49019 120th Street E, Lancaster, California 93535, Lancaster, 93535 - 6 bed, 2 bath
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Lancaster, California 93535
Analysis of 49019 120th Street E, Lancaster, California 93535 is currently available with a list price of $544,000. 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.
The property, built in 1956, is explicitly stated to be 'in need of work' and requires 'significant renovation.' While the main house features a recently updated kitchen with modern appliances and a renovated bathroom, the second dwelling (ADU) and numerous outbuildings are significantly older and appear to be in a state of disrepair or very dated. The overall condition of the 10-acre lot, including animal pens and sheds, suggests substantial rehabilitation is needed beyond minor updates. The presence of basic wall-mounted heaters in the main house also indicates that major systems may be outdated or require significant upgrades for the property as a whole.
A substantial 10.09-acre lot provides ample space, privacy, and potential for various uses, including agricultural or recreational activities.
The property includes two homes with separate addresses (main home and ADU), offering significant income generation opportunities or flexible multi-generational living arrangements.
Equipped with numerous animal pens, outbuildings, sheds, and barns, along with water and electricity provided around the property, it is ideally suited for animal husbandry or agricultural pursuits.
The property is explicitly stated to be 'in need of work,' indicating a substantial investment of time and capital for necessary repairs, upgrades, and modernization.
Built in 1956, the main structures are older, which may lead to outdated systems, potential for costly maintenance, and a need for comprehensive modernization to meet current standards.
With multiple structures, outbuildings, and extensive acreage, the property likely requires considerable ongoing maintenance and upkeep, which could be a significant commitment for a new owner.
Two homes on a huge 10.09 acre lot. This property contains 2 address one for the ADU and one for the main home. Large trees, shrubs. Many animal pens to bring all your animals. There are out buildings, sheds and barns. Water and electric provided around the property. The property is in need of work.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 2.0 | 86% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,984 | 1,975 | 57% |
| Lot Size | 439,520.406 | 40,655 | 86% |
| Price | $544.0K | $544.0K | 50% |
| Price per sq ft | $274 | $284 | 43% |
| Built year | 1956 | 1955 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 96 | 138 | 14% |
Mar 4, 2026
$544,000
$549,000
-1% Price Drop
Initial Listing
Jan 16, 2026
$549,000
Initial Listing
Nov 30, 2020
$469,500
Public Record
Apr 19, 2018
$50,000
Public Record