
Lancaster, California 93535
This Value-Add Residential Asset is listed at $390,000, positioned near its $297,367 Fair Market Value after a recent price reduction. With a Condition Rating of 5, the 1957-built home requires comprehensive rehabilitation to modernize its dated interior and original systems. The property offers a high-utility layout featuring 4 bedrooms, a sunroom, a patio, and a versatile bonus room. Located steps from Piute Middle School and within the Antelope Valley Union district near Linda Verde Elementary, this project represents a strategic opportunity for Fix-and-Flip Investors or Contractors to drive forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45529 Sancroft Avenue Subject | $390,000* List Price | 4 | 2 | 1,246 | $239 | - |
A 45408 Raysack Sold | $287,000 | 4 | 2 | 1,244 | $231 | 0.2 mi |
B 44961 E 5th St E Sold | $292,000 | 4 | 2 | 1,248 | $234 | 0.7 mi |
C 855 Lightcap Street Sold | $380,000 | 4 | 2 | 1,323 | $287 | 0.9 mi |
D 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 extensive renovation needed.
Built in 1957, this property is significantly aged and shows extensive wear and tear throughout. The kitchen features very dated cabinets, laminate countertops, and older black appliances, indicating a lack of modern updates. The bathrooms are also severely outdated with basic vanities, old fixtures, and worn tile in the shower. Flooring consists of stained carpets and older tiles. The overall condition suggests substantial rehabilitation is required to address the outdated aesthetics and functional components, aligning with the 'poor' category.
The property boasts a bright sunroom and a versatile bonus room, offering excellent flexibility for a 5th bedroom, home office, or entertainment area, catering to diverse buyer needs.
With 4 bedrooms and 2 bathrooms, this home provides substantial living space, making it highly suitable for families or those requiring extra rooms.
Strategically located near shopping centers and schools, the property offers exceptional convenience for daily errands and family activities.
Built in 1957, the home is older, and the phrase 'ready for your personal touch' suggests that significant modernization and renovation investments may be necessary to update its aesthetics and functionality.
The description does not highlight any recent renovations or contemporary features, implying that the interior may be dated and require substantial upgrades to meet current market expectations.
The property explicitly states 'view: None,' which could be a disadvantage for buyers who prioritize scenic or desirable outdoor vistas.
Spacious 4-Bedroom Home with Bonus Room in Lancaster! Welcome to this charming 4-bedroom, 2-bath home featuring a bright sunroom and a versatile bonus room—perfect for a 5th bedroom, home office, or entertainment space. With ample living space and endless potential, this home is ready for your personal touch to make it truly your own. Conveniently located near shopping centers and schools, it’s an excellent opportunity for families or investors alike.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 0.2 mi
Grades 9-12 • 0.9 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 | 1,246 | 1,605 | 17% |
| Lot Size | 6,514 | 7,084 | 22% |
| Price | $390.0K | $440.0K | 22% |
| Price per sq ft | $313 | $266 | 78% |
| Built year | 1957 | 1988 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 336 | 182 | 96% |
Sep 18, 2025
$390,000
Initial Listing
May 21, 2025
$410,000
Initial Listing