
Lancaster, California 93536
This property presents a High-Potential Investment Opportunity with a List Price of $559,000—positioned well above the $382,949 Fair Market Value by -45%. While the current list price exceeds the estimated value, the expansive 10,024 sqft lot and 4-bedroom, 3-bathroom layout provide a solid foundation for value-add renovations. Given the Fair Condition Rating and the need for TLC, this asset requires a strategic capital infusion to modernize the interior. This project is best suited for Buy-and-Hold Investors or Contractors capable of executing a comprehensive rehabilitation plan.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5840 Almond Valley Way Subject | $540,000* List Price | 4 | 3 | 2,050 | $175 | - |
A 42427 61st Street W Sold | $549,000 | 4 | 3 | 2,144 | $256 | 0.3 mi |
B 5811 Corinthian Place Sold | $530,000 | 4 | 2 | 1,711 | $310 | 0.1 mi |
C 5101 Ruby Court Sold | $475,000 | 3 | 3 | 2,081 | $228 | 0.8 mi |
D 5721 5721 Bulford Place Sold | $585,900 | 4 | 3 | 2,838 | $206 | 0.9 mi |
E 5813 W Avenue L11 Sold | $625,000 | 5 | 3 | 2,353 | $266 | 0.1 mi |
F 42734 56th Street West Active | $489,000 List Price | 4 | 2 | 1,958 | $250 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1990 with no evidence of recent renovations, the property is explicitly described as needing 'TLC.' The significant price drop from its 2022 sale price ($520,500 to $350,000) and the neglected exterior suggest substantial repairs and rehabilitation are required to make the home move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10024, living area = 2050.
Listed at $350,000 despite a previous sale price of $520,500 in 2022, this property offers significant equity potential for investors or buyers looking to build sweat equity.
With 4 bedrooms, 3 bathrooms, and 2,050 square feet of living space, the home provides a generous and functional layout suitable for growing families.
The property is noted as needing 'TLC,' indicating that immediate capital investment and labor will be required to bring the home up to modern standards.
The drastic price difference from its 2022 sale suggests potential underlying condition issues or distress that may complicate traditional financing options.
SHORT SALE APPROVED. Move-in ready and well-maintained home located in a desirable Lancaster neighborhood. This property offers a clean, comfortable layout with bright living spaces and a welcoming feel throughout. The home is in very good condition, making it an excellent option for buyers looking for a property that is ready for immediate occupancy. Enjoy a spacious interior, functional floor plan, and a convenient location near local schools, shopping, dining, and commuter routes. A great opportunity for owner-occupants or investors seeking a turnkey property in West Lancaster.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,050 | 2,028 | 51% |
| Lot Size | 10,024 | 9,548 | 59% |
| Price | $540.0K | $540.0K | 50% |
| Price per sq ft | $263 | $270 | 48% |
| Built year | 1990 | 1991 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 116 | 152 | 30% |
Jun 9, 2026
$540,000
$550,000
-2% Price Drop
Initial Listing
May 23, 2026
$550,000
$559,000
-2% Price Drop
Initial Listing
May 9, 2026
$559,000
$350,000
+60% Price Increase
Initial Listing
Feb 19, 2026
$350,000
Initial Listing
Feb 25, 2022
$520,500
Public Record