45439 Lorimer Avenue, Lancaster, California 93534, Lancaster, 93534 - 5 bed, 3 bath
45439 Lorimer Avenue
Lancaster, California 93534
Property Price
SUMMARY
Analysis of 45439 Lorimer Avenue, Lancaster, California 93534 reveals a property with a current list price of $459,900, which is 4% above the estimated $438,845 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Lancaster Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45439 Lorimer Avenue Subject | $459,900* List Price | 5 | 3 | 1,430 | $307 | - |
A 1258 W Avenue H6 Sold | $475,000 | 3 | 2 | 1,590 | $299 | 0.5 mi |
B 45329 Lorimer Avenue Sold | $400,000 | 3 | 2 | 1,352 | $296 | 0.1 mi |
C 727 W Ave H8 Sold | $580,000 | 4 | 3 | 1,572 | $369 | 0.9 mi |
D 45209 Lorimer Avenue Sold | $444,000 | 3 | 2 | 1,593 | $279 | 0.3 mi |
E 45550 Fairbanks Avenue Sold | $430,000 | 4 | 2 | 1,566 | $275 | 0.2 mi |
F 1408 W Avenue H15 Active | $409,900 List Price | 4 | 2 | 1,444 | $284 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1957, this property has undergone extensive and recent renovations, totaling over $50,000 in upgrades within the last 1-2 years. Key updates include a new roof (last year), an upgraded electrical panel (11-2022), a 2-year-old evaporator cooler, fresh laminate flooring, fresh paint, new sinks with stylish tile backsplashes in the bathrooms, a new refrigerator, and new washer/dryer. Crucially, it features a brand-new, fully permitted Mother-in-law suite with its own full bath. While the kitchen cabinetry style is not ultra-modern, all major systems and many cosmetic components are new or virtually new, meeting current quality standards for functionality and safety. The property is presented as move-in ready with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Recent Upgrades
Over $50k in recent upgrades including a new roof, upgraded electrical panel, new flooring, paint, bathroom fixtures, and kitchen appliances, ensuring a move-in ready condition.
- Strong Income Potential & Versatility
Features a fully permitted Mother-in-law suite with a full bath and is currently generating $3,700/month in rental income, offering significant investment appeal or multi-generational living options.
- Strategic Location with Amenities
Conveniently located with easy freeway access to major attractions, dining, shopping, and entertainment, enhancing lifestyle and desirability.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1957, the property's age, despite significant upgrades, may raise concerns about original infrastructure or require ongoing maintenance typical of older homes.
- Evaporative Cooling System
The property utilizes an evaporative cooler, which may not provide the same level of comfort or efficiency as central air conditioning, particularly during peak summer months in a desert climate.
- Tenant Occupancy
Currently tenant-occupied, which could present challenges for immediate owner occupancy, property showings, or require careful management of the existing lease agreement.
About 45439 Lorimer Avenue
**$20k Price Reduction*** ***Currently being rented with tenants at $3,700 per month*** Welcome to your snazzy new starter palace! With a jaw-dropping $50k in upgrades, this beauty boasts a fully permitted carport with a swanky automatic NEW garage door opener. NEW STORAGE? SHED! There's even a brand-new, fully permitted Mother-in-law suite, perfectly tucked away with its own full bath—ideal for surprise visits! Step inside to be greeted by fresh laminate flooring, a fresh coat of paint, and two bathrooms sporting new sinks with stylish tile shower backsplashes. The kitchen? NEW FRIDGE. It's a cavern of cabinetry! The 5th bedroom is so spacious, it comes with its own office and a walk-in closet fit for royalty. Enjoy your privacy with block walls all around. A new roof was added last year, and the evaporator cooler is just two years young. NEW WASHER & DRYER that come with the home! The electrical panel box was upgraded in 11-2022. You'll have a freeway hop and skip to all your favorites like the NEW AV SOCCER ARENA, IN-N-OUT, STARBUCKS, PANDA EXPRESS, grocery stores, and Cinemark 22 for epic movie nights. This upgraded, move-in ready starter home is a MUST SEE!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 92% |
| Baths | 3.0 | 2.0 | 81% |
| Square foot | 1,430 | 1,387 | 53% |
| Lot Size | 6,534 | 6,971 | 43% |
| Price | $459.9K | $410.0K | 76% |
| Price per sq ft | $322 | $297 | 72% |
| Built year | 1957 | 1957 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 271 | 195 | 88% |
Pricing History
Listed for Sale
Sep 18, 2025
$459,900
Initial Listing
Price Change
Jun 8, 2025
$479,900
Initial Listing