45348 10th W, Lancaster, California 93534, Lancaster, 93534 - 0 bed, 0 bath
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Lancaster, California 93534
This Residential Income Duplex offers a stable entry into the Lancaster rental market with a List Price of $599,900. While currently positioned above the $554,727 Fair Market Value, the property provides immediate cash flow via Existing Reliable Tenants in both 2-bedroom, 1-bathroom units. With a Condition Rating of 4, this 1953 build presents a clear value-add opportunity for modernization to drive future appreciation. Its proximity to the Lancaster Municipal Stadium and major freeways ensures consistent tenant demand, making it an ideal acquisition for Buy-and-Hold Investors and Portfolio Managers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45348 10th W Subject | $599,900* List Price | 0 | 0 | 1,731 | $320 | - |
A 44655 Fig Avenue Sold | $595,000 | 4 | 3 | 2,051 | $290 | 1.0 mi |
B 44655 Fig Avenue Sold | $595,000 | 0 | 0 | 2,051 | $290 | 1.0 mi |
C 45414 Corkwood Avenue Active | $499,000 List Price | 0 | 0 | 1,613 | $309 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, this duplex is aged and shows visible signs of wear consistent with its vintage. The exterior features older windows, window AC units, and an evaporative cooler, indicating dated systems. While the property is functional and currently occupied by tenants, it lacks modern updates and will require cosmetic and system improvements to meet current market standards.
The property features reliable, existing tenants in both units, providing immediate cash flow for investors and eliminating the initial vacancy risk and marketing costs.
Situated minutes from the freeway, shopping centers, and entertainment hubs like Cinemark and Lancaster Municipal Stadium, the location ensures high tenant demand and long-term desirability.
Both units offer a practical 2-bedroom, 1-bathroom layout with approximately 865 square feet each, a highly sought-after configuration for the local rental market.
Built in 1953, the property may require more frequent maintenance or capital expenditures for aging infrastructure and systems compared to modern multi-family builds.
The assigned public schools carry lower performance ratings (ranging from 2 to 3), which could limit the appeal for long-term family tenants prioritizing educational quality.
DUPLEX PROPERTY...Great Investment opportunity. Both units offer 2 bedrooms, and 1 bathroom, with approximately 865 Sq Ft of living space per unit. Very good tenants. Subject property is conveniently located minutes away from the freeway, shopping centers, restaurants, CINEMARK, and Lancaster Municipal Stadium.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,731 | 2,051 | 29% |
| Lot Size | 7,280 | 7,484 | 14% |
| Price | $599.9K | $595.0K | 71% |
| Price per sq ft | $347 | $290 | 71% |
| Built year | 1953 | 1951 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 203 | 14% |
Mar 20, 2026
$599,900
Initial Listing
Feb 27, 2018
$218,500
Public Record
May 17, 2010
$109,000
Public Record