46630 172nd E, Lancaster, California 93535, Lancaster, 93535 - 2 bed, 1 bath
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Lancaster, California 93535
Analysis of 46630 172nd E, Lancaster, California 93535 is currently available with a list price of $169,900. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1958, this property is restricted to a 'Cash Only' transaction, which is a primary indicator that the home is in a condition that does not meet traditional lending standards for habitability. The exterior images show a weathered, dated structure with significant deferred maintenance. Given the age, the lack of reported renovations, and the massive price reduction compared to its 2023 sale price, the property likely requires substantial repairs to its major systems, kitchen, and bathroom.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 240928, living area = 840.
The property sits on a massive 240,928 square foot lot (over 5.5 acres), offering exceptional privacy and significant potential for land development or agricultural use.
Listed at $193,900, the property is priced significantly below its 2023 sale price of $398,000, representing a substantial equity opportunity for investors.
The restriction to cash-only transactions significantly limits the pool of potential buyers by excluding those who require traditional mortgage financing.
With only 840 square feet of living area, the home's small footprint may be a drawback for families or buyers seeking more interior room and storage.
Great Opportunity to own this single-family home built in 1958 featuring 2 bedrooms and 1 bathrooms. ***SPECIAL NOTES: (1) This is a CASH ONLY transaction. (2) Seller to pay Taxes, HOA, and Municipal/Utility Liens.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 4% |
| Baths | 1.0 | 2.0 | 4% |
| Square foot | 840 | 1,605 | 1% |
| Lot Size | 240,928 | 7,088 | 99% |
| Price | $169.9K | $440.0K | 1% |
| Price per sq ft | $202 | $265 | 17% |
| Built year | 1958 | 1988 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 182 | 4% |
Apr 17, 2026
$169,900
$193,900
-12% Price Drop
Initial Listing
Feb 24, 2026
$193,900
Initial Listing
Jul 11, 2023
$398,000
Public Record
Oct 9, 2019
$215,000
Public Record