45528 3rd Street E, Lancaster, California 93535, Lancaster, 93535 - 4 bed, 2 bath
45528 3rd Street E
Lancaster, California 93535
Property Price
SUMMARY
Analysis of 45528 3rd Street E, Lancaster, California 93535 reveals a Fairly Priced Property with a current list price of $390,000 aligned with the estimated $390,067 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 45528 3rd Street E Subject | $390,000* List Price | 4 | 2 | 1,229 | $317 | - |
A 45567 Andale Avenue Sold | $405,000 | 4 | 2 | 1,246 | $325 | 0.4 mi |
B 45431 Sancroft Avenue Sold | $430,000 | 4 | 2 | 1,425 | $302 | 0.3 mi |
C 44961 E 5th St E Sold | $292,000 | 4 | 2 | 1,248 | $234 | 0.7 mi |
D 45561 Rodin Avenue Sold | $375,000 | 4 | 2 | 1,246 | $301 | 0.4 mi |
E 416 E Kildare Street Active | $425,000 List Price | 4 | 2 | 1,248 | $341 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1956, this property is characterized by vintage infrastructure and dated exterior features. While the home appears to be maintained through regular upkeep, there is no evidence of recent major renovations to the kitchen, bathrooms, or major systems. The property fits the 'fair' criteria as an aged home that is functional but requires modernization to meet current aesthetic and energy standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Bedroom Count
With 4 bedrooms, this home offers a versatile layout that is highly attractive for larger families or investors looking to maximize rental income in the Lancaster market.
- Enhanced Outdoor Living
The combination of a spacious 6,513 sqft lot and an enclosed patio provides significant additional usable space for recreation and private outdoor entertainment.
- Exceptional School Proximity
The property is ideally situated for families, located just 0.1 miles from Piute Middle School and within walking distance of both the local elementary and high schools.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The assigned public schools carry low performance ratings (ranging from 2 to 3 out of 10), which may impact the property's appeal to education-focused buyers.
- Vintage Infrastructure
Built in 1956, the property may require significant capital improvements to modernize major systems and finishes to meet contemporary energy and aesthetic standards.
About 45528 3rd Street E
Coming Soon! 4-bedroom, 1-bath home with an enclosed patio and a spacious backyard.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 6,513 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 • 0.8 mi
Piute Middle School
Grades 6-8 • 0.1 mi
Antelope Valley High School
Grades 9-12 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,229 | 1,633.5 | 13% |
| Lot Size | 6,513 | 7,060.5 | 23% |
| Price | $390.0K | $440.0K | 21% |
| Price per sq ft | $317 | $266 | 81% |
| Built year | 1956 | 1988 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 178 | 1% |
Pricing History
Listed for Sale
Mar 2, 2026
$390,000
Initial Listing
Sold
Nov 16, 2022
$330,000
Public Record
Sold
Apr 6, 2020
$238,000
Public Record
Sold
Feb 22, 2013
$75,000
Public Record