45446 10th W Street W, Lancaster, California 93534, Lancaster, 93534 - 3 bed, 2 bath
ACTIVE$365,000$988/sqft
Est. Value: $291,807
-20%
AboveEstimate
45446 10th W Street W, Lancaster, California 93534
3Beds
2Baths
988Sqft
7,230Lot
Price Vs. Estimate
The estimated value ($291,807) is $73,193 (20%) lower than the list price ($365,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7230, living area = 988.
Top Cons:
Age of Property & Potential Deferred Maintenance: Built in 1954, the property is 70 years old. While some cosmetic updates are noted, there's no mention of major system upgrades (e.g., HVAC, plumbing, electrical, roof), suggesting potential for deferred maintenance or future capital expenditures.
Compared to the nearby listings
Price:$365.0K vs avg $422.0K ($-57,000)17%
Size:988 sqft vs avg 1,420 sqft8%
Price/sqft:$369 vs avg $30290%
More Insights
Built in 1954 (72 years old).
Condition: The property, built in 1954, is 70 years old. While it features some cosmetic updates like double-pane windows and laminate flooring, the kitchen and bathrooms are severely outdated and show significant wear and tear. The kitchen has old, peeling cabinets, dated appliances, and worn countertops. The bathroom features old tiles, fixtures, and a basic, worn tub. The presence of wall-mounted heaters suggests an outdated heating system and likely no central air conditioning. These critical areas require substantial rehabilitation to meet modern standards, aligning with the 'poor' condition criteria.
Year Built
1954
Close
-
List price
$365K
Original List price
$365K
Price/Sqft
$369
HOA
-
Days on market
-
Sold On
-
MLS number
SR25157368
Home ConditionPoor
Features
View-
About this home
WOW great opportunity for Buyer or Investor on this One Story, 3 bedroom 2 bath Home Situated on an R3 Lot. House has Double Pane windows, beautiful wood plank ceiling, tile floors in Kitchen and Dining Area and Laminate floors throughout. Home has detached one car garage with Alley Access and rear yard gate for RV or Addition. Do not Miss this One.
W
William Guerrero
Listing Agent
Nearby schools
3/10
Mariposa Elementary School
Public,•K-6•0.3mi
3/10
Piute Middle School
Public,•6-8•1.4mi
2/10
Antelope Valley High School
Public,•9-12•1.2mi
Condition Rating
Poor
The property, built in 1954, is 70 years old. While it features some cosmetic updates like double-pane windows and laminate flooring, the kitchen and bathrooms are severely outdated and show significant wear and tear. The kitchen has old, peeling cabinets, dated appliances, and worn countertops. The bathroom features old tiles, fixtures, and a basic, worn tub. The presence of wall-mounted heaters suggests an outdated heating system and likely no central air conditioning. These critical areas require substantial rehabilitation to meet modern standards, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7230, living area = 988.
R3 Zoning & Investment Potential: The property is situated on an R3 zoned lot, offering significant opportunities for investors to potentially develop multi-family units or expand, explicitly highlighted as a 'great opportunity for Buyer or Investor'.
Key Interior Upgrades: The home features desirable updates including double-pane windows for energy efficiency, a unique wood plank ceiling, and updated flooring with tile in the kitchen/dining area and laminate throughout, enhancing its aesthetic and comfort.
Versatile Lot Access & Use: Alley access and a rear yard gate provide excellent flexibility for RV parking or potential future additions, adding significant utility and value to the property.
Single-Story Layout: The single-story design offers broad appeal, providing ease of access and a convenient layout suitable for various buyer demographics, including those seeking accessibility.
Proximity to Elementary School: Located just 0.32 miles from Mariposa Elementary School, this property offers a significant advantage for families with young children, providing convenient access to education.
Cons
Age of Property & Potential Deferred Maintenance: Built in 1954, the property is 70 years old. While some cosmetic updates are noted, there's no mention of major system upgrades (e.g., HVAC, plumbing, electrical, roof), suggesting potential for deferred maintenance or future capital expenditures.
Compact Living Space: With 988 sqft for 3 bedrooms and 2 bathrooms, the interior living space is relatively small, which might not appeal to buyers seeking more spacious accommodations.
Lower-Rated Schools: The local schools (Elementary, Middle, High) have ratings of 2 or 3, which could be a deterrent for families prioritizing highly-rated educational institutions.