
Lancaster, California 93534
This High-Potential Investment Opportunity is listed at $399,900, positioned well below the $406,856 Fair Market Value by 1.7%. This valuation gap offers $6,956 in Instant Equity. Featuring a Condition Rating of 4, the home offers a versatile split floor plan with two kitchens, ideal for multi-generational living or rental income. With a large 7,017 sqft lot and a newer roof, this property is a strategic asset for Buy-and-Hold Investors or Owner-Occupants seeking value-add potential in West Lancaster.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 841 W Avenue J9 Subject | $379,900* List Price | 3 | 2 | 1,548 | $255 | - |
A 43729 Heaton Sold | $400,000 | 3 | 2 | 1,568 | $255 | 0.3 mi |
B 43740 Heaton Avenue Sold | $360,000 | 3 | 2 | 1,260 | $286 | 0.3 mi |
C 1032 W Avenue J5 Sold | $400,000 | 3 | 2 | 1,334 | $300 | 0.2 mi |
D 43639 Elm Sold | $480,000 | 3 | 2 | 1,793 | $268 | 0.5 mi |
E 44036 Cedar Avenue Sold | $365,900 | 3 | 1 | 1,521 | $241 | 0.5 mi |
F 1042 West Avenue J10 Sold | $329,900 | 3 | 2 | 1,108 | $298 | 0.2 mi |
G 43819 Elm Avenue Sold | $400,000 | 4 | 2 | 1,485 | $269 | 0.4 mi |
H 44141 Date Avenue Sold | $369,000 | 3 | 1 | 1,207 | $306 | 0.5 mi |
I 830 W Avenue J4 Active | $399,000 List Price | 3 | 2 | 1,787 | $223 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1956, the home is functional but significantly dated. While it features a newer roof and some updated flooring, the kitchen cabinetry, popcorn ceilings, and wall AC units indicate renovations are likely over 20 years old, requiring modernization and minor repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7017, living area = 1548.
The unique split floor plan featuring two separate kitchens offers exceptional versatility for multi-generational living, guest accommodations, or potential rental income.
The property includes a newer roof and durable block wall fencing, providing immediate value and reducing near-term maintenance expenses for the buyer.
Built in 1956, the home may require significant cosmetic or system updates to align with modern energy efficiency and aesthetic standards.
The local school district ratings, particularly for the high school and elementary levels, may be a drawback for families prioritizing top-tier educational performance.
Unique West Lancaster Opportunity! This Versatile 3-Bedroom, 2-Bathroom Home Features a Desirable Split Floor Plan with 2 Kitchens, Making it Ideal for Multi-Generational Living, Extended Family, Guests, or Potential Rental Flexibility. The Spacious Layout Includes a Large Family Room Highlighted by a Cozy Fireplace, Creating the Perfect Gathering Space for Family and Friends. Situated on a Large Lot, the Property Offers Plenty of Outdoor Space along with a Detached 2-Car Garage and Block Wall Fencing for added Privacy. Additional Features Include a Newer Roof and a Centrally Located West Lancaster Location Close to Shopping, Dining, Schools, Parks, and Commuter Access. Whether You're Looking for Extra Living Flexibility, an Investment Opportunity, or a Spacious Home with Room to Grow, this Property Offers Endless Possibilities. This Home may also be Available as Part of a Larger 33-Home Investment Portfolio, Providing Additional Opportunities for Investors Seeking to Expand their Real Estate Holdings. Don't Miss this Unique Opportunity to Own a Property with Exceptional Versatility in a Convenient West Lancaster location! This Property may also be Purchased Individually or as Part of a Larger Leased and Operating 33-Home Investment Portfolio, Offering Investors the Opportunity to Acquire in a Single Transaction Multiple Properties Located in Lancaster and Palmdale.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 3.6 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,548 | 1,880 |
| Lot Size | 7,017 | 7,703 |
| Price | $379.9K | $474.8K |
| Price per sq ft | $245 | $271 |
| Built year | 1956 | 1990 |
| HOA | $0 | $140 |
| Days on market | 38 | 62 |
Jul 10, 2026
$379,900
$399,900
-5% Price Drop
Initial Listing
Jun 14, 2026
$399,900
Initial Listing
Mar 26, 2010
$65,000
Public Record
Apr 10, 2006
$299,500
Public Record