
Lancaster, California 93535
This Value-Add Residential Asset is listed at $390,000, aligning with its $383,839 Fair Market Value to provide a stable entry point into the Lancaster market. Boasting a Condition Rating of 4, the 1956 structure requires updates to its aging infrastructure but offers a functional 4-bedroom, 2-bathroom layout. Key highlights include a 6,513 sqft lot, an enclosed patio, and proximity to Piute Middle School in the Antelope Valley Union district. This property represents a strategic opportunity for Fix-and-Flip Investors or Contractors seeking to build equity through renovation.
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 | $312 | - |
A 45408 Raysack Sold | $287,000 | 4 | 2 | 1,244 | $231 | 0.3 mi |
B 45461 3rd E Sold | $365,000 | 4 | 2 | 1,543 | $237 | 0.1 mi |
C 44961 E 5th St E Sold | $292,000 | 4 | 2 | 1,248 | $234 | 0.7 mi |
D 333 E Kildare Sold | $402,000 | 4 | 2 | 1,485 | $271 | 0.7 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.
Property is moderate renovation needed.
Built in 1956, this property falls into the fair category as it shows signs of aging infrastructure and requires cosmetic and system updates to meet modern standards. While the exterior appears maintained, the listing analysis highlights the need for significant updates to core systems. The home is functional but reflects its age with no evidence of a recent comprehensive renovation.
Priced at $390,000 for a 4-bedroom residence, this property offers an accessible entry point into the Southern California market, making it an attractive option for first-time homebuyers or investors.
The property features a generous 6,513 sqft lot with a spacious backyard and an enclosed patio, providing versatile areas for outdoor living, recreation, or potential expansion.
The home is exceptionally well-located for families, situated just 0.1 miles from Piute Middle School and within a mile of both the local elementary and high schools.
Built in 1956, the home may require significant updates to its core systems and cosmetic finishes to meet modern standards and improve energy efficiency.
The assigned public schools have low performance ratings (2/10 and 3/10), which may be a concern for education-focused buyers and could impact long-term resale value.
Coming Soon! 4-bedroom, 1-bath home with an enclosed patio and a spacious backyard.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 0.1 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,229 | 1,605 | 15% |
| Lot Size | 6,513 | 7,084 | 21% |
| Price | $390.0K | $440.0K | 22% |
| Price per sq ft | $317 | $266 | 81% |
| Built year | 1956 | 1988 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 182 | 2% |
Mar 2, 2026
$390,000
Initial Listing
Nov 16, 2022
$330,000
Public Record
Apr 6, 2020
$238,000
Public Record
Feb 22, 2013
$75,000
Public Record