722 E. Avnue J6, Lancaster, California 93535, Lancaster, 93535 - 5 bed, 3 bath
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Lancaster, California 93535
This property represents a High-Potential Investment Opportunity, listed at a List Price of $650,000—positioned above the $559,842 Fair Market Value. While priced above current estimates, the asset offers significant Dual-Income Potential through its 4-bedroom main residence and fully permitted 1-bedroom ADU. With a Condition Rating of 3, the property provides immediate cash flow and modern infrastructure. This turnkey, tenant-occupied asset is an ideal acquisition for Buy-and-Hold Investors or passive income seekers looking for a stable, multi-unit rental property in the Antelope Valley Union district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 722 E. Avnue J6 Subject | $650,000* List Price | 5 | 3 | 2,056 | $272 | - |
A 43956 Gillan Avenue Sold | $480,000 | 4 | 3 | 1,899 | $253 | 1.0 mi |
B 729 Whitlatch Drive Sold | $500,000 | 4 | 3 | 2,035 | $246 | 0.1 mi |
C 43619 Emile Zola Street Sold | $465,000 | 4 | 2 | 2,046 | $227 | 0.9 mi |
D 43646 Rembrandt Street Sold | $500,000 | 4 | 2 | 2,076 | $241 | 0.8 mi |
E 735 E Avenue K7 Active | $503,000 List Price | 5 | 3 | 1,971 | $255 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features a main house built in 2003 (21 years old) with recent cosmetic updates including newer flooring and fresh interior paint. While some bathroom fixtures and tile counters appear original to the 2003 construction, the addition of a fully permitted ADU built in 2017 with modern finishes elevates the overall condition. The property is well-maintained, functional, and 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 = 8276, living area = 2056.
The property features a main 4-bedroom residence plus a fully permitted detached 1-bedroom ADU, offering multiple revenue streams and high rental yield.
Currently fully tenant-occupied with staggered lease expirations, this turnkey investment provides immediate income for the buyer from day one.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8276, other record lot size in square feet = 6626. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2056, other record living area = 1460. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The main house and ADU share a single water meter, which may lead to administrative challenges in accurately splitting costs between separate tenancies.
As a fully tenant-occupied property, it is less suitable for owner-occupants requiring immediate possession due to existing lease agreements.
Investor Opportunity Single Family Residential w with ADU! Fully tenant-occupied income-producing property featuring a 4-bedroom, 2-bath single-family residence built in 2003 and a fully permitted detached 1-bedroom, 1-bath ADU built in 2017. The main residence offers newer flooring, fresh interior paint, and a flexible floor plan with the potential to function as a 5-bedroom home, as one of the living rooms has been enclosed and is currently being utilized as an additional room. The detached ADU features modern finishes, a storage shed, and The property generates income. The main house and ADU share one water meter, while all other utilities are separately metered. This turnkey investment offers immediate cash flow with established tenants already in place and the flexibility of staggered lease expirations. Conveniently located near schools, shopping, restaurants, parks, and major commuter routes. Buyer to verify all information, including square footage, permits, lease terms, rental income, utility arrangements, and all aspects of the property to their own satisfaction.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,056 | 1,880 |
| Lot Size | 8,276.4 | 7,703 |
| Price | $650.0K | $474.8K |
| Price per sq ft | $316 | $271 |
| Built year | 2003 | 1990 |
| HOA | $0 | $140 |
| Days on market | 4 | 62 |
Jul 18, 2026
$650,000
Initial Listing
Dec 31, 2009
$105,000
Public Record
May 26, 2006
$330,000
Public Record
Aug 1, 2001
$125,000
Public Record