45514 12th Street, Lancaster, California 93534, Lancaster, 93534 - 4 bed, 2 bath
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Lancaster, California 93534
This property presents a High-Potential Investment Opportunity with a List Price of $439,999—positioned well below the $397,504 Fair Market Value by -10%. Featuring a Condition Rating of 3, the home offers significant value-add potential through its large 6,636 sqft lot and detached garage, perfect for an ADU conversion. While school ratings are modest, the recent Granite Kitchen and interior updates provide a functional, move-in-ready base. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a versatile, customizable asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45514 12th Street Subject | $439,999* List Price | 4 | 2 | 1,287 | $309 | - |
A 1203 W Avenue H8 Sold | $415,000 | 4 | 2 | 1,323 | $314 | 0.1 mi |
B 1209 W Avenue H8 Sold | $405,000 | 4 | 2 | 1,287 | $315 | 0.1 mi |
C 734 W Avenue H2 Sold | $420,000 | 4 | 2 | 1,389 | $302 | 0.6 mi |
D 1329 Indian Sage Sold | $379,900 | 3 | 2 | 1,220 | $311 | 0.3 mi |
E 1368 Indian Sage Active | $425,000 List Price | 3 | 2 | 1,181 | $360 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1955, the home has undergone recent cosmetic renovations including new laminate flooring, fresh paint, and a kitchen refresh with granite countertops and stainless steel appliances. The property is functional and move-in ready, though the bathrooms remain dated and the cooling system appears to be an older evaporative cooler.
The home features significant recent improvements including new flooring throughout, fresh interior paint, modern recessed lighting, and a kitchen upgraded with granite countertops, offering a move-in-ready aesthetic.
The property boasts a detached rear garage and a spacious 6,636 sqft lot, providing a prime opportunity for an Accessory Dwelling Unit (ADU) conversion or future structural expansion to increase value.
With 4 bedrooms and 2 bathrooms, this property offers a versatile layout that is highly attractive for larger families or investors looking to maximize rental income potential.
The local public schools assigned to this address have low performance ratings (ranging from 2 to 3), which may be a significant drawback for families prioritizing education quality.
Fitting 4 bedrooms into 1,287 square feet suggests that individual room sizes may be quite small, potentially making the living spaces feel cramped compared to modern 4-bedroom standards.
WELCOME TO THIS BEAUTIFUL and spacious 4-bedroom, 2-bathroom home offering incredible potential for an ADU or future expansion. The property features a detached rear garage and a large lot, providing plenty of space for additional projects and customization. The home has been recently updated with new flooring throughout, fresh interior paint, newly installed modern recessed lighting, and a spacious kitchen featuring beautiful granite countertops. Conveniently located near restaurants, shopping centers, schools, and with easy freeway access, this property combines comfort, convenience, and future potential. Don’t miss this great opportunity to make this property your new home!
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 59% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,287 | 1,388 | 39% |
| Lot Size | 6,636 | 7,000 | 36% |
| Price | $440.0K | $412.0K | 67% |
| Price per sq ft | $342 | $294 | 80% |
| Built year | 1955 | 1956 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 149 | 1% |
May 13, 2026
$439,999
Initial Listing
Jan 11, 2024
$407,000
Public Record
Jul 12, 2019
$240,000
Public Record
Dec 3, 1999
$77,000
Public Record
Sep 2, 1999
$54,500
Public Record