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114 W Lancaster Boulevard, Lancaster, California 93534, Lancaster, 93534 - 4 bed, 2 bath

114 W Lancaster Boulevard, Lancaster, California 93534 home-pic-0
ACTIVE$439,900
114 W Lancaster Boulevard, Lancaster, California 93534
4Beds
2Baths
1,500Sqft
9,583Lot
Year Built
1929
Close
-
List price
$440K
Original List price
$440K
Price/Sqft
$293
HOA
-
Days on market
-
Sold On
-
MLS number
DW25270160
Home ConditionFair
Features
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 4 Cons,6 Pros. Rank: price - $439.9K(55th), sqft - 1500(56th), beds - 4(65th), baths - 2(50th).

This versatile property features two homes on one lot, offering endless possibilities for investors or large households. The main residence provides approximately 1,500 square feet of comfortable living space with four well-sized bedrooms, two bathrooms, an indoor washer and dryer, a swamp cooler, and central heat. The rear unit, though unpermitted, adds exceptional flexibility and can function as an office, studio, storage area, or even an additional bedroom, complete with its own bathroom and kitchen sink. Enjoy the convenience of alley access and the benefit of being just blocks away from restaurants, coffee shops, and the vibrant local scene, making this an ideal opportunity for those seeking both practicality and potential.

Price History

Date
Event
Price
12/09/25
Listing
$439,900
10/31/22
Sold
$223,000
08/20/99
Sold
$71,000
Condition Rating
Fair
Built in 1929, this property shows its age but has received some partial updates. The kitchen features newer white shaker cabinets and laminate flooring, but the range is outdated, and countertops are basic. Bathrooms are functional but basic with pedestal sinks and older-style tiling. Bedrooms have worn carpets. The cooling system (swamp cooler) is inefficient and outdated for the climate. While some elements are maintained, the property requires minor updates to modernize and improve comfort, and the unpermitted rear unit presents a significant concern, aligning with a 'fair' condition.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 1500.
Dual Dwelling Configuration: The property features two distinct living spaces on one lot, offering excellent versatility for multi-generational living, rental income, or a dedicated guest suite.
Flexible Auxiliary Unit: The rear unit, complete with a bathroom and kitchen sink, provides significant flexibility for use as an office, studio, additional bedroom, or storage, enhancing the property's utility.
Desirable Urban Proximity: Located just blocks from local restaurants, coffee shops, and a vibrant scene, offering convenient access to amenities and a desirable lifestyle.
Spacious Main Residence: The main home features a generous 1,500 square feet with 4 bedrooms and 2 bathrooms, providing ample living space for families.
Ample Lot Size: A substantial 9,583 sqft lot provides significant outdoor space for recreation, gardening, or potential future enhancements.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9583, other record lot size in square feet = 9421. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Unpermitted Rear Unit: The auxiliary unit's unpermitted status presents potential legal and financial risks, including challenges with financing, insurance, or future resale, and may require costly legalization.
Suboptimal Cooling System: The property relies on a swamp cooler for cooling, which is generally less efficient and effective than central air conditioning, especially in Lancaster's hot climate.
Historic Property Age: Built in 1929, the property's age suggests potential for aging infrastructure and systems that may require significant maintenance or upgrades in the near future.

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