5517 W Avenue L14, Lancaster, California 93536, Lancaster, 93536 - 4 bed, 3 bath
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Lancaster, California 93536
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $689,000—positioned well above the $651,589 Fair Market Value by 5%. While the property requires cosmetic updates due to its Condition Rating of 4, the 3,542 square foot floor plan offers significant potential for value-add renovations. The blank-canvas backyard provides a unique opportunity for custom landscaping to enhance the property's appeal. This asset is an ideal acquisition for Value-Add Investors or Owner-Occupants looking to build equity through strategic interior modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5517 W Avenue L14 Subject | $680,000* List Price | 4 | 3 | 3,542 | $180 | - |
A 42449 56th Street W Sold | $520,000 | 5 | 3 | 2,874 | $181 | 0.5 mi |
B 42520 52nd W Sold | $550,000 | 5 | 3 | 2,235 | $246 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is 22 years old and retains its original, dated finishes. The bathrooms feature 20-year-old oak cabinetry and basic fixtures, while the HVAC units appear original and weathered. The interior shows signs of wear, including stained carpeting, and the backyard remains an unfinished dirt lot, necessitating minor repairs and modern updates to meet current market standards.
With 3,542 square feet of living space, this property offers an exceptionally large interior footprint for a four-bedroom home, providing ample room for a growing family and versatile lifestyle needs.
The floor plan is thoughtfully designed with a grand open kitchen, dual sitting areas, and a formal dining room, creating a sophisticated flow that is ideal for both daily living and large-scale entertaining.
Built in 2004, the home benefits from modern building standards and architectural design, offering a newer and more efficient alternative to the older housing stock typically found in the region.
The backyard is currently a blank canvas, which requires the buyer to commit additional time and capital to design and install landscaping, irrigation, and hardscaping.
Given the massive interior square footage relative to the 6,823 square foot lot, the remaining outdoor yard space is somewhat limited, which may be a drawback for buyers seeking significant private acreage.
Spacious 4-bedroom, 2.5-bath home nestled on a tranquil street. The main floor features two sitting areas, a formal dining room, a grand open kitchen with a sunny eat-in area, a spacious laundry room, and convenient direct garage access. Upstairs, all bedrooms are thoughtfully situated alongside two full bathrooms. The backyard offers a charming, blank canvas—ready for buyers to design their own outdoor oasis.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,542 | 1,880 |
| Lot Size | 6,823 | 7,703 |
| Price | $680.0K | $474.8K |
| Price per sq ft | $192 | $271 |
| Built year | 2004 | 1990 |
| HOA | $0 | $140 |
| Days on market | 28 | 62 |
Jul 13, 2026
$680,000
$689,000
-1% Price Drop
Initial Listing
Jun 24, 2026
$689,000
Initial Listing
Feb 14, 2022
$539,000
Public Record
Sep 5, 2008
$285,000
Public Record
Nov 21, 2005
$470,000
Public Record
Jan 20, 2005
$373,500
Public Record