552 W Avenue H8, Lancaster, California 93534, Lancaster, 93534 - bed, bath
552 W Avenue H8
Lancaster, California 93534
Property Price
SUMMARY
Analysis of 552 W Avenue H8, Lancaster, California 93534 is currently available with a list price of $620,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Lancaster Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
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
This fully remodeled triplex offers 2,088 sq ft of living space and is eligible for Conventional or FHA financing. The property consists of two fully remodeled 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, which is a newly constructed, fully permitted ADU. Each unit features its own in-unit washer and dryer hookups and modern finishes throughout, making this a true turnkey income property. The property is Section 8 approved, offering strong rental demand and stable income potential. With a solid 8.4% cap rate, this property is ideal for investors or owner-users seeking reliable cash flow in the growing Antelope Valley market. Conveniently located near shopping, schools, dining, and major commuter routes, this is a rare opportunity to acquire a fully renovated, permitted triplex with excellent income and long-term upside.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1957
- Lot Size
- 6,168 Sq. Ft.
Interior
- Total Bedrooms
- -
- 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
Endeavour Middle School
Grades 6-8 • 4.0 mi
Antelope Valley High School
Grades 9-12 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,088 | 2,051 | 60% |
| Lot Size | 6,168 | 7,473 | 20% |
| Price | $620.0K | $595.0K | 80% |
| Price per sq ft | $297 | $290 | 60% |
| Built year | 1957 | 1951 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 156 | 20% |
Pricing History
Listed for Sale
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