5056 W Avenue K12, Lancaster, California 93536, Lancaster, 93536 - 3 bed, 2 bath
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Lancaster, California 93536
This West Lancaster Fixer is a specialized Value-Add Asset listed at $375,000, currently positioned above the $311,361 Fair Market Value. While the property carries a Fixer Condition Rating and requires significant rehabilitation, the primary value is found in the Expansive 1.25-Acre Lot featuring Mountain Views and significant ADU Potential. Situated in the Antelope Valley Union High School District, the site offers versatile utility for animal husbandry or heavy equipment storage. This "as-is" cash-preferred sale is an ideal acquisition for Cash Investors or Contractors seeking a high-utility land play.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5056 W Avenue K12 Subject | $375,000* List Price | 3 | 2 | 952 | $327 | - |
A 43324 45th Street W Sold | $460,000 | 3 | 3 | 1,240 | $371 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1955 property is explicitly marketed as a 'fixer' and sold 'as-is,' with a preference for cash offers, indicating it may not meet standard financing requirements. While the kitchen features a newer range and some rooms have updated laminate flooring, the overall condition shows significant wear, including damaged walls, peeling paint, and outdated heating systems. Substantial rehabilitation is required to modernize the home and address deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 54742, living area = 952.
The property sits on a generous 1.25-acre lot, providing ample space for animal husbandry, heavy equipment storage, or large vehicles like trucks and tractors.
With over 54,000 square feet of land, there is significant potential for the addition of an Accessory Dwelling Unit (ADU) or further expansion of the existing structure.
Explicitly listed as a 'fixer' and sold in 'as-is' condition, the 1955-built home will likely require a substantial capital investment for repairs and modernization.
The preference for cash offers and the property's current condition may pose challenges for buyers seeking traditional financing, such as FHA or VA loans.
West Lancaster Fixer on 1.25 acres. This 3 bedroom, 2 bath home has many possibilities. It could be a great starter home, especially if you're looking for some land for animal and or work equipment... Trucks, Tractors, Trailer... 1.25 Acres!! Or, for business owners... Rent the home and store your Work Equipment in the back or ... other possibilities. The home does have an attached 2 car Garage, Kitchen, Dining area, Living Room with a Wood Burning Fireplace, 3 bedrooms and 1.5 baths. Good potential for ADU. Property being sold strictly 'AS-IS'! Current aerial maps shoe debris in the back, it has all been removed! Check it out!! CASH Preferred! Buyer to Verify All!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 952 | 1,974 | 2% |
| Lot Size | 54,742 | 9,355 | 91% |
| Price | $375.0K | $535.0K | 3% |
| Price per sq ft | $394 | $274 | 95% |
| Built year | 1955 | 1991 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 184 | 0% |
Apr 11, 2026
$375,000
Initial Listing