5122 W Avenue L10, Lancaster, California 93536, Lancaster, 93536 - 3 bed, 2 bath

5122 W Avenue L10, Lancaster, California 93536 home-pic-0
ACTIVE$435,000
5122 W Avenue L10, Lancaster, California 93536
3Beds
2Baths
1,215Sqft
16,454Lot

Price Vs. Estimate

Estimation data not available

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 = 16454, living area = 1215.
Top Cons:
Age and Condition: Built in 1957, the property is an older home described as a 'light fixer,' indicating that significant updates and renovations will likely be required.

Compared to the nearby listings

Price:$435.0K vs avg $551.8K ($-116,750)12%
Size:1,215 sqft vs avg 2,135.5 sqft8%
Price/sqft:$358 vs avg $26693%

More Insights

Built in 1957 (68 years old).
Condition: Built in 1957, this property is described as a 'light fixer' with 'solid bones,' indicating structural integrity but a significant need for interior updates. The kitchen features very dated painted cabinets, old laminate countertops, and older appliances (built-in oven, white dishwasher), requiring a full renovation to meet modern standards. The bathroom shower, while tiled, also appears dated in style. While some newer laminate flooring is present in parts of the home, the overall aesthetic and functional condition of the kitchen and bathrooms suggest they were last updated 30-50 years ago, or even earlier, and are now very uncomfortable for contemporary living without substantial rehabilitation. This aligns with the 'Poor' category, which indicates substantial repairs and rehabilitation are needed for major components, even if structural integrity is sound.
Year Built
1957
Close
-
List price
$435K
Original List price
$435K
Price/Sqft
$358
HOA
-
Days on market
-
Sold On
-
MLS number
25629347
Home ConditionPoor
Features
Patio
View-

About this home

Set on an oversized lot of over 16,000 sq ft in desirable Quartz Hills, this 3-bedroom, 2-bath home offers space, location, and future potential. The residence features approximately 1,215 sq ft with a bright interior, functional floor plan, and solid bones. This is a light fixer, perfect for buyers looking to update and personalize while building equity over time. The large backyard provides ample room for outdoor living or future improvements. Additional highlights include a long driveway, welcoming front porch, a separate shed, and a convenient location near parks, shopping, and within the Westside Union School District. A smart opportunity for homeowners and investors alike.

Price History

Date
Event
Price
04/12/21
Sold
$345,000
06/17/09
Sold
$98,000
Condition Rating
Poor

Built in 1957, this property is described as a 'light fixer' with 'solid bones,' indicating structural integrity but a significant need for interior updates. The kitchen features very dated painted cabinets, old laminate countertops, and older appliances (built-in oven, white dishwasher), requiring a full renovation to meet modern standards. The bathroom shower, while tiled, also appears dated in style. While some newer laminate flooring is present in parts of the home, the overall aesthetic and functional condition of the kitchen and bathrooms suggest they were last updated 30-50 years ago, or even earlier, and are now very uncomfortable for contemporary living without substantial rehabilitation. This aligns with the 'Poor' category, which indicates substantial repairs and rehabilitation are needed for major components, even if structural integrity is sound.
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 = 16454, living area = 1215.
Large Lot Size: The property boasts an oversized lot of over 16,000 sq ft, providing ample space for outdoor living, potential expansion, or future improvements.
Desirable Location: Located in the desirable Quartz Hills area, offering a convenient location near parks, shopping, and within the reputable Westside Union School District.
Value-Add Potential: Described as a 'light fixer' with 'solid bones,' it presents a significant opportunity for buyers to update, personalize, and build equity over time.
Functional Layout: The residence features a bright interior and a functional floor plan, providing a good foundation for modernization and comfortable living.
Versatile Appeal: The property is highlighted as a 'smart opportunity for homeowners and investors alike,' broadening its market appeal to different buyer types.

Cons

Age and Condition: Built in 1957, the property is an older home described as a 'light fixer,' indicating that significant updates and renovations will likely be required.
Modest Interior Square Footage: With approximately 1,215 sq ft of living space, the interior might be considered modest for a 3-bedroom home, especially given the large lot size.
Renovation Investment Required: The 'light fixer' status implies that buyers should anticipate immediate and ongoing costs for updates and personalization, which may not suit those seeking a move-in ready home.

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