
Lancaster, California 93534
This Spacious West Lancaster Residence is a Prime Investment Opportunity listed at $490,000—positioned well below the $509,361 Fair Market Value by 3%. This valuation gap offers $19,361 in Instant Equity. Maintaining a Fair Condition Rating, the home features wood-look tile and a versatile loft with fourth-bedroom potential. Located in the Lancaster School District, the property includes a private backyard with a patio. This is a strategic find for Owner-Occupants or Buy-and-Hold Investors seeking a move-in-ready asset with appreciation upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45614 Barham Subject | $490,000* List Price | 3 | 3 | 2,220 | $221 | - |
A 1562 W Avenue H4 Sold | $505,000 | 5 | 3 | 2,122 | $238 | 0.3 mi |
B 45620 17th W Sold | $529,000 | 4 | 3 | 2,569 | $206 | 0.2 mi |
C 1800 Windermere Drive Sold | $500,000 | 3 | 2 | 1,880 | $266 | 0.5 mi |
D 45728 Barham Sold | $525,000 | 4 | 3 | 2,569 | $204 | 0.2 mi |
E 45629 Barham Avenue Sold | $389,500 | 3 | 2 | 1,791 | $217 | 0.0 mi |
F 1759 W Avenue H5 Sold | $434,000 | 3 | 2 | 1,880 | $231 | 0.4 mi |
G 1840 W Holguin Active | $480,000 List Price | 3 | 2 | 1,880 | $255 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, this property is well-maintained and move-in ready but shows its age through original finishes. While the first floor features updated wood-look tile flooring and recessed lighting, the kitchen and bathrooms remain largely original with oak cabinetry, white tile countertops, and older white appliances. Per the criteria, it fits the 'fair' category as it is over 20 years old with functional but outdated major components that have not undergone a full recent renovation.
The upstairs loft offers significant flexibility, easily serving as a fourth bedroom, home office, or playroom to accommodate growing families.
The kitchen is well-equipped for entertaining with a center island, ample cabinetry, and a large walk-in pantry, providing excellent storage and workspace.
Situated in the desirable West Lancaster area, the home is tucked away from highway noise while remaining conveniently close to local amenities.
With only three dedicated bedrooms, the home may be less competitive for buyers specifically requiring four or more enclosed sleeping areas.
Built in 2002, some interior finishes like the tile flooring and cabinetry may require updates to meet the preferences of buyers seeking a contemporary aesthetic.
While marketed as a 'steal,' the $490,000 price point faces stiff competition from newer developments or fully renovated properties in the Lancaster area.
**West Lancaster Beauty – A Real Steal!** Perfectly located close to everything—yet tucked away from noisy highways—this clean and sharp home offers comfort, space, and style in a quiet neighborhood with great neighbors. Venture inside to an inviting open floor plan featuring gorgeous tile throughout the first floor, recessed lighting, and a custom fireplace that anchors the living space. The spacious kitchen boasts ample cabinetry, a center island, and a super walk-in pantry. Upstairs, a versatile loft separates the private primary suite from the secondary bedrooms, creating the perfect layout. The loft can easily serve as a 4th sleeping area, home office, playroom, or craft space. The primary suite offers his-and-hers vanities, a large soaker tub/shower combo, and a huge walk-in closet. Enjoy outdoor living with a generous patio, large and very private back and side yards, and a mature shade tree. Additional highlights include a 2-car garage with direct access and remote entry. This one checks all the boxes—and at this price, it will not last!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 82% |
| Square foot | 2,220 | 1,364 | 92% |
| Lot Size | 6,589 | 7,000 | 41% |
| Price | $490.0K | $400.0K | 83% |
| Price per sq ft | $221 | $295 | 10% |
| Built year | 2002 | 1956 | 92% |
| HOA | $0 | $0 | 50% |
| Days on market | 68 | 166 | 8% |
Feb 13, 2026
$490,000
Initial Listing
Nov 29, 2022
$446,818
Public Record
Aug 14, 2014
$199,000
Public Record
Dec 30, 2010
$146,000
Public Record
Mar 29, 2005
$319,000
Public Record