49019 120th Street E, Lancaster, California 93535, Lancaster, 93535 - 6 bed, 2 bath
49019 120th Street E
Lancaster, California 93535
Property Price
SUMMARY
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.
Condition Analysis
OVERALL CONDITION SCORE
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 The presence of basic wall-mounted heaters in the main house also indicates that major systems may be outdated or require significant upgrades for the property as a whole.
PROSSTRENGTHS & OPPORTUNITIES
- Expansive Acreage
A substantial 10.09-acre lot provides ample space, privacy, and potential for various uses, including agricultural or recreational activities.
- Multi-Unit Potential
The property includes two homes with separate addresses (main home and ADU), offering significant income generation opportunities or flexible multi-generational living arrangements.
- Agricultural/Equestrian Suitability
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.
CONSRISKS & DEFICIENCIES
- Significant Renovation Required
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.
- Age of Construction
Built in 1956, the main structures are older, which may lead to outdated systems, potential for costly maintenance, and a need for comprehensive modernization to meet current standards.
- Potential for High Maintenance
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.
About 49019 120th Street E
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.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1956
- Lot Size
- 439,520.406 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| 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 | 49 | 91 | 14% |
Pricing History
Listed for Sale
Mar 4, 2026
$544,000
$549,000
-1% Price Drop
Initial Listing
Price Change
Jan 16, 2026
$549,000
Initial Listing
Sold
Nov 30, 2020
$469,500
Public Record
Sold
Apr 19, 2018
$50,000
Public Record