
Lancaster, California 93534
This Value-Add Residential Asset is listed at $385,000, matching its $385,000 Fair Market Value. Currently holding a Condition Score of 4, the property requires modernization but offers significant upside through its 7,299 Sqft Lot, Spacious Patio, and Detached Two-Car Garage with ADU conversion potential. A unique Private Entry Bonus Room adds functional flexibility for rental income or a home office. Located near Desert View Elementary, this property represents a stable entry point for Fix-and-Flip Investors or Contractors looking to capitalize on high lot utilization and forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45417 11th Street W Subject | $385,000* List Price | 3 | 1 | 1,455 | $265 | - |
A 45505 13th Street W Sold | $381,500 | 3 | 2 | 1,241 | $307 | 0.2 mi |
B 1365 Jenner Street Sold | $395,000 | 3 | 2 | 1,310 | $302 | 0.6 mi |
C 45327 Elm Avenue Sold | $450,000 | 3 | 2 | 1,441 | $312 | 0.4 mi |
D 45826 Desert Springs Sold | $318,000 | 4 | 2 | 1,399 | $227 | 0.6 mi |
E 1017 W Avenue H8 Active | $423,000 List Price | 4 | 2 | 1,316 | $321 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, the home is in mostly original condition and shows significant signs of age. The kitchen and bathroom feature outdated laminate countertops with metal trim and vintage cabinetry. While the property appears functional and maintained, it requires comprehensive cosmetic updates and likely system modernizations to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7299, living area = 1455.
The detached two-car garage and generous lot size provide an excellent opportunity for an Accessory Dwelling Unit (ADU) conversion, offering potential for rental income or multi-generational living.
A unique bonus area with its own private entry connects to the main home, making it ideal for a home office, guest suite, or private studio.
With three bedrooms and only one bathroom, the home may feel underserviced for larger households or modern buyer preferences.
Built in 1955, the property may require updates to older systems such as plumbing, electrical, or insulation to meet current efficiency standards.
The assigned public schools currently hold lower performance ratings, which may be a consideration for families prioritizing educational metrics.
Welcome to this Lancaster single-story home offering flexibility and potential on a generous lot. Situated on a tree-lined street in an established community known for its mix of long-time residents and new opportunities, the property features a wide driveway and detached two-car garage with ample parking and space for gardening, entertaining, or future enhancements. A flexible bonus area with its own private entry connects to the main home, creating options for guests, home office, or extended household needs. The garage may offer future potential for ADU conversion (subject to city/county approval). The front yard includes mature trees and sprinklers, while the spacious backyard provides a blank canvas for landscaping ideas. This home presents an excellent opportunity to personalize and add value in a well-located neighborhood — ideal as a primary residence or investment with future potential.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 17% |
| Square foot | 1,455 | 1,368 | 61% |
| Lot Size | 7,299 | 7,003 | 58% |
| Price | $385.0K | $400.0K | 38% |
| Price per sq ft | $265 | $295 | 33% |
| Built year | 1955 | 1956 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 296 | 176 | 95% |
Jun 30, 2025
$385,000
Initial Listing