45311 Gadsden Avenue, Lancaster, California 93534, Lancaster, 93534 - 3 bed, 1 bath
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45311 Gadsden Avenue
Lancaster, California 93534
ACTIVE
CONDITION: POOR
3Beds
1Baths
1,010Sq Ft
6,228Lot Size
Property Price
LIST PRICE$350,000
EST. MARKET VALUE
$314,953
11% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $350,000—positioned well below the $314,954 Fair Market Value by -11%. Featuring a Condition Rating of 5, this Single Family Residence requires a comprehensive renovation to unlock its full potential. The 6,228 sqft lot and detached garage offer significant ADU development potential for forced appreciation. While the school district ratings are modest, the central location provides proximity to essential services. This asset is an ideal project for Fix-and-Flip Investors or Contractors seeking value-add opportunities.
Estimated Market Value
$314,953
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 |
|---|---|---|---|---|---|---|
★ 45311 Gadsden Avenue Subject | $350,000* List Price | 3 | 1 | 1,010 | $312 | - |
A 1420 Indian Sage Road Sold | $355,000 | 3 | 2 | 1,181 | $301 | 0.5 mi |
B 621 W Avenue H12 Sold | $325,000 | 3 | 1 | 1,058 | $307 | 0.8 mi |
C 1103 W Milling Sold | $300,000 | 2 | 1 | 720 | $417 | 0.8 mi |
D 1438 W Ivyton Sold | $325,000 | 3 | 1 | 1,104 | $294 | 0.6 mi |
E 45928 Foxtail Sold | $438,000 | 4 | 2 | 1,389 | $315 | 0.8 mi |
F 45827 Caledonia Court Sold | $430,000 | 2 | 2 | 1,350 | $319 | 1.0 mi |
G 44913 Redwood Sold | $246,100 | 2 | 1 | 670 | $367 | 0.9 mi |
H 45509 Saigon Active | $375,000 List Price | 3 | 2 | 1,054 | $356 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1953 (70+ years old) with no evidence of recent renovations, this property is a classic fixer-upper. The exterior shows significant deferred maintenance, dated windows, and an aged roof-mounted cooling system. The listing description's mention of needing 'imagination' to become a 'diamond' confirms it requires a full rehab of the kitchen, bath, and likely all major systems.
PROSSTRENGTHS & OPPORTUNITIES
- ADU Potential
The detached garage and spacious 6,228 sqft lot provide an excellent opportunity to develop an accessory dwelling unit or guest house, maximizing the property's utility and value.
- Prime Corner Location
Situated on a corner lot in the heart of Lancaster, the property offers enhanced privacy and convenient proximity to shopping, entertainment, and essential emergency services.
- Investment Opportunity
Priced competitively at $350,000, this home serves as an ideal entry-level project for investors or flippers looking to build equity through cosmetic and structural improvements.
CONSRISKS & DEFICIENCIES
- Significant Renovation Needed
The property is marketed as a fixer-upper requiring 'imagination,' suggesting that buyers will need to budget for substantial repairs and modernization.
- Limited Bathroom Count
A three-bedroom configuration served by only a single bathroom may limit the home's appeal to larger families and impact its overall marketability compared to homes with a second bath.
About 45311 Gadsden Avenue
Check out this corner property located in the heart of Lancaster! Key Features: - 3 bedrooms, 1 bathroom - Detached garage (ideal for an ADU or guest house) - Efficient layout with kitchen washer/dryer hookups - Spacious backyard with a BBQ section - Conveniently located near movie theaters, shopping centers, the fire department, and the police station. A bit of imagination will turn this stone house into a diamond. Please let me know if you would like to schedule a viewing or if you have any questions!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 6,228 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lancaster Unified Schools
Mariposa Elementary School
Grades K-6 • 0.5 mi
3/10
Piute Middle School
Grades 6-8 • 1.3 mi
3/10
Antelope Valley High School
Grades 9-12 • 1.0 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.9 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,010 | 1,831.274 |
| Lot Size | 6,228 | 7,654.687 |
| Price | $350.0K | $478.1K |
| Price per sq ft | $347 | $269 |
| Built year | 1953 | 1989 |
| HOA | $0 | $203 |
| Days on market | 4 | 62 |
Pricing History
Listed for Sale
Sep 5, 2026
$350,000
Initial Listing
Sold
May 3, 2018
$209,000
Public Record
Sold
Jun 21, 2013
$85,000
Public Record