
Lancaster, California 93534
This Charming Vintage Home represents a High-Potential Investment Opportunity, listed at $399,000—positioned well above the $352,600 Fair Market Value. While the price reflects a premium, the property maintains a Good Condition Rating with significant upgrades, including a remodeled kitchen, new water pipes, and a tankless water heater. The expansive 7,454 sqft corner lot and unique below-home wine cellar space offer distinct value-add potential. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready residence with vintage character.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 768 W Newgrove Street Subject 2 bd · 2 ba · 1,232 sqft · $305 | $394,000* List Price | 2 | 2 | 1,232 | $305 | - |
A 925 W Oldfield Street Sold 3 bd · 1 ba · 1,286 sqft · $311 · 0.2 mi | $399,990 | 3 | 1 | 1,286 | $311 | 0.2 mi |
B 44627 Beech Ave Sold 3 bd · 1 ba · 1,119 sqft · $320 · 0.3 mi | $358,000 | 3 | 1 | 1,119 | $320 | 0.3 mi |
C 1238 W Avenue H15 Sold 3 bd · 1 ba · 1,095 sqft · $324 · 0.9 mi | $355,000 | 3 | 1 | 1,095 | $324 | 0.9 mi |
D 1015 W Avenue J7 Sold 4 bd · 2 ba · 1,334 sqft · $311 · 0.8 mi | $415,000 | 4 | 2 | 1,334 | $311 | 0.8 mi |
E 44314 Heaton Avenue Sold 4 bd · 2 ba · 1,112 sqft · $315 · 0.4 mi | $350,000 | 4 | 2 | 1,112 | $315 | 0.4 mi |
F 1026 W Avenue J9 Sold 3 bd · 2 ba · 1,305 sqft · $314 · 0.9 mi | $410,000 | 3 | 2 | 1,305 | $314 | 0.9 mi |
G 1042 West Avenue J10 Sold 3 bd · 2 ba · 1,108 sqft · $298 · 1.0 mi | $329,900 | 3 | 2 | 1,108 | $298 | 1.0 mi |
H 44804 Lorimer Sold 3 bd · 2 ba · 1,410 sqft · $311 · 0.9 mi | $439,000 | 3 | 2 | 1,410 | $311 | 0.9 mi |
I 45351 Kingtree Active 4 bd · 2 ba · 1,206 sqft · $315 · 1.0 mi | $379,500 List Price | 4 | 2 | 1,206 | $315 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1938 build date, the property is well-maintained and move-in ready. It features a remodeled kitchen with modern Samsung appliances, updated electrical (GFCI), new water pipes, and a tankless water heater. While it lacks central HVAC (using window units and an evaporative cooler), the recent interior updates and system improvements qualify it as 'Good' condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7454, living area = 1232.
The home features a tastefully remodeled kitchen with Samsung appliances and updated cabinetry, complemented by fresh interior paint and original wood flooring.
Situated on a large corner lot, the property offers a spacious backyard with a covered patio and an oversized detached garage, providing ample space for outdoor living and storage.
The reliance on window air-conditioning units and an evaporative cooler rather than a modern central HVAC system may be less efficient during Lancaster's extreme summer temperatures.
As a 1938 vintage home, buyers may face challenges typical of older structures, such as potential needs for further infrastructure updates despite recent pipe and water heater improvements.
Charming vintage home situated on a spacious corner lot with fresh interior paint, beautiful wood flooring, and unique architectural details throughout. The remodeled kitchen features updated countertops, backsplash, GFCI outlets, and new lower cabinets, plus an included Samsung refrigerator, Samsung double oven, and dishwasher. The inviting living room features two French doors that open to a large covered patio and an expansive backyard, perfect for relaxing or entertaining. The exceptionally spacious dining room provides ample space for gatherings. Each bedroom includes a ceiling fan, and the front bedroom features a lovely bay window. Additional highlights include an indoor laundry room with an attached half bathroom, new water pipes, a tankless water heater, window air-conditioning units, an evaporative cooler, security cameras, and a unique below-home space with potential for use as a wine cellar. The detached oversized two-car garage includes an updated Wi-Fi-enabled wireless garage door opener. Conveniently located near shopping, dining, schools and commuter routes, this one-of-a-kind Lancaster home is ready for its next owner!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.7 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,232 | 1,778.498 |
| Lot Size | 7,454 | 7,636.35 |
| Price | $394.0K | $473.8K |
| Price per sq ft | $320 | $271 |
| Built year | 1938 | 1989 |
| HOA | $0 | $203 |
| Days on market | 32 | 64 |
Oct 15, 2026
$394,000
$399,000
-1% Price Drop
Initial Listing
Sep 22, 2026
$399,000
Initial Listing
Jun 12, 2017
$170,000
Public Record