
Frazier Park, CA 93225
This Dual-Unit Residential Property is a Strong Value Opportunity, listed at $289,900—positioned well below the $312,298 Fair Market Value by 7%. This valuation gap offers $22,398 in Instant Equity. Featuring a Mint Condition Rating with recently remodeled interiors, the property includes two separate studios, a flat concrete driveway, and scenic mountain views. This versatile asset is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking to offset mortgage costs through a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6836 Lakewood Subject | $289,900* List Price | 2 | 2 | 1,306 | $239 | - |
A 6513 Lowry Lane Active | $298,000 List Price | 3 | 2 | 1,040 | $287 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1962 build date, both studio units have undergone a comprehensive recent remodel within the last 5 years. The kitchens feature modern cabinetry and stone countertops, and the bathrooms have been updated with sleek finishes and recessed lighting, meeting the criteria for mint condition with no immediate maintenance needed.
The property features two separate, remodeled studio homes on a single lot, offering excellent versatility for rental income, a guest suite, or multi-generational living.
Both units have been recently updated with contemporary finishes, including a new kitchen, recessed lighting, and stylish bathrooms, providing a move-in-ready experience for the buyer.
Residents can enjoy scenic mountain views from the property, which also features a rare flat concrete driveway and a storage shed for added convenience in a mountain setting.
With both living spaces configured as studios, the property lacks traditional private bedrooms, which may limit its appeal to larger families or those requiring separate sleeping quarters.
Originally constructed in 1962, the property's underlying structural and mechanical systems are over 60 years old, potentially requiring more long-term maintenance than a newer build.
Tucked onto a single, beautifully utilized lot, this unique property features two separate studio homes, each thoughtfully remodeled and filled with charm. The ground-level studio welcomes you with an inviting fireplace and a newly updated kitchen that blends style and function. Generous windows bathe the space in natural light, highlighting the easy, all-one-level layout. The bathroom offers a sleek stand-up shower, and just outside the back door you’ll find a separate laundry room that can be shared by both units if desired. A handy storage shed and a flat driveway add everyday convenience and practicality. Above the detached garage, the second studio feels bright and modern, with an open floorplan that maximizes every square foot. Recently remodeled, this space features recessed lighting, a ceiling fan, and a full bathroom with a shower/tub combo, creating a comfortable retreat for guests or potential rental income. The flat concrete driveway enhances accessibility and parking ease for both units. Together, these two studios create a rare opportunity—whether you’re looking to live in one and rent the other, create a private guest suite, or expand your investment portfolio, this versatile property is ready to fit your vision. **Some photos were AI enhanced for better quality and clarity.
No exterior & parking available.
Grades K-4 • 3.5 mi
Grades 9-12 • 6.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 43% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,306 | 1,407 | 50% |
| Lot Size | 6,534 | 8,515.5 | 36% |
| Price | $289.9K | $362.0K | 29% |
| Price per sq ft | $222 | $233 | 50% |
| Built year | 1962 | 1987 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 231 | 7% |
Jun 2, 2026
$289,900
Initial Listing
Dec 29, 2020
$255,000
Public Record
Aug 24, 2020
$240,000
Public Record
May 26, 2020
$111,000
Public Record
Jun 11, 1999
$50,000
Public Record