45403 8th E, Lancaster, California 93535, Lancaster, 93535 - 3 bed, 2 bath
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45403 8th E
Lancaster, California 93535
ACTIVE UNDER CONTRACT
CONDITION: POOR
3Beds
2Baths
1,354Sq Ft
6,014Lot Size
Property Price
LIST PRICE$365,000
EST. MARKET VALUE
$349,082
4% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $365,000—positioned well below the $349,082 Fair Market Value by -4%. Featuring a 1,354 sq ft layout with a bonus room and attached 2-car garage, the home requires updates to address its Condition Rating of 5. The 6,060 sq ft lot provides significant upside for value-add renovations. Located near local schools, this asset is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to build equity through strategic cosmetic improvements.
Estimated Market Value
$349,082
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 |
|---|---|---|---|---|---|---|
★ 45403 8th E Subject | $365,000* List Price | 3 | 2 | 1,354 | $258 | - |
A 44841 5th E Sold | $359,900 | 3 | 2 | 1,336 | $269 | 0.8 mi |
B 45408 Raysack Sold | $287,000 | 4 | 2 | 1,244 | $231 | 0.4 mi |
C 44866 Rodin Avenue Sold | $300,000 | 3 | 2 | 1,186 | $253 | 0.7 mi |
D 1204 Donatello Sold | $390,000 | 3 | 2 | 1,481 | $263 | 1.0 mi |
E 523 E Kettering Sold | $420,000 | 4 | 3 | 1,661 | $253 | 0.6 mi |
F 44916 Denmore Sold | $420,000 | 4 | 2 | 1,574 | $267 | 0.6 mi |
G 45015 Denmore Avenue Active | $365,000 List Price | 3 | 2 | 1,419 | $257 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
The property was built in 1990 (34 years old) and is explicitly marketed as a 'cosmetic fixer.' Interior images reveal original 1990s finishes, including popcorn ceilings, dated stone fireplace, and heavily stained/worn carpeting. The garage and exterior show signs of deferred maintenance, and with no evidence of recent renovations to kitchens, baths, or systems, it meets the >30-year rehab criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Living Space
The 1,354 sq ft layout includes a dedicated bonus room, offering excellent flexibility for a home office, hobby room, or a potential fourth bedroom.
- Investment Potential
As a cosmetic fixer, this property presents a significant opportunity for buyers to build sweat equity and customize finishes to their personal taste.
- Functional Outdoor Space
The generous 6,060 sq ft rectangular lot features secure block and wood perimeter fencing, providing a private and usable backyard area.
CONSRISKS & DEFICIENCIES
- Immediate Renovation Required
Being marketed as a cosmetic fixer, the home will require an additional budget and time for repairs and aesthetic updates immediately upon purchase.
- Limited Scenic Appeal
The property lacks any significant views, which may impact its competitive edge compared to other homes in the Lancaster area with mountain or desert vistas.
About 45403 8th E
Cosmetic Fixer with Endless Potential in Lancaster! Unlock the true potential of this single-story starter home! Featuring 3 bedrooms, 2 bathrooms, and a bonus room perfect for a home office or extra bedroom, this property provides a great canvas for your custom finishes and personal touches. Key Features & Layout: Flexible Living: 1,354 sq ft interior layout featuring a central fireplace and dedicated bonus room space. Functional Kitchen Area: Spacious kitchen layout with breakfast counter/bar space. Convenience: Attached 2-car garage. Outdoors: Generous 6,060 sq ft rectangular lot with block/wood perimeter fencing .
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 6,014 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lancaster Unified Schools
Linda Verde Elementary School
Grades K-5 • 0.7 mi
2/10
Piute Middle School
Grades 6-8 • 0.5 mi
3/10
Antelope Valley High School
Grades 9-12 • 1.1 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.9 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,354 | 1,831.274 |
| Lot Size | 6,014 | 7,654.687 |
| Price | $365.0K | $478.1K |
| Price per sq ft | $270 | $269 |
| Built year | 1990 | 1989 |
| HOA | $0 | $203 |
| Days on market | 29 | 62 |
Pricing History
Listed for Sale
Aug 11, 2026
$365,000
Initial Listing
Sold
Apr 26, 2012
$100,000
Public Record
Sold
Oct 28, 1998
$73,000
Public Record