1475 Boyden Avenue, Lancaster, California 93534, Lancaster, 93534 - 3 bed, 2 bath
ACTIVE$250,000
1475 Boyden Avenue, Lancaster, California 93534
3Beds
2Baths
1,180Sqft
6,652Lot
Price Vs. Estimate
The estimated value ($126,963.615) is $123,036.385 (49%) lower than the list price ($250,000). This property may be overpriced.
Key pros and cons
Top Pros:
Significant Investment Opportunity: Explicitly marketed as an 'Investor Special' for 'seasoned investors or builders,' indicating high potential for value creation through renovation and resale.
Top Cons:
Extensive Fire Damage & Unsafe Conditions: The property has 'sustained significant fire damage' and is deemed 'unsafe,' requiring substantial and costly reconstruction and remediation.
Compared to the nearby listings
Price:$250.0K vs avg $426.2K ($-176,250)2%
Size:1,180 sqft vs avg 1,429.5 sqft20%
Price/sqft:$212 vs avg $3029%
More Insights
Built in 1955 (70 years old).
Condition: The property has sustained significant fire damage, rendering it unsafe and unlivable, as explicitly stated in the MLS description ('Do not enter the structure unsafe conditions'). The images confirm extensive destruction, indicating the structure is beyond repair and requires demolition. The property's value is based solely on the land for redevelopment, consistent with a tear-down classification.
Year Built
1955
Close
-
List price
$250K
Original List price
$400K
Price/Sqft
$212
HOA
-
Days on market
-
Sold On
-
MLS number
25608645
Home ConditionTear down
Features
View-
About this home
Investor Special Fire-Damaged Short SaleOpportunity knocks for seasoned investors or builders. This property sustained significant fire damage and is being sold strictly as-is as a short sale. No warranties or repairs will be provided. Do not enter the structure unsafe conditions. Buyer to verify all information and conduct their own due diligence. Bring your vision and unlock this property's full potential. Cash or hard money only.
Nearby schools
3/10
Desert View Elementary School
Public,•K-6•0.1mi
3/10
Piute Middle School
Public,•6-8•1.9mi
2/10
Antelope Valley High School
Public,•9-12•1.7mi
Condition Rating
Tear down
The property has sustained significant fire damage, rendering it unsafe and unlivable, as explicitly stated in the MLS description ('Do not enter the structure unsafe conditions'). The images confirm extensive destruction, indicating the structure is beyond repair and requires demolition. The property's value is based solely on the land for redevelopment, consistent with a tear-down classification.
Pros & Cons
Pros
Significant Investment Opportunity: Explicitly marketed as an 'Investor Special' for 'seasoned investors or builders,' indicating high potential for value creation through renovation and resale.
Substantial Price Reduction: The list price has been significantly reduced from $400,000 to $250,000, suggesting a motivated seller and potential for a favorable acquisition cost for investors.
Generous Lot Size: A 6,652 sqft lot provides ample space for potential expansion, landscaping, or redevelopment once the property is restored.
Proximity to Elementary School: Desert View Elementary School is exceptionally close (0.10 miles), which can be a strong selling point for future families after renovation.
Established Neighborhood: Built in 1955, the property is located in an established area of Lancaster, which often comes with mature infrastructure and community appeal post-rehab.
Cons
Extensive Fire Damage & Unsafe Conditions: The property has 'sustained significant fire damage' and is deemed 'unsafe,' requiring substantial and costly reconstruction and remediation.
Strictly As-Is Sale & No Warranties: Sold 'strictly as-is' with 'no warranties or repairs,' meaning the buyer assumes all risks, liabilities, and costs for remediation and renovation.
Limited Financing Options: Requires 'Cash or hard money only,' severely restricting the buyer pool and indicating the property's inability to qualify for conventional loans due to its condition.