4803 W Ave L8, Lancaster, California 93536, Lancaster, 93536 - 2 bed, 2 bath
ACTIVE UNDER CONTRACT$450,000$983/sqft
Est. Value: $473,268
5%
BelowEstimate
4803 W Ave L8, Lancaster, California 93536
2Beds
2Baths
983Sqft
23,958Lot
Price Vs. Estimate
The estimated value ($473,267.725) is $23,267.725 (5%) higher than the list price ($450,000). This property may be underpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23958, living area = 983.
Top Cons:
Limited Main House Living Space: The main house is relatively small at 983 sqft with only 2 bedrooms and 1.5 bathrooms, which may be restrictive for larger families or those desiring more expansive living areas.
Compared to the nearby listings
Price:$450.0K vs avg $550.0K ($-100,000)15%
Size:983 sqft vs avg 2,131 sqft2%
Price/sqft:$458 vs avg $26399%
More Insights
Built in 1954 (72 years old).
Condition: The property, built in 1954, is aged but has received several updates. It features a new roof and fresh exterior landscaping. While the main house kitchen and full bathroom are significantly outdated (e.g., pink tiled shower, older kitchen cabinets and appliances), other areas of the main house have updated laminate flooring and appear well-maintained. The separate guest house is a more recent addition/renovation, offering a clean, functional kitchen and bathroom. The property is livable and functional, but the main house's kitchen and primary bathroom require substantial aesthetic updates to meet modern standards, aligning with the 'aged but maintained through regular upkeep and occasional updates' criteria for a 'Fair' rating.
Year Built
1954
Close
-
List price
$450K
Original List price
$450K
Price/Sqft
$458
HOA
-
Days on market
-
Sold On
-
MLS number
SR25250172
Home ConditionFair
Features
Patio
ViewNeighborhood
About this home
Spacious Quartz Hill Property on a Double Lot! Nestled in the heart of Quartz Hill, this expansive property offers incredible space and versatility. Two lots have been thoughtfully combined under one APN, creating a generous homesite with endless possibilities. The main house features 2 bedrooms and 1.5 bathrooms, complemented by a new roof and fresh turf landscaping in the backyard with a gazebo for outdoor lounging. Enjoy plenty of storage, a gated dog run, and secure access throughout. A charming guest house includes its own kitchen and full bathroom—perfect for extended family, guests, or rental income potential. The property also boasts a spacious driveway with an automatic security gate leading to the backyard, covered parking for two cars, separate covered RV parking for two vehicles, and an in-ground RV waste outlet for added convenience.
J
Juliette Loong
Listing Agent
Condition Rating
Fair
The property, built in 1954, is aged but has received several updates. It features a new roof and fresh exterior landscaping. While the main house kitchen and full bathroom are significantly outdated (e.g., pink tiled shower, older kitchen cabinets and appliances), other areas of the main house have updated laminate flooring and appear well-maintained. The separate guest house is a more recent addition/renovation, offering a clean, functional kitchen and bathroom. The property is livable and functional, but the main house's kitchen and primary bathroom require substantial aesthetic updates to meet modern standards, aligning with the 'aged but maintained through regular upkeep and occasional updates' criteria for a 'Fair' rating.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23958, living area = 983.
Expansive Double Lot & Versatility: The property sits on a generous 23,958 sqft double lot, offering significant space for various uses, potential expansion, or future development.
Income-Generating Guest House: A charming guest house with its own kitchen and full bathroom provides excellent flexibility for extended family, guests, or potential rental income.
Extensive Parking & RV Amenities: Features covered parking for two cars, separate covered RV parking for two vehicles, and an in-ground RV waste outlet, catering to specific lifestyle needs and storage.
Recent Exterior Upgrades: The main house benefits from a new roof and fresh turf landscaping in the backyard with a gazebo, enhancing curb appeal and reducing immediate maintenance concerns.
Enhanced Security Features: An automatic security gate for the spacious driveway and secure access throughout the property provide an added layer of privacy and peace of mind.
Cons
Limited Main House Living Space: The main house is relatively small at 983 sqft with only 2 bedrooms and 1.5 bathrooms, which may be restrictive for larger families or those desiring more expansive living areas.
Age of Main Structure: Built in 1954, the primary residence is an older property, which could imply potential for dated interior systems or finishes not explicitly mentioned as updated, potentially incurring future renovation costs.
Basic View: The property offers a 'Neighborhood' view, which is not a premium or highly desirable feature compared to more scenic mountain, city, or water views, potentially limiting its appeal to some buyers.