5256 W Avenue L, Lancaster, California 93536, Lancaster, 93536 - 3 bed, 1 bath
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Lancaster, California 93536
This High-Potential Investment Opportunity is a Turnkey Single Family Residence listed at $474,900—positioned well below the $489,342 Fair Market Value by 2%. This valuation gap offers $14,442 in Instant Equity. Featuring a Mint Condition Rating, the home includes a modern quartz kitchen and a massive 16,552 SF lot with mountain views. While lacking a garage, the expansive lot provides significant ADU potential. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5256 W Avenue L Subject | $474,900* List Price | 3 | 1 | 1,059 | $462 | - |
A 42221 52nd W Sold | $439,500 | 3 | 1 | 1,029 | $427 | 0.7 mi |
B 42652 W 55th Street W Sold | $425,000 | 3 | 1 | 1,010 | $421 | 0.2 mi |
C 4742 W Avenue L12 Sold | $410,000 | 2 | 1 | 912 | $450 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1955, the property has undergone a comprehensive top-to-bottom renovation within the last 5 years. The interior features a modern kitchen with white shaker cabinets, quartz countertops, and stainless steel appliances. Systems have been updated with recessed lighting and modern electrical outlets. With new tile flooring, updated bathrooms, and fresh paint throughout, the home is in mint, move-in condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16420, living area = 1059.
The property sits on a massive 16,552 SF lot, offering significant outdoor space, a large grassy area, and outbuildings, providing rare potential for expansion or an ADU.
The entire home has been updated with high-quality finishes, including quartz countertops, stainless steel appliances, new tile flooring, and fresh paint, making it completely move-in ready.
The property was recently sold within the past year on 2025-05-22. The sold price is $350,000.00.
The property does not include a garage, which may be a disadvantage for buyers seeking secure parking, covered storage, or workshop space.
With three bedrooms but only one bathroom, the home's layout may be less convenient for families or households requiring more than one washroom.
Westside Single Story on Huge 16,552 SF Lot! 3 + 1. 1059 SF. Built in 1955. Comp Roof. No Garage. Entire Home has been Updated/Remodeled! Fresh Paint. New Large Tile Floors! Covered Front Porch. Big Living Room. Dining Area. Kitchen has Recessed Lighting, White Cabinets with Long Brushed Nickel Pulls, Quartz Countertops, and Stainless Appliances! Oversized Laundry Area. Decora Paddles and Outlets. 3 Good-sized Bedrooms! Hall Bath has Quartz Counter and Shower! Front Covered Patio. Private Backyard with Wood Fencing! Public Water. Public Sewer. Huge Rear Grassy Area Behind Wood Fencing is also Part of the Property! Includes a Few Outbuildings. Super Clean and Move-in Ready!!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 41% |
| Baths | 1.0 | 3.0 | 4% |
| Square foot | 1,059 | 2,028 | 6% |
| Lot Size | 16,420 | 9,548 | 78% |
| Price | $474.9K | $540.0K | 23% |
| Price per sq ft | $448 | $270 | 97% |
| Built year | 1955 | 1991 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 151 | 2% |
Apr 30, 2026
$474,900
Initial Listing
May 22, 2025
$350,000
Public Record