552 W Avenue H8, Lancaster, California 93534, Lancaster, 93534 - 0 bed, 0 bath
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552 W Avenue H8
Lancaster, California 93534
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
2,208Sq Ft
6,168Lot Size
Property Price
LIST PRICE$630,000
EST. MARKET VALUE
$630,000
SUMMARY
This Turnkey Multi-Unit Asset is listed at $620,000, offering a stable entry point at its $620,000 Fair Market Value. Featuring an Excellent Condition Rating, the property consists of two remodeled units and a Newly Constructed ADU finished with Quartz Countertops and Shaker Cabinets. Investors benefit from Section 8 Approval and a projected 8.4% Cap Rate, while FHA Financing Eligibility provides a rare path for residential wealth-building. This high-yield property is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack in the Antelope Valley.
Estimated Market Value
$630,000
Based on Realkey algorithm analyzing recent comparable sales in Lancaster.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 552 W Avenue H8 Subject | $630,000* List Price | 0 | 0 | 2,208 | $285 | - |
A 201 W Kettering Active | $789,000 List Price | 0 | 0 | 2,240 | $352 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property is a fully remodeled triplex featuring a newly constructed, permitted ADU. The interiors showcase high-quality modern finishes, including white shaker cabinets, quartz countertops, stainless steel appliances, and subway tile backsplashes in the kitchens. The units feature updated bathrooms with modern vanities and tile work, recessed LED lighting, and durable luxury vinyl plank flooring throughout. Despite the 1957 original build date, the extensive recent renovation and new construction components meet current quality standards for a turnkey, excellent condition rating.
PROSSTRENGTHS & OPPORTUNITIES
- High Investment Yield
Boasting a solid 8.4% cap rate and Section 8 approval, this property offers exceptional cash flow potential and stable rental demand in the Antelope Valley market.
- Turnkey Condition
The property is fully remodeled with modern finishes and includes a newly constructed, fully permitted ADU, minimizing immediate maintenance costs for a new owner.
- Financing Flexibility
Unlike many multi-unit investments, this triplex is eligible for FHA and Conventional financing, providing a rare opportunity for owner-users to utilize low-down-payment options.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6168, other record lot size in square feet = 7064. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2088, other record living area = 1525.
- Low School Ratings
The assigned public schools have low ratings (ranging from 2 to 4 out of 10), which may limit the appeal for families and impact long-term appreciation.
- Vintage Infrastructure
Despite the extensive surface-level renovations, the original 1957 construction may still feature aging core systems that could require attention compared to a newer build.
About 552 W Avenue H8
** FULLY REMODELED TRIPLEX!** Previously placed on hold at the seller’s request. Turnkey investment opportunity offering approximately 2,208 sq. ft. of living space across three units: a spacious 2 bed, 2 bath unit, a 2 bed, 1 bath unit, and a newly constructed 1 bed, 1 bath unit. One of the 2 bed, 1 bath units is currently vacant, offering a great opportunity for an owner-occupant while generating income from the other two units. The property has been remodeled with modern finishes throughout and a new roof. Each unit includes its own washer and dryer hookups. Section 8 approved and eligible for Conventional financing. With an 8.4% cap rate, this property offers strong income potential and long-term upside in the growing Antelope Valley market. Conveniently located near shopping, schools, dining, and major commuter routes.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1957
- Lot Size
- 6,168 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lancaster Unified Schools
Sierra Elementary School
Grades K-5 • 0.3 mi
3/10
Endeavour Middle School
Grades 6-8 • 4.0 mi
4/10
Antelope Valley High School
Grades 9-12 • 1.3 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 9.0 |
| Baths | 0.0 | 5.0 |
| Square foot | 2,208 | 2,756.5 |
| Lot Size | 6,168 | 209,921 |
| Price | $630.0K | $532.2K |
| Price per sq ft | $285 | $225 |
| Built year | 1957 | 1957 |
| HOA | $0 | $0 |
| Days on market | 232 | 127 |
Pricing History
Listed for Sale
Aug 26, 2026
$630,000
$620,000
+2% Price Increase
Initial Listing
Price Change
Mar 3, 2026
$620,000
$599,000
+4% Price Increase
Initial Listing
Price Change
Jan 20, 2026
$599,000
Initial Listing
Sold
Sep 8, 2022
$390,000
Public Record