 | $236 | 0.4 mi |
D 1041 W Avenue H2 Sold | $389,900 | 4 | 2 | 1,420 | $275 | 0.7 mi |
E 1408 W Avenue H15 Sold | $410,000 | 4 | 2 | 1,444 | $284 | 0.3 mi |
F 1420 Indian Sage Road Sold | $355,000 | 3 | 2 | 1,181 | $301 | 0.2 mi |
G 1368 Indian Sage Active | $405,000 List Price | 3 | 2 | 1,181 | $343 | 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.
Adorable and affordable home located on a quiet street at the end of a cul-de-sac. The roof and wall heater are approximately 3-4 years new and the swamp cooler was replaced about a year ago. There is a wood burning fireplace for those cozy winter nights and a beautiful back yard for entertaining and relaxing. There is charming bead board in the dining area. The light fixtures have been upgraded and there is a newer vanity in the full bath. This property is centrally located for shopping and commuting.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 59% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,206 | 1,396 | 28% |
| Lot Size | 5,613 | 6,994.5 | 3% |
| Price | $405.0K | $410.0K | 48% |
| Price per sq ft | $336 | $291 | 80% |
| Built year | 1955 | 1957 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 144 | 1% |
Jun 3, 2026
$405,000
Initial Listing