2018 W Lingard Street, Lancaster, California 93536, Lancaster, - bed, bath

home-pic
ACTIVE$445,000
2018 W Lingard Street, Lancaster, California 93536
5Beds
3Baths
1,483Sqft
7,150Lot
Year Built
1954
Close
-
List price
$445K
Original List price
$445K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
25540419
Home ConditionFair
Features
Patio
View-

About this home

Beautiful 1 story house in Lancaster great area. Living room with fireplace dining area has a den, 4 bedroom 2.5 bathroom. Kitchen with stainless appliances and wood cabinets. Back yard with big storage and trees. Its tenant occupied with 8 monthly rent is $3065 lease will be expired December 7th 2025. Tenant has security deposit $6130 will be deliver to the new owner at the close of escrow. please call for more details, showing with in 24 hours notice.Agent Remarks : Tenant occupied its section 8th tenant lease will be expired Dec 7th 2025. Rent amount 3065, tenant pay 608 the rest section is paying, tenant has 6130 security deposit will be transferred to the new buyer at close of escrow. Do not disturb tenant appointment with 24 hours notice. Property profile shows 5 bedrooms but it's 4 bedrooms

Price History

Date
Event
Price
05/18/25
Listing
$445,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (337 Listings)
Beds54
81%
Baths33
50%
Square foot1,4832,158
18%
Lot Size7,1509,511
25%
Price$445K$559K
14%
Price per square foot$300$265
74%
Built year19549970997
4%
HOA
Days on market171177
45%
Condition Rating
Fair

Built in 1954, this property is well-maintained for its age and appears move-in ready. The kitchen features stainless steel appliances and wood cabinets, suggesting a functional update, but the style of the cabinets and overall aesthetic are not ultra-modern. Flooring is a mix of wood laminate and tile, which appears clean. While there are visible wall-mounted AC units and an outdoor central AC unit, indicating functional cooling, the mixed systems and the age of the home (70 years old) suggest that while major components are functional, they likely show signs of being outdated or have had piecemeal updates rather than a comprehensive, recent renovation. No clear bathroom images, but the overall impression is of a home that has been regularly maintained with occasional updates, fitting the 'Fair' category.
Pros & Cons

Pros

Immediate Rental Income: The property is currently tenant-occupied with a monthly rent of $3065, providing immediate and stable income for an investor.
Guaranteed Rent Portion: A significant portion of the rent is covered by Section 8, offering a reliable and consistent income stream for the landlord.
Security Deposit Transfer: The existing tenant's security deposit of $6130 will be transferred to the new owner, providing financial security from day one.
Desirable Interior Features: The house includes attractive features such as a fireplace, a dedicated den, stainless steel kitchen appliances, and wood cabinets.
Functional Outdoor Space: The backyard offers practical amenities including a large storage unit and mature trees, enhancing usability and appeal.

Cons

Tenant Occupancy & Lease Term: The property is tenant-occupied with a lease expiring in December 2025, which restricts immediate owner occupancy and requires 24-hour notice for showings, potentially limiting buyer pool.
Property Data Discrepancy: There is an inconsistency in the bedroom and bathroom count (MLS shows 5 beds/3 baths, description states 4 beds/2.5 baths), which could lead to appraisal challenges or buyer confusion.
Age of Construction: Built in 1954, the property is older, suggesting potential for outdated systems or components that may require future maintenance, repairs, or upgrades.

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