1029 W Avenue H5, Lancaster, California 93534, Lancaster, 93534 - 3 bed, 2 bath

1029 W Avenue H5, Lancaster, California 93534 home-pic-0
ACTIVE$339,900
1029 W Avenue H5, Lancaster, California 93534
3Beds
2Baths
1,118Sqft
6,534Lot

Price Vs. Estimate

The estimated value ($339,900) is $0 (0%) lower than the list price ($339,900). This property may be overpriced.

Key pros and cons

Top Pros:
Upgraded Kitchen: The kitchen features upgraded counters, oak cabinets with pull-out drawers, lazy Susans, and laminate flooring, offering a modern and functional space.
Top Cons:
Age of Property: Built in 1956, the home is older, which may imply potential for deferred maintenance or the need for updates to major systems not explicitly mentioned.

Compared to the nearby listings

Price:$339.9K vs avg $426.2K ($-86,350)12%
Size:1,118 sqft vs avg 1,429.5 sqft14%
Price/sqft:$304 vs avg $30253%

More Insights

Built in 1956 (69 years old).
Condition: Built in 1956, this property is aged. While the kitchen has 'upgraded counters, oak cabinets, and laminate flooring,' these updates appear to be from 15-30 years ago, making them functional but dated. The bathroom is significantly outdated with older fixtures and finishes. The overall aesthetic, including carpets and light fixtures, is not modern. The exterior shows some wear and a potentially temporary roof covering. The home is maintained and livable but requires minor updates and cosmetic renovations to meet current standards.
Year Built
1956
Close
-
List price
$340K
Original List price
$375K
Price/Sqft
$304
HOA
-
Days on market
-
Sold On
-
MLS number
SR25232985
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

**Charming West Lancaster Investment Opportunity!** This 3-bedroom, 2-bath home features a spacious living room and a bright, functional kitchen, complete with upgraded counters, oak cabinets with pull-out drawers, lazy Susans, and laminate flooring. Enjoy outdoor living with a covered patio and the convenience of an automatic garage door opener.

Nearby schools

3/10
Desert View Elementary School
Public,K-60.7mi
3/10
Piute Middle School
Public,6-81.5mi
2/10
Antelope Valley High School
Public,9-121.6mi
Condition Rating
Fair

Built in 1956, this property is aged. While the kitchen has 'upgraded counters, oak cabinets, and laminate flooring,' these updates appear to be from 15-30 years ago, making them functional but dated. The bathroom is significantly outdated with older fixtures and finishes. The overall aesthetic, including carpets and light fixtures, is not modern. The exterior shows some wear and a potentially temporary roof covering. The home is maintained and livable but requires minor updates and cosmetic renovations to meet current standards.
Pros & Cons

Pros

Upgraded Kitchen: The kitchen features upgraded counters, oak cabinets with pull-out drawers, lazy Susans, and laminate flooring, offering a modern and functional space.
Functional Layout: The home offers a desirable 3-bedroom, 2-bathroom configuration with a spacious living room, appealing to a broad range of buyers.
Outdoor Living Space: A covered patio enhances the property's outdoor living and entertainment options.
Investment Potential: Marketed as a 'Charming West Lancaster Investment Opportunity,' suggesting potential for rental income or appreciation.
Convenience Amenities: Includes an automatic garage door opener, adding a practical convenience feature for daily use.

Cons

Age of Property: Built in 1956, the home is older, which may imply potential for deferred maintenance or the need for updates to major systems not explicitly mentioned.
Low School Ratings: All nearby schools (elementary, middle, and high school) have low ratings (2-3 out of 10), which could deter families with school-aged children.
Price Reduction History: Multiple price reductions from the original list price indicate challenges in attracting buyers, suggesting potential overpricing or market resistance.

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